Robert L. Freedman, president and CEO, Leon Manoff, executive managing director, and Marvin Rosenberg, managing director of GVA Williams represented the tenants in both transactions. Rudin Management Co. represented itself.
Scientific American has called 415 Madison home for the past 50 years. The magazine, which occupies nearly two and a half floors, inked a 10-year renewal. Space in the site is advertised at $44 per sf.
Bedford has two full floors and a portion of the basement at 41 Madison. The company, which has been a tenant in the building since 1982, has signed on for another 10 years. Space in the site is advertised at $38 per sf. "Madison Avenue continues to be an ideal location for high-profile publishing companies," Freedman says.
Holtzbrinck Publishers is the US operations of the German publishing company, Verlagsgruppe Georg von Holtzbrinck Gmbh. It includes book companies such as St. Martin's Press, Tor, Henry Holt, Picador and Farrar, Straus & Giroux.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
