X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-The American Israel Public Affairs Committee, which is America’s Pro-Israel lobby, signed a 10-year lease for 15,063 sf on the entire 11th floor at 477 Madison Ave.

“Built space in good condition in the 10,000- to 20,000-sf range continues to be a rare and valuable commodity in this market,” points out David Hoffman, executive managing director, Colliers ABR. The floor was recently vacated by a law firm. Terms of the lease were not available, but space in the site is advertised in the upper $40s per sf. Other tenants in the 262,000-sf site include Beveridge & Diamond, Constantine Partners and Halcyon Partnership.

Hoffman, Stephen J. Riker, vice chairman, and Wendy Miller, managing director, all of Colliers ABR, represented JAB Madison Associates, the building owner. Norman Bobrow of Norman Bobrow & Co. represented AIPAC. Shira Nadich Levin Esq. from Kronish Lieb Weiner & Hellman LLP served as the owner’s counsel.

AIPAC was formed in the 1950s. It has more than 100,000 members throughout the 50 states.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.