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Apollo Global Management Secures 100000 Square Feet Lease At 590 Madison Avenue In Midtown Manhattan

Property Image
LEASED
Liz Lash
Brett Shannon
+ 9

New York

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Office100,000 SF
Leased
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Property Image
LEASED

Apollo Global Management Secures 100000 Square Feet Lease At 590 Madison Avenue In Midtown Manhattan

590 Madison Avenue

See Similar Deals
Office100,000 SF
Leased
Liz Lash
Brett Shannon
+ 9
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:100000 SF
Transaction Type:Lease

The property at 590 Madison Avenue is an office asset located in the Midtown Manhattan market, encompassing a total of 100,000 square feet across four floors. The deal involved the State Teachers Retirement System of Ohio (STRS Ohio) as the landlord and the tenant, Apollo Global Management, represented by Marc Rowan.

Summary of transaction details:

Apollo Global Management has signed a lease that consolidates part of its NYC office footprint, bringing it closer to its headquarters located at 9 West 57th Street. The transaction was facilitated by representatives from both the landlord and tenant sides, highlighting the collaborative efforts in securing this space within a prominent location in Manhattan.

Players

Stephen Siegel
9 deals$85M volume
BROKER

Michael Geoghegan
CBRE
6 deals
BROKER

Brett Shannon
CBRE
11 deals
BROKER




James Ackerson
CBRE
8 deals
BROKER





State Teachers Retirement System of Ohio
LANDLORD

Marc Rowan
Apollo Global
20 deals$1.6B volume
TENANT

Details

LEASED
IMAGE: Evan Haskell, James Ackerson, Brett Shannon, Liz Lash, Marc Rowan, Jeffrey Sussman, Edward Minskoff, Matthew Pynn, Sinclair Li, Michael Geoghegan, Stephen Siegel, Michael Wellen & Ryan Luck DATE: 04/14/2025 ADDRESS: 590 Madison Avenue MARKET: Midtown Manhattan ASSET TYPE: Office ~ SF: 100,000 LANDLORD: State Teachers Retirement System of Ohio (STRS Ohio) TENANT: Marc Rowan - Apollo Global Management LANDLORD'S REP: Evan Haskell, James Ackerson, Brett Shannon, Liz Lash & Sinclair Li - CBRE (@CBRE); Jeffrey Sussman & Matthew Pynn - Edward J. Minskoff Equities TENANT'S REP: Stephen Siegel, Michael Geoghegan, Michael Wellen & Ryan Luck - CBRE NOTE: Apollo Global Management has signed a lease for 100,000 square feet across four floors at 590 Madison Avenue, consolidating part of its NYC office footprint closer to its 9 West 57th Street HQ. Equities

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Deal Type
Effective Rent (Annual)

$5,731,939.66

Total Lease Value

$57,319,396.56

Net Landlord Cash Flow$5,731,939.66