Computer Associates, which is headquarter in Islandia, on Long Island, will occupy three floors at 520 Madison Ave. The firm will be on the 21st, 22nd and 23rd floors of the one-million-sf building located between 53rd and 54th streets.
Jones Lang LaSalle's Kenneth Siegel, managing director, William Korchak, executive vice president, and Cynthia Wasserberger, senior vice president, represented CA. Calvin A. Farley and Ed Gargiulo represented building owner Tishman Speyer Properties in-house. Additional information about the lease was not released. Space at 520 Madison is advertised at $85 per sf. Others on the tenant roster include Jefferies & Co., TC Group and Oracle.
"CA headquarters is in Islandia, NY, and our client remains committed to that location," Siegel explains. "The additional office space in Manhattan will help CA facilitate interaction with a number of major customers, business partners and the investor community."
Computer Associates recently selected JLL to be its exclusive representative to provide real estate transaction services worldwide. The company handles transaction management, portfolio management and lease administration services for CA's real estate portfolio. Founded in 1976, CA and serves customers in more than 140 countries.
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