Marx Realty Opens Leonard Lounge for 545 Madison Ave. Tenants
Marx Realty, a New York-based owner, developer and manager of office, retail, and multifamily properties across the United States, completed the Leonard Lounge, an indoor/outdoor lounge space on the eighth floor of the recently repositioned 545 Madison.
Named for company founder Leonard Marx, the 7,000-square-foot lounge includes a café, a 2,000-square-foot landscaped terrace and a 40-seat boardroom. The Leonard Lounge completes the $24-million hospitality-infused repositioning at the Plaza District tower in Manhattan.
“Our vision for the Leonard Lounge was always to design something unique and memorable,” said Craig Deitelzweig, president and CEO of Marx Realty. “We’ve created a truly inviting sensory experience that has been key to maintaining and attracting new tenants. It’s the embodiment of our signature hospitality-infused approach across our portfolio.”