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New York & Tri-State  + Midtown New York  + Office  | 

Axis Insurance Leases 40K SF with Minskoff Equities in Midtown

Axis Insurance has leased 40,240 square feet of office space at 1166 Ave. of the Americas, a 44-story tower occupying the entire block front of Ave. of the Americas between 45th and 46th streets in Midtown. The insurer will relocate from 1211 Ave. of the Americas in the fourth quarter. 

Built in 1975, 1166 Ave. of the Americas encompasses 1.6 million square feet of Class A office space. Edward J. Minskoff Equities (EJME) owns condominium interests comprising floors 2 through 21.  

JLL vice chairman Paul N. Glickman, SVP Diana L. Biasotti, vice chairman Cynthia Wasserberger and executive managing director Christine Colley represented EJME in the 10-year lease. Axis Insurance was represented by CBRE’s Michael Monaghan, Mark Ravesloot and Michael Poch. 

“EJME’s ongoing investment in 1166 Ave. of the Americas and its commitment to the tenant experience has positioned the property as one of Midtown’s premier office destinations,” said Glickman. 


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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 13-plus years’ experience covering the commercial real estate industry and 30-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 15-20 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 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).