340 Madison Avenue
Finance Wonks Fill 340 Madison Avenue
Rubenstein Associates
Amid all the dreadful news about commercial real estate, it’s outright soothing to hear that nuts-and-bolts leases continue to get signed.
Broadway Partners just inked a sizable new lease at its 340 Madison Avenue, the 22-story, squat glass building one block from Grand Central.
The Office of the Comptroller of the Currency –- an arm of the Treasury Department that regulates national banks (and, boy!, could they use some regulation) -- has leased 50,519 square feet in the building, which the OCC has leased in since 2004. The office is expanding its footprint from about 45,000 square feet. The asking rent was $80 a square foot. read more »
