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Madison Capital
Madison Capital is a real estate investment and management firm in New York, focused principally on acquiring retail and mixed-use properties in New York City and elsewhere in the United States. The company was founded in 2002 by Richard Wagman and J. Joseph Jacobson manages over $2.1 billion of assets.
Madison Capitals realized real estate investment deals include the 410,000-square-foot 100 Broadway building, which was acquired in 2010 and sold just three years later in 2013.
In 2008 Madison Capital acquired a series of West Village and Lower East Side multi-family properties and through repositioning was able to sell the entire portfolio in 2012. Current investment projects include the 84,000-square-foot 1880 Broadway and the 50,000-square-foot 655 Broadway, both mixed office and retail properties in Manhattan. -WP
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06/06/18
...four floors in the 11-story building, controlled by Madison Capital, which acquired the ground lease for about $85 million in 2016. Sources said the deal was...
05/03/18
...from the Orbach Group.
6) On Broadway - $80 million
Madison Capital refinanced 1657 Broadway in Midtown with an $80 million loan from Aareal Capital. The loan was...
12/26/17
...event.
However, Richard Wagman, managing partner of landlord Madison Capital, said he thinks online shopping is causing a very real retail shift nationwide.
“Even...
...event.
However, Richard Wagman, managing partner of landlord Madison Capital, said he thinks online shopping is causing a very real retail shift nationwide.
“Even...
10/18/17
...From left: Madison Capital’s Richard Wagman, Colliers’ Brad Mendelson, Brookfield’s Michael Goldban, Eastern Consolidated’s Robin...
10/13/17
...Mendelson of Colliers International and Richard Wagman of Madison Capital will give speeches at the event.
Lastly, attend RedinNYC as it presents Real Estate...
09/22/17
...the 380,000-square-foot, 24-story tower for $150 million in 2013 from Madison Capital and Meadow Partners. Tenants include IA Interior Architects, Tommy John and MM.LaFleur.
Northwood...
06/07/17
...way of explaining it.
Richard Wagman, founder of Madison Capital, didn't sugarcoat that the city's toniest retail corridor on Upper Fifth Avenue is currently...
05/23/17
...said Joe Jacobson, a partner with the landlord Madison Capital. “Deals are getting done at realistic levels.”
There was broad agreement on which uses...
...Fitness. The buyers were Wheelock Street Capital and Madison Capital.
Meanwhile, major national player CBRE has swelled its ranks to augment its retail business...
02/24/17
...Avenue in the Flatiron District and Richard Wagman
Madison Capital scored a $51.4 million loan from Mesa West Capital for its purchase of the ground...
12/07/16
...York to Miami,” he said.
Richard Wagman’s Madison Capital, for example, paid $57.3 million in October to buy South Beach’s Boulan building, and...
10/13/16
...Avenue and Richard Wagman
UPDATED, 4:37, p.m. Oct. 13: Madison Capital is in contract to acquire a ground lease on a Flatiron District office-and-retail building...
07/11/16
...West 75th Street, Also Known As 2139 Broadway, from Madison Capital and PGIM Real Estate, formerly Prudential Real Estate Investors, according to property records filed...
...companies have their roots in affordable housing,” said Madison Capital’s Michael Stoler, host of the CUNY TV show “The Stoler Report,” a weekly...
06/13/16
...at 6 East 20th Street in the Flatiron District. Madison Capital last bought the site in 2013 for the same amount. The transportation agency has not...
...New York real estate investors, Thor Equities and Madison Capital, have also recently bought stakes in Fulton Market.
Street retail now accounts for 45 percent...
11/04/15
...behalf of owners Angelo, Gordon & Co. and Madison Capital.
A 46-year ground lease at the other space – a 13,000-square-foot retail condo at 465 Sixth...
10/19/15
...per store, putting a big question mark on Madison Capital’s $400 million bid for the retail. Scholastic sought to relocate the office lobby and...
06/17/15
...a one-story Citibank branch in Forest Hills from Madison Capital and Prudential Real Estate Investors for $28 million, with plans to expand the building, The...
05/22/15
...Bisnow)
John Catsimatidis’ Gristedes supermarket chain is suing Madison Capital for allegedly defaulting on rent at the Ansonia condo building and misrepresenting its financial...
...are in a deal-making mood.”
Landlords remain optimistic.
Madison Capital is set to pay about $400 million for roughly 30,000 square feet of retail space from...
04/17/15
...Soho, Helen Hwang and Richard Wagman (credit: Bisnow)
Madison Capital won a bid to acquire a retail space spanning at least 32,000 square feet at...
