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    285 Madison Avenue

    285 Madison Avenue
    New York, NY 10017
    (212) 308-0700
    Website
    Office, Leasing/Rental

    This 26-story, 530,000-square-foot office building is located one block from Grand Central Terminal and Bryant Park in Midtown. Aby Rosen's RFR Holdings, along with Green Oak Real Estate, paid $190 million in 2012 for the former Young & Rubicam tower, located between East 40th and East 41st Street. RFR invested a further $65 million in a gut renovation of the property. It is represented for leasing by a team from CBRE including Stephen Eynon.

    The building was the scene of a horrific elevator crash that killed an office worker in 2011. Still, the accident didn't impede the sale, which beat speculation that it would be priced around $150 million, and Rosen said he's confident that leasing wouldn't be affected, either. RFR considered but ultimately rejected a plan to convert the building into hotel space.

    • Address 285 Madison Avenue
    • neighborhood Midtown
    • borough Manhattan
    • owner RFR Holding
    • owner entity RF 285 MADISON PARTNE
    • sales/marketing RFR Realty, AJ Camhi
    • Year Built 1926
    • square feet 530,000
    • block and lot 1-01275-0023
    • BIN 1035318
    • Event Office Leasing
    • Address 279 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 4,603
    notes
    The tenant inked a lease for the Grand Central space.
    • Event Office Leasing
    • Address 279 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 6,609
    notes
    The tenant inked a lease for the Grand Central location.
    • Event Financing
    • Address 285 Madison Avenue
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 407,127
    • Price $ 275,000,000
    • Publication Date 11/13/2017
    • Event Date 11/09/2017
    • Party 1 RFR Holding
    • Party 2 Natixis Real Estate
    notes
    The real estate firm secured a $275 million loan for the 28-story office tower.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 23,500
    notes
    The financial technology company inked a lease for the penthouse office space.
    • Event Retail Leasing
    • Address 285 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 2,984
    • Publication Date 05/01/2017
    • Event Date 03/17/2017
    • Party 1 RFR Realty
    • Party 1 Brokerage MSC Retail
    • Party 1 Broker Jordan Claffey
    • Party 2 Honeygrow
    • Party 2 Brokerage MSC Retail
    • Party 2 Broker Douglas Green, Casey Pollock
    notes
    Honeygrow, a Philadelphia-based stir fry and salad restaurant, has signed a 10-year lease.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 200,000
    notes
    The fashion apparel retailer signed an office lease.
    • Event Financing
    • Address 285 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 530,000
    • Price $ 200,000,000
    • Publication Date 02/01/2017
    • Event Date 12/18/2016
    • Party 1 RFR Holding
    • Party 2 Aareal Capital Corporation, Goldman Sachs
    notes
    The company secured a $200 million loan for its office building.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 14,732
    notes
    The skin care company will move from 601 West 26th Street.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 43,000
    notes
    The financial services company signed a 16-year lease on the 15th and 16th floors.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 23,000
    notes
    The capital markets investment management firm signed a lease.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 18,242
    notes
    The data management company signed a lease.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 14,875
    notes
    The literary agency that represents Malcolm Gladwell and William Buckley, Jr. signed an 11 year lease.
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 3,553
    • Publication Date 09/01/2015
    • Event Date 07/23/2015
    • Party 1 RFR Holding
    • Party 1 Brokerage RFR Holding
    • Party 1 Broker Jodan Claffey
    • Party 2 Tenant Popular Community Bank
    • Party 2 Brokerage Augenbaum Realty
    • Event Retail Leasing
    • Address 285 Madison Avenue
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 3,553
    • Event Retail Leasing
    • Address 285 Madison Avenue
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 3,500
    • Price per foot $ 450.00
    • Event Office Leasing
    • Address 285 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 18,242
    • Event Retail leasing
    • Address 285 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 1,038
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