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520 Madison Avenue

520 Madison Avenue
New York, NY 10022
Office, Leasing/Rental

520 Madison Avenue is a 1,047,066-square-foot, 577-foot-tall skyscraper in Midtown Manhattan, used primarily as commercial office space. It was designed by Swanke Hayden Connell architects and was completed in 1982. The design makes use of a polished red granite skin on the facade. The building is LEED Silver certified for sustainability and energy efficiency.

Financial services firm Jefferies & Company occupies 473,079-square feet at 520 Madison Avenue, nearly half the building. Other notable tenants are Carlyle Investment Management, which takes 117,000 square feet of space, and Davidson Kempner Capital Management, which occupies over 70,000-square-feet. The building is owned by Tishman Speyer.

  • Address 520 Madison Avenue
  • neighborhood Plaza District
  • borough Manhattan
  • owner Tishman Speyer
  • owner entity 520 MADISON OWNERS, L
  • sales/marketing Tishman Speyer
  • floors 43
  • Year Built 1982
  • square feet 916,586
  • block and lot 1-01289-0014
  • BIN 1035727
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 16,167
notes
The tenant inked a 10-year lease for the Plaza District space.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
  • Publication Date 04/01/2017
  • Event Date 02/15/2017
  • Party 1 Jefferies
  • Party 2 Citadel
notes
The hedge fund signed a short-term sublease, until it can move into its new office in 2019.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 450,000
  • Publication Date 03/01/2013
  • Event Date 01/20/2013
  • Party 1 Tishman Speyer
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Dale Schlather
  • Party 2 Jefferies
notes
The investment bank signed a 15-year lease renewal for floors two through 13 and 16 through 20, Crain's reported. The tenant will pay an average rent of $90 per square foot for its space on the lower floors of the building. The company will pay an average of $103 per square foot for the upper floors until its current lease expires in 2022, after which the new terms of the tenant's lease extension will take effect.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 23,411
notes
The global alternative asset manager signed an expansion lease. The tenant will now occupy a total of about 123,000 square feet on floors 38 to 43.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 23,411
  • Publication Date 09/01/2009
  • Event Date 07/23/2009
  • Party 1 Tishman Speyer
  • Party 1 Brokerage In-house
  • Party 2 Hiscox
  • Party 2 Brokerage George Comfort & Sons
  • Party 2 Broker Laurence Briody, CBRE, Giorgio Versea
notes
The British indemnity firm inked a new lease for the 32nd floor.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 22,400
  • Publication Date 03/01/2007
  • Event 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.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 125,000
  • Publication Date 07/01/2006
  • Event Date 05/22/2006
  • Party 1 Tishman Speyer
  • Party 2 Jeffries & Company
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Dale Schlather
notes
The investment bank signed an expansion in the building, bringing its total leased space there to 375,000 square feet. Jeffries previously occupied eight floors totaling 250,000 square feet.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 67,167
notes
Long Island company signs lease with 22,400-square-foot option, will move 120 employees from Islandia in February.
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 2,000
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 22,900
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Tishman Speyer
  • Party 2 Wilmington Trust
  • Party 2 Brokerage CBRE
notes
Bank doubles its space
  • Event Office Leasing
  • Address 520 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 25,000
  • Publication Date 01/01/2004
  • Event Date 11/22/2003
  • Party 1 Wilmer Cutler & Pickering
  • Party 1 Brokerage Savills Studley
  • Party 1 Broker Ken Ruderman
  • Party 2 Carlyle Group
  • Party 2 Brokerage Newmark Grubb Knight Frank
notes
Private equity firm expanding current 23,000 sf

02/01/2013
Elsewhere in Manhattan, financial firm Jefferies & Company inked a large renewal lease for 450,000 square feet at 520 Madison Avenue in the Plaza District...

01/01/2013
SL Green noted that Jefferies & Company, a global financial services firm, is close to inking a 450,000-square-foot renewal deal at 520 Madison Avenue, where it is currently located...

05/01/2012
Meanwhile, the Carlyle Group, the global asset management group, signed the fifth-priciest lease in 2012’s first quarter, according to the JLL survey. The company took 23,411 square feet at 520 Madison Avenue, with a rent starting at $122 per square foot...