04/03/15
...Street, according to sources familiar with the deal. Madison Capital, led by Richard Wagman and J. Joseph Jacobson, and equity partner Prudential Real Estate...
03/20/15
...contract in July to buy the property from Madison Capital and the Prudential Insurance Company of America.
In 2012, Madison and Prudential paid $18.3 million for...
Madison Capital, Managing Director and Principal
55 East 59th Street, 17th Floor, New York, NY, (212) 759-9001
55 East 59th Street, 17th Floor, New York, NY, (212) 759-9001
David Steinberg is a managing director and principal at Madison Capital, a real...
Madison Capital, Partner
55 East 59th Street, 17th Floor, New York, NY, (212) 759-9001
55 East 59th Street, 17th Floor, New York, NY, (212) 759-9001
J. Joseph Jacobson is partner and co-founder at Madison Capital, a real estate...
Madison Capital, Managing Partner
55 East 59th Street, 17th Floor, New York, NY, (212) 759-9001
55 East 59th Street, 17th Floor, New York, NY, (212) 759-9001
Richard Wagman is a Canadian-born real estate investor, and managing partner of Madison...
- Event Sales
- Address 71 Fifth Avenue
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 153,000
- Price $ 125,000,000
- Publication Date 04/01/2017
- Event Date 02/15/2017
- Party 1 Samco Properties
- Party 2 Madison Capital
notes
The ground lease on the retail and office property was sold for the total value of $125 million.
- Event Financing
- Address 71 Fifth Avenue
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 153,000
- Price $ 51,400,000
- Publication Date 04/01/2017
- Event Date 02/15/2017
- Party 1 Madison Capital
- Party 2 Mesa West Real Estate Income Fund IV
notes
The company secured a $51 million mortgage for the acquisition of a ground lease on the retail and office property.
- Event Sales
- Address 123 East 86th Street
- Neighborhood Upper East Side
- Borough Manhattan
- Square feet 7,018
- Price $ 24,500,000
- Price per foot $ 3,492.00
- Publication Date 10/01/2016
- Event Date 08/15/2016
- Party 1 Madison Capital
- Party 1 Brokerage HFF
- Party 1 Broker Rob Rizzi, Jeff Julien, Eric Anton, Steven Rutman
- Party 2 NJNAM Asset Co
- Party 2 Brokerage PD Properties
- Party 2 Broker Elad Dror, Tony Park
notes
The retail property sold for $24.5 million.
- Event Sales
- Address 235 West 75th Street
- Neighborhood Upper West Side
- Borough Manhattan
- Square feet 18,899
- Price $ 103,500,000
- Price per foot $ 5,476.00
- Publication Date 08/01/2016
- Event Date 06/17/2016
- Party 1 Madison Capital, Prudential Real Estate Investors
- Party 2 Vanbarton Group
notes
The retail condominium sold for $103.5 million.
- Event Sales
- Address 606 Broadway
- Neighborhood SoHo
- Borough Manhattan
- Square feet 6,174
- Price $ 25,800,000
- Price per foot $ 4,178.81
- Publication Date 07/01/2016
- Event Date 05/15/2016
- Party 2 Madison Capital, Vornado Realty Trust
notes
The property was sold for $25.8 million.
- Event Financing
- Address 19 East Houston
- Neighborhood SoHo
- Borough Manhattan
- Square feet 6,190
- Price $ 43,000,000
- Publication Date 07/01/2016
- Event Date 05/15/2016
- Party 1 Madison Capital
- Party 2 CIT
notes
The company secured a $43 million project loan.
- Event Sales
- Address 475 Sixth Avenue
- Neighborhood Greenwich Village
- Borough Manhattan
- Price $ 30,000,000
- Publication Date 03/01/2016
- Event Date 01/01/2016
- Party 1 Madison Capital
- Party 2 TF Cornerstone
- Party 2 Brokerage Eastdil Secured
- Party 2 Broker Adam Spies, Douglas Harmon, Joshua King, Brett Siegel
notes
TF Cornerstone acquired the 46-year ground lease for a retail co-op for $30 million.
- Event Retail Leasing
- Address 129 Fifth Avenue
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 8,987
- Publication Date 12/01/2015
- Event Date 10/22/2015
- Party 1 Madison Capital
- Party 1 Brokerage JLL
- Party 1 Broker Amy Zhen
- Party 2 Tory Burch
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Laura Pomerantz
notes
The fashion designer signed a lease.
