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RFR Signs 477 Madison Tenants Post-Acquisition
RFR signed two new financial firm leases totaling 20,739 square feet at 477 Madison Ave., shortly after acquiring the 325,000-square-foot office property.
Atlas Merchant Capital, which invests in market opportunities in the financial services sector, signed a 12,234-square-foot lease for the top two full floors. Additionally, Atlantic Street Capital will open its first New York office by taking 8,405 square feet on the 11th floor of the tower.
“Since taking ownership and revealing our repositioning story, we have received strong interest in our availabilities,” said AJ Camhi, SVP at RFR, who is overseeing the in-house leasing team. “Prototypes of the new windows, railings and landscaping and new façade color are already on-site for viewing.”
RFR has launched a reinvention of the building, featuring a full façade facelift and new large windows, new retail storefronts, enhanced landscaped terraces with glass balcony railings, and new efficient mechanical systems.
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