Snow Phipps Leases 10,000 SF Office Space At 545 Madison Avenue In Midtown Manhattan

545 Madison Avenue, located in Midtown, has recently been leased by Snow Phipps. The seven-year lease agreement was facilitated by Evan Margolin of Savills, Tara Stacom, Harry Blair, Peter Trivelas, and Remy Liebersohn of Cushman & Wakefield, representing the tenant. The landlord in this transaction is Marx Realty.

Summary of transaction details

• Property Type: Office
• Asking Rent: $89/ft.
• SF: 10,000

The lease for 545 Madison Avenue marks an important milestone for Snow Phipps, as they secure a prime office space in Midtown. With a total area of 10,000 square feet and an asking rent of $89 per square foot, this lease agreement will span over the next seven years. Evan Margolin from Savills, alongside Tara Stacom, Harry Blair, Peter Trivelas, and Remy Liebersohn from Cushman & Wakefield, represented Snow Phipps as their broker representatives, while Marx Realty acted as the landlord in this transaction.