- Event Office Leasing
- Address 10 Crosby Street
- Neighborhood Soho
- Borough Manhattan
- Square feet 8,425
- Price per foot $ 68.00
- Publication Date 11/01/2015
- Event Date 09/22/2015
- Party 1 Madison Capital
- Party 1 Brokerage JLL
- Party 1 Broker Mitchell Konsker, Daniel Turkewitz, Brittany Wunsch
- Party 2 Via Transportation
- Party 2 Brokerage CBRE
- Party 2 Broker Jason Frazier, David Young
notes
The ride-sharing company signed a lease.
- Event Retail Leasing
- Address 2008 Broadway
- Neighborhood Upper West Side
- Borough Manhattan
- Square feet 32,400
- Publication Date 10/01/2015
- Event Date 08/22/2015
- Party 1 Madison Capital
- Party 1 Brokerage Madison Capital
- Party 1 Broker Jill Grabel Kirby
- Party 2 Lowe's Home Improvement
notes
The home improvement store signed a lease.
- Event Retail Leasing
- Address 42655 Crosby Street
- Neighborhood SoHo
- Borough Manhattan
- Square feet 5,400
- Publication Date 12/01/2014
- Event Date 10/17/2014
- Party 1 Madison Capital
- Party 1 Brokerage Isaacs & Company
- Party 1 Broker Marc Simon, Josh Lewin
- Party 2 Henrybuilt
- Party 2 Brokerage Sinvin Real Estate
- Party 2 Broker Sarah Shannon
notes
The home furnishing store signed a 10-year lease.
- Event Sales
- Address 2400 Broadway
- Neighborhood Upper West Side
- Borough Manhattan
- Square feet 8,918
- Price $ 21,000,000
- Price per foot $ 2,354.79
- Publication Date 11/01/2013
- Event Date 09/22/2013
- Party 1 Madison Capital
- Party 1 Brokerage JLL
- Party 1 Broker Yoav Oelsner, Glenn Tolchin, Richard Baxter
- Party 2 Samson Management
- Party 2 Brokerage In-house
notes
The retail condo sold for $21 million. The unit is located on the ground floor of the Merrion, a luxury residential condo.
- Event Financing
- Address 444 West 55th Street
- Neighborhood Clinton
- Borough Manhattan
- Publication Date 08/01/2013
- Event Date 06/22/2013
- Party 1 Madison Capital
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Steve Kohn, Dave Karson, Christopher Moyer, Sridhar Vankayala, Tara Hovey
- Party 2 Redwood Trust
notes
A $39 million loan was provided to recapitalize the Cirkers Fine Art Storage and Logistics facility. Storage building.
- Event Retail Leasing
- Address 100 Broadway
- Neighborhood Financial District
- Borough Manhattan
- Square feet 9,509
- Publication Date 04/01/2013
- Event Date 02/20/2013
- Party 1 Madison Capital
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Gene Spiegelman, Michael O'Neil
- Party 2 TD Ameritrade
- Party 2 Brokerage CBRE
- Party 2 Broker Annette Healey
notes
The financial services company signed a retail lease.
- Event Sales
- Address 123 East 86th Street
- Neighborhood Upper East Side
- Borough Manhattan
- Price $ 80,550,000
- Publication Date 03/01/2013
- Event Date 01/20/2013
- Party 1 FGP West Street
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Kenneth Zakin, Randall Liberman, Hymie Dweck
- Party 2 Madison Capital
notes
The package of five Citibank retail bank branches sold for $80.55 million. The properties are located at 123 East 86th Street and 2261 Madison Avenue in Manhattan, 181 Montague Street in Brooklyn, 107-01 71st Avenue in Queens and 1800 Williamsbridge rd in the Bronx.
- Event Sales
- Address NYC retail portfolio
- Neighborhood Midtown
- Borough Manhattan
- Price $ 80,550,000
- Publication Date 03/01/2013
- Event Date 01/15/2013
- Party 1 FGP West Street
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Kenneth Zakin, Randall Liberman, Hymie Dweck
- Party 2 Madison Capital
- Event Retail Leasing
- Address 100 Broadway
- Neighborhood Financial District
- Borough Manhattan
- Square feet 1,888
- Publication Date 04/01/2012
- Event Date 02/21/2012
- Party 1 Madison Capital
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Louis Eisinger
- Party 2 Duane Reade
- Party 2 Brokerage Winick Realty Group
- Party 2 Broker Louis Eisinger
notes
The drugstore signed a lease.
