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New York & Tri-State  + Downtown New York  + Office  |  August 29, 2021
Paul Bubny
By: Paul Bubny

Multifamily Investment Manager Moves to Rudin Tower

JLL has completed a 6,306-square-foot lease for Limekiln Real Estate Investment Management, LP, for the partial 41st floor at 41 Madison Ave. in Manhattan. The tenant, an alternative investment manager focused on multifamily, is relocating from 386 Park Ave. South. 

Located on Madison Square Park, 41 Madison is a home to leading firms in finance, communications, and talent as well as the New York Merchandise Mart, the city’s premier tabletop destination and a global center for the tabletop industry. 

Vice chairman Alexander Chudnoff and associate VP Kristen Morgan with JLL represented Limekiln Real Estate. Property owner Rudin Management Company was represented in-house by VP Robert Steinman. 

“41 Madison offers extraordinary views with direct access to the city’s most dynamic neighborhoods, featuring abundant amenities including restaurants, shops and entertainment,” said Morgan. “The space provides significant flexibility, superior access to mass transit and an environment ideally suited to attracting and retaining talent.” 

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Inside The Story

JLL’s Morgan

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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