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NEW YORK CITY—Medallion Financial Corp. has extended its 18,650 square-foot lease at 437 Madison Ave. The specialty finance company servicing the taxicab, recreational vehicle and home improvement has signed a 10-year lease renewal for the entire 38th floor at the 40-story, 850,000-square-foot office building owned by the William Kaufman Organization. The company has been a tenant at the building since 1997. Michael Lenchner, VP and director of leasing at Sage Realty Corp., the leasing and management division of WKO, represented the building’s ownership in-house in the long-term transaction, while Paul Davidson and William Mendelson of Newmark Grubb Knight Frank represented the tenant. Asking rents in the building are from $80 to $110 per rentable square foot.

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