Nordic private equity shop hits 42nd St.

Sweden’s EQT Partners signs on at the newly renovated Grace Building, on West 42nd Street, five years after opening its first U.S. office in White Plains, N.Y. EQT Partners, a Swedish private equity firm, is opening its first New York City office in the Grace Building, which recently unveiled a newly renovated lobby. Currently located in White Plains, N.Y., the firm leased about 9,100 square feet on the 38th floor of the building, located at 1114 Sixth Ave., between West 42nd and West 43rd streets. The entrance for building is on West 42nd Street, across from Bryant Park. Asking rent for the 10-year deal, which covers about a third of the floor, was $95 a square foot.

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