Printer Friendly
The Free Library
22,741,889 articles and books

Leasing tops 200,000 s/f at 590 Madison Avenue.



Following a noteworthy year of leasing activity, Cushman & Wakefield announced three new leases at 590 Madison Ave.--Harbourton Enterprises, The Threshold Group and Barclays Global Investors--with leases totaling more than 18,700 s/f, are the latest tenants to commit to the class-A office building.

Since being appointed as the leasing agents for 590 Madison Ave., Cushman & Wakefield brokerage professionals Jonathan R. Serko, Barry Zeller, Donald DiRenzo Jr., David Malawar and Adam Rappaport, along with executive vce president Jeffrey Sussman of Edward J. Minskoff Equities, have successfully marketed the property to prospective tenants.

"We've seen the Plaza District become the go-to spot for some of the world's most sophisticated businesses and retailers," said Mr. Serko.

"Tenants are attracted to 590 Madison because it offers the full package--handsome architecture with modern systems and amenities in a high-profile neighborhood."

The most recent leases include investment firm Harbourton Enterprises, which signed a lease for 10,158 s/f of the ninth floor; family wealth management firm The Threshold Group, which took 3,776 s/f on the fifth floor; and Barclays Global Investors Barclays Global Investors is a subsidiary of British-based Barclays Bank which is in the investment management industry. It is the largest corporate money manager in the world, with over £936 billion (US$1.77 trillion) under management as of March 2006[1]. , which leased 4,772 s/f, also taking part of the fifth floor.

The latest deals bring the total square footage leased year-to-date to approximately 200,000 s/f.

Tenants making significant commitments to the building in 2005 include Lovells, CitiGroup Capital Markets, Equinox equinox (ē`kwĭnŏks), either of two points on the celestial sphere where the ecliptic and the celestial equator intersect. The vernal equinox, also known as "the first point of Aries," is the point at which the sun appears to cross the  Capital Management, Brevan Howard, The Travelers Indemnity Company, Henry Kaufman Henry Kaufman (born 1927 in Germany) is an American economist and financial consultant.

Born in a small village in Germany, in the late 1930s his family left, fleeing the Nazi regime.

Currently president of Henry Kaufman & Company Inc.
 & Company, Latigo Partners, Veritas Capital Fund Management, Frank Russell Frank Russell may refer to the following people:
  • Frank Russell, Baron Russell of Killowen (1867–1946), British Lord of Appeal in Ordinary and law lord
  • Frank Russell, 2nd Earl Russell (1865–1931)
See also
 Trust Co., Cemex Corporation and KBS (KiloBits per Second) Could also be KBs for kilobytes. See Kbps and kilo.

KBS - Knowledge-Based System
 Realty Advisors.

The Cushman & Wakefield leasing team will continue to market the remaining pre-built units, including 3,483 s/f on the eighth floor and 3,264 s/f on the fifth floor.

Built in 1982, 590 Madison is a 1,016,413 s/f, 43-story class-A office tower located between 56th and 57th Streets.

The surrounding business district includes prestigious retailers Carrier, Tiffany, Barneys New York This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 and Bergdorf Goodman Bergdorf Goodman is a major, world-renowned luxury goods department store based in Midtown, Manhattan in New York City. It is owned by Neiman Marcus. History
Beginnings
, along with The Plaza, Four Seasons and St. Regis Hotels.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Date:Jan 11, 2006
Words:329
Previous Article:Developer buys midtown loft building.
Next Article:S&Z completes 50th deal for Quiznos in New York.
Topics:



Related Articles
Real estate industry entering a new frontier.
Midtown rents rise as inventory shrinks.
Midtown leasing takes a respite.
Available NYC space expanded, but office market may tighten.
Midtown leasing tops a million square feet.
Midtown availability hits all-time low for decade.
Arche renews on Third Ave.
Growing gains at 148 Madison.
Law firm signs deal to lease 60,000 s/f.
Studley is frontrunner in leasing deals.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters