Virtual Tour- 183 Madison Avenue Penthouse – Column Free, Useable Terrace – Hottest Neighborhood in NYC

May 29, 2012

Lance Leighton

Co-Founder – HedgeFundSpaces.com
Senior Managing Director, Savills
New York State Licensed Real Estate Salesperson

Call 212-326-8668

Link: Virtual Tour- 183 Madison Avenue Penthouse – Column Free, Useable Terrace – Hottest Neighborhood in NYC

Lately, more and more of my clients have been inquiring about Midtown South office space.  Midtown South is in the midst of a boom.  There is a plethora of technology and creative firms taking space, making it one of the tightest submarkets in the city.  However, besides creative users, many hedge funds and boutique financial services firms are beginning to look for unconventional, hip, cool and lofty office space.  Midtown South landlords are pouring capital into their buildings in an effort to capture some of the nouveau riche.  183 Madison is one of these buildings.

I recently moved a hedge fund into 183.  My client was thoroughly impressed by the location of the asset and the standard finishes of the space.  The typical spaces feature large windows, exposed ceilings and excellent light and views.  The penthouse is no exception.

The penthouse is perhaps the best kept secret in the city.  It features panoramic views of the NYC Skyline and a wraparound useable terrace.  The penthouse also offers the unique opportunity to convert the rooftop into useable entertaining space.  With a column free floorplate and an abundance of natural light, this is perhaps the best trading space on the market.  Asking rents are $75.00 and the landlord will build-to-suit an incoming tenant’s needs.

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