Starr, a global investment and insurance organization has signed a 275,000-square-foot, 20-year lease at  BXP’s 343 Madison Ave., a 930,000-square-foot office tower currently under construction. The lease spans floors 16 through 27 in their entirety and the new location will serve as Starr’s New York headquarters in a move from 399 Park Ave. 

“Starr’s commitment to 343 Madison underscores the strength of this location and the enduring demand for high-performance workplaces in Midtown,” said Hilary Spann, EXP, New York Region for BXP. “BXP is honored to continue to serve as home to Starr’s New York headquarters, and together we’re creating a next-generation environment that will elevate how people work, connect, and thrive in New York City.” 

Delivery of 343 Madison is expected for late 2029. Starr was represented by John Picco, Peter Van Duyne, and Alex Lachmund from Cushman & Wakefield in the transaction. BXP was represented by Peter Turchin, John Maher, Evan Haskell and Caroline Merck from CBRE. Legal counsel was provided to Starr by Skadden, Arps, Slate,  Meagher and Flom LLP and to BXP by Fried, Frank, Harris, Shriver & Jacobson LLP.