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New York & Tri-State  + Midtown New York  + Office  | 

William Kaufman Inks Quartet of Leases at 437 Madison

The William Kaufman Organization recently arranged a new lease, two expansions and a renewal at 437 Madison Ave. In the largest of the transactions, financial company ACT Commodities is expanding and extending its office space by more than 8,000 square feet to 12,945 square feet.

Private equity firm Landmark Partners will relocate from 681 Fifth Ave. into 7,779 square feet at 437 Madison. Cybersecurity firm Darktrace will expand from 3,803 square feet to 9,710, and another PE firm, Kenner & Company, is renewing its 5,369-square-foot space.

“Midtown East is continuing to show strength in 2018,” said Sage Realty’s Michael Lenchner, who represented building ownership for all four transactions, along with a JLL team of Frank Doyle, Cynthia Wasserberger, David Kleiner, Harlan Webster and Hayley Shoener. Byrnam Wood’s Gordon Ogden and Nick Gilman advised Landmark; Savills Studley’s L. Craig Lemle and Nick Zarnin represented ACT; and CBRE’s Joe Fabrizi represented Darktrace.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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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