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New York & Tri-State  + Downtown New York  + Office  | 
41 Madison Avenue Midtown South Manhattan

Henry Luce Foundation Relocates Down Madison Avenue

The Rudin Family completed a 15-year, 13,801 square-foot office lease with The Henry Luce Foundation at 41 Madison Ave. in Midtown South. The nonprofit, which focuses on arts and education, plans to relocate from 51 Madison Ave. to a full floor at 41 Madison in May 2022. 

“The Henry Luce Foundation is an organization that is well-known for promoting education and the arts in communities locally, nationally, and around the world,” said Michael Rudin, EVP at Rudin Management Company, the operating arm of Rudin Family holdings. “We are excited and proud that they have chosen 41 Madison as their new home base as they continue to advance their mission of increasing educational opportunities and international understanding.” 

CBRE’s John Nugent and Liz Lash represented The Henry Luce Foundation in negotiations, while Robert Steinman, SVP at Rudin Management, represented building ownership in-house. 

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Inside The Story

Rudin ManagementCBRE’s Nugent

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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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