RFR has signed two new financial firm leases totaling 20,739 s/f at 477 Madison Avenue, just 60 days after acquiring the property and launching a comprehensive capital improvement program.
Atlas Merchant Capital and Atlantic Street Capital signed leases at the 24-story office building overlooking St Patrick’s Cathedral.
Atlas Merchant Capital signed a 12,334 s/f lease for the top two full floors. Atlantic Street Capital will open its first New York office with 8,405 s/f on the 11th floor of the tower.
“Since taking ownership and revealing our repositioning story we have received strong interest in our availabilities,” said AJ Camhi, senior vice president at RFR, who is overseeing the in-house leasing team. “Prototypes of the new windows, railings and landscaping and new façade color are already on-site for viewing.”