Madison Mortgage Services Relocates Office To 900 Stewart Avenue In Garden City With Flagstar Bank

The property asset involved in the transaction is a 16,414-square-foot office space located at 900 Stewart Avenue in Garden City. The lease type for this transaction is a sublease. The landlord of the property is Flagstar Bank, and the tenant, Madison Mortgage Services, is relocating from Lake Success to this new location.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 900 Stewart Avenue
• Market: Garden City
• Landlord: Flagstar Bank
• Tenant: Madison Mortgage Services
• Brokers: Daniel Oliver & Scott Berfas - Newmark; Philip D’Avanzo - Cushman & Wakefield
• Lease Type: Sublease

The transaction involves key individuals including brokers Daniel Oliver and Scott Berfas representing Newmark and Philip D’Avanzo representing Cushman & Wakefield. Madison Mortgage Services is making this move as they assess the area's stronger long-term business environment.