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Modal Labs Upsizes to Nearly 160K SF in Move to Rudin’s Tribeca Tower

Modal Labs Inc. relocate its New York City headquarters to Rudin’s 32 Ave. of the Americas in Tribeca. The AI infrastructure platform will occupy 156,763 square feet across three full floors in a seven-year lease and will relocate from 25,000 square feet at 233 Spring St. in mid-2027.

“Throughout its illustrious history, 32 Ave. of the Americas has attracted the world’s most innovative technology companies. Modal’s massive commitment to the tower further builds upon that legacy,” said Michael Rudin, co-CEO of Rudin. “32 Ave. of the America’s state-of-the-art technology infrastructure, combined with our recent capital improvements and neighborhood amenities continue to attract strong interest from that sector and beyond.”

Robert Steinman, SVP of leasing and Craig Panzirer, SVP, head of office leasing, represented Rudin in-house alongside Newmark’s Peter Shimkin, David Falk, Nathan Kropp, Andrew Sachs, Eric Cagner and John Cilmi. Scott Gottlieb, Michael Wellen, Lewis Gottlieb, Elliot Bok and Brad Auerbach of CBRE represented Modal.

Read More News Stories About: Newmark
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 19-plus years’ experience covering the commercial real estate industry and 35-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 11-15 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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