Collected Strategies Leases 10000 Square Feet At 60 Madison Avenue From The Moinian Group
60 Madison Avenue
Building Size
10,000 SF
Asset Type
Office
Closing
Aug 8, 2025
AI
The property asset involved in this transaction is an office space located at 60 Madison Avenue in Midtown South, encompassing a total of 10,000 square feet. The leasing transaction was facilitated by The Moinian Group, represented by CBRE, to the tenant, Collected Strategies.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 60 Madison Avenue
- Market: Midtown South
- Square Footage: 10,000
- Landlord: Joseph Moinian - The Moinian Group
- Tenant: Scott Bisang, Jim Golden, Jude Gorman, Ed Hammond, Nick Lamplough & Dan Moore - Collected Strategies
- Brokers: Gregg Rothkin, Jared London, Hayden Pascal, Taylor Walker & Keegan Schenk - CBRE
This deal highlights the participation of key individuals, including Joseph Moinian of The Moinian Group as the landlord and Scott Bisang, Jim Golden, Jude Gorman, Ed Hammond, Nick Lamplough, and Dan Moore from Collected Strategies as tenants. The representation for Moinian was handled by brokers from CBRE, ensuring a smooth leasing process for the relocation of Collected Strategies from their previous address at 121 E. 24th St.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93