Distyl AI Leases 30,076 SF Office Space At 135 Madison Avenue In NoMad Manhattan

The property involved in this transaction is located at 135 Madison Avenue, situated in the Nomad market of Manhattan. This office asset has a total square footage of 30,076 SF following the expansion by the tenant. Distyl AI has leased the entire ninth floor, adding 15,038 SF to their existing space at an asking rent of $55 per square foot, with the lease extending through January 2028.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $55/SF
• Address: 135 Madison Avenue
• Landlord: Rosen Family
• Tenant: Distyl AI
• Landlord's Rep: Max Koeppell - Koeppell Rosen
• Tenant's Rep: Justin Pollner & Steven Rotter - Newmark

This lease marks a significant step for Distyl AI, reflecting their commitment to expand operations in the NoMad area. The transaction was facilitated by broker representatives; Max Koeppell represented the landlord, while Justin Pollner and Steven Rotter represented the tenant during the negotiation process.