- Event Sales
- Building Name Manhattan House
- Address 200 East 66th Street
- Neighborhood Lenox Hill
- Borough Manhattan
- Square feet 102,842
- Price $ 86,000,000
- Price per foot $ 836.23
- Publication Date 11/01/2008
- Event Date 09/22/2008
- Party 1 O'Connor Capital Partners
- Party 1 Brokerage Eastdil Secured
- Party 2 Madison Capital
notes
The commercial portion of the property sold for $86 million. The purchase includes seven ground-level stores, four professional office spaces and a parking garage. Manhattan House is undergoing a $1.1 billion conversion to condos.
- Event Sales
- Building Name 55 and 61 Delancey Street
- Address 61 Delancey Street
- Neighborhood Lower East Side
- Borough Manhattan
- Price $ 19,600,000
- Publication Date 06/01/2008
- Event Date 04/22/2008
- Party 1 55 Delancey Street Realty
- Party 2 Madison Capital affiliate
notes
The two properties sold for $19.6 million. The buildings contain 45 rental apartments and seven commercial units.
- Event Retail Leasing
- Address 1657 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 17,300
- Publication Date 03/01/2008
- Event Date 01/21/2008
- Party 1 Madison Capital
- Party 1 Brokerage RKF
- Party 1 Broker Ariel Schuster, Brett Weinblatt
- Party 2 Duane Reade
- Party 2 Brokerage Winick Realty Group
- Party 2 Broker Jeff Winick
notes
The drugstore signed a lease for ground-floor and basement space.
- Event Retail Leasing
- Address 1657 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 2,100
- Publication Date 03/01/2008
- Event Date 01/21/2008
- Party 1 Madison Capital
- Party 1 Brokerage RKF
- Party 1 Broker Ariel Schuster, Brett Weinblatt
- Party 2 Paramount Electronics
- Party 2 Brokerage RKF
- Party 2 Broker Ariel Schuster
notes
The electronics retailer signed a lease for ground-floor space.
Manhattan, 10012
Madison Capital, MC 19 E. HOUSTON LLC C/O MAD CAP
Madison Capital, MC 19 E. HOUSTON LLC C/O MAD CAP
606 Broadway is a 30,799 square foot property in the Soho neighborhood of...
Manhattan, 10128
Oaktree Capital Management, 47 EAST 91ST STREET LLC
Oaktree Capital Management, 47 EAST 91ST STREET LLC
1275 Madison Avenue is a 6,745-square-foot retail space on Manhattans Upper East Side,...
Brooklyn, 11201
MONTAGUE PIERREPONT OWNER LLC
MONTAGUE PIERREPONT OWNER LLC
181 Montague Street is a 31,000-square-foot greek revival bank building in Brooklyn Heights,...
Manhattan, 10012
MADISON CAPITAL, MC 19 E. HOUSTON LLC C/O MAD CAP
MADISON CAPITAL, MC 19 E. HOUSTON LLC C/O MAD CAP
This property is a new development. The developer(s) filed plans in September of...
Manhattan, 10011
MARK TWAIN OWNERS COR
MARK TWAIN OWNERS COR
475 Sixth Avenue is a retail property in the Greenwich Village neighborhood of...
Manhattan, 10023
Zeckendorf Company, COPLEY CONDO - B.H.S.
Zeckendorf Company, COPLEY CONDO - B.H.S.
2008 Broadway is a retail property in Manhattan’s Upper West Side. Madison Capital...
Manhattan, 10023
Ansonia Associates Aka Albert Schussler, Stanley Stahl And Jesse And Herbert Krasnow, TBB LLC
Ansonia Associates Aka Albert Schussler, Stanley Stahl And Jesse And Herbert Krasnow, TBB LLC
2101 Broadway is a New York retail space and part of the historic...
Manhattan, 10022
655 FIFTH III LLC
655 FIFTH III LLC
The nine-story 1924 building between 52nd and 53rd streets offers 47,764 square feet...
...companies have their roots in affordable housing,” said Madison Capital’s Michael Stoler, host of the CUNY TV show “The Stoler Report,” a weekly...
...office building at 100 Broadway from Meadow Partners and Madison Capital. Also this summer, California-based private equity firm CIM Group acquired 335,000-square-foot 5 Hanover Square from...
Manhattan, 10012
Madison Capital, MC 19 E. HOUSTON LLC C/O MAD CAP
Madison Capital, MC 19 E. HOUSTON LLC C/O MAD CAP
606 Broadway is a 30,799 square foot property in the Soho neighborhood of...
Manhattan, 10012
MADISON CAPITAL, MC 19 E. HOUSTON LLC C/O MAD CAP
MADISON CAPITAL, MC 19 E. HOUSTON LLC C/O MAD CAP
This property is a new development. The developer(s) filed plans in September of...
