Deal sheet    Single Deal
520 Madison Avenue|Office Leasing|01/20/2007
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Square feet 22,400
  • Borough Manhattan
  • Neighborhood Plaza District
  • Publication Date 03/01/2007
  • Deal Date 01/20/2007
  • Party 1 Brokerage Jeffries & Company
  • Party 2 Cramer Rosenthal McGlynn
  • Party 2 Brokerage CBRE
  • Party 2 Broker Kenneth Rapp
notes
The financial services firm inked a 10-year sublease. It will move from the 32nd floor, which it had leased through 2008, to the 20th floor in an effort to reduce rental expenditures. Tishman Speyer allowed Cramer to terminate its lease early so space could be remarketed at higher rates. The financial services firm inked a 10-year sublease. It will move from the 32nd floor|which it had leased through 2008|to the 20th floor in an effort to reduce rental expenditures.
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