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The Sapir Organization Announces the Signing of 35,091 Square Foot Lease with HQ Global Workplaces at 260 Madison Avenue
According to Alex Sapir, "The lease confirms a solid commitment to 260 Madison and the strength of this building within the Midtown market. It also reinforces our ability to attract prime tenants through The Sapir Organization's commitment to provide extraordinary building amenities." Alex Sapir added, "We are pleased that HQ Global Workplaces chose to sign their lease at 260 Madison Avenue and we look forward to many years of a continued relationship with them."
The Sapir Organization takes pride in making significant investments in its properties in order to position the company as one of the premier luxury real estate brands in the world. Amenities at the 260 Madison Avenue include 24/7 building access and security, access control, a messenger center, a full cleaning service, an on site building management staff, a loading dock and parking garage.
HQ Global Workplaces joins a solid tenant roster which includes American Kennel Club, Reader's Digest, Sara Lee, Met-Life, AFTRA and McLaughlin & Stern LLP and retail tenants such as Chase and Bon Jour Café. Tenants have quick access to ground level retailers both in the building and across the street to provide them with such necessities as restaurants, banking and shipping.
HQ Global Workplaces is an international network of ready-to-use offices and meeting rooms. It provides businesses with office space and meeting rooms in over 60 countries. Companies have found that reserving an office or meeting room from HQ Global Workplaces is convenient and affordable.
"The company was attracted to 260 Madison not only for the premier amenities and accessible location and was also pleased to be associated with The Sapir Organization which has a stellar reputation for building ownership and management." said Richard Rosenhaus, President of Rosenhaus Real Estate LLC, who represented HQ Global Workplaces in the transaction.
About The Sapir Organization The Sapir Organization is a privately held, New York-based real estate holding and development firm with over 7 million square feet of prime Manhattan commercial office space. Founded by Chairman Tamir Sapir, the company is embarking on ambitious new residential and multi-use projects under the leadership of its President Alex Sapir... The Sapir Organization owns significant architectural landmarks throughout Manhattan including 11 Madison Avenue and the Duke Semans Mansion, as well as 2 Broadway, 260 Madison Avenue, 261 Madison Avenue, 384 Fifth Avenue, 100 Church Street, and two residential buildings, 50 Murray Street and 53 Park Place. Additionally, the company is expanding its reach with SDS Investments, