The Real Deal New York

After renovations, 136 Madison sees leasing uptick

March 22, 2010 03:34PM

Test-prep company Triumph Learning has upgraded its space at 136 Madison Avenue, more than doubling the seventh-floor space it had been subletting for the past six years. In a direct lease with the landlord, Triumph is now committed to 35,750 square feet on the seventh and eighth floors for the next five years. The asking rent was $37 per square foot. The building had been undergoing capital improvements and has seen an increase in leasing since the removal of scaffolding six months ago, according to Christel Engle of FirstService Williams, who brokered the deal with Michael Thomas, also of FirstService Williams. Home textiles importer Sunham Home Fashions took on 18,000 square feet in the building in a 10-year lease signed in January. [Crain’s]

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