335 Madison Avenue New York, NY 10017 (212) 350-2300
MB Real Estate is a real estate management and investment firm that, while based in Chicago, has deep-pocketed New York roots. Thats because in 1998, Manhattan property mogulsand brothersHoward and Edward Milstein bought a controlling stake in MB Real Estate.
The firm predates that stake sale by 16 years, when it launched with its maiden development, Madison Plaza, a 599-foot skyscraper in the Chicago Loop.
In New York, MB Real Estate is best-known as the property manager for 335 Madison Avenue, where it has its headquarters, as well as for 7 Hanover Street, 78 Pearl Street and 48 Water Streetall located in the Financial District. Most of the firms portfolio remains in Chicago.
The energy-drink company signed a lease for its first New York City office, encompassing the seventh and eighth floors as well as the ground floor and lower level. The space will house the tenant's corporate operations as well as the Red Bull Music Academy.
The Vortex Group brokered the five-year lease for the Florida-based law firm's New York headquarters. The deal involved a sublease from Pillsbury Winthrop Shaw and Pittman, which was represented by Studley.