Michael J. Fox Foundation Relocates Headquarters to 69K SF at RXR's 530 Fifth Avenue in Manhattan
The Michael J. Fox Foundation for Parkinson's Research has relocated its headquarters to RXR's 530 Fifth Avenue in Midtown Manhattan, taking 68,958 square feet at the 26-story office building, RXR announced May 7, 2026.
The foundation is moving from its longtime space at 111 West 33rd Street to 530 Fifth Avenue.
Deal Details and Building Profile
The lease at 530 Fifth Avenue — a 26-story office building originally built in 1956 — marks a significant tenant commitment at a property RXR has been actively upgrading. The building encompasses approximately 450,000 square feet of office space.
Financial terms of the lease, including rent and lease duration, were not disclosed.
RXR's $180 Million Recapitalization Strategy
The Fox Foundation lease comes as RXR continues a $180 million recapitalization of 530 Fifth Avenue focused on upgrading the building and attracting what the firm describes as mission-driven, high-quality tenants.
RXR has stated that the relocation aligns with its strategy of pairing its office portfolio with organizations that value collaborative, modern work environments, supporting tenants in advancing their long-term missions.
About the Parties
RXR is a New York-based real estate owner, developer, and operator. The Michael J. Fox Foundation for Parkinson's Research is a nonprofit focused on funding Parkinson's disease research. 530 Fifth Avenue is located at 530 Fifth Avenue, New York, NY 10036.
Sources: RXR
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