Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
520 Madison Avenue is undeniably one of the most iconic office towers in The Plaza District of New York City. Owned by Tishman Speyer, this red-colored, 43-story, sloping trophy asset is located between 53rd and 54th Streets and was constructed in 1982- making it a relatively newer building by NYC standards. Home to notable tenants including Davidson Kempner, Citadel, Element Capital, and Jefferies, there are rarely small units available in this primarily corporate office tower. However, there is a BRAND NEW, LUXURY, FURNISHED sublease that just hit the market for the partial 21st floor.
Offered for sublease from Alti Global, this modern office space was recently built to an extremely high-standard with all of the bells and whistles that high-end users have come to expect. Floor-to-ceiling office fronts? Check. Café-style pantry? Of course. State-of-the-art furniture and AV? You bet. Currently configured with 2 offices (one executive sized), one boardroom, one smaller breakout room (which can be repurposed as an additional office), and open space for up to ten, this is without a doubt one of the premier opportunities for any hedge fund, private equity firm, investment bank, family office or other boutique financial services user – floorplan here.
Also, there are many commuting options steps away from the building. The nearest subway station is the 5th Avenue & 53 Street Station (with access on Madison Avenue), offering the ‘E’ and ‘M’ services. MetroNorth, NJ Transit and LIRR are available from the Grand Central Terminal and Penn Station, respectively. The term is relatively short, only through May of 2026, making it an ideal option for any firm seeking flexibility with limited CapEx.
Click here to contact us for more information (such as pricing or to arrange a tour). If you are looking for more office spaces, try our free office space search here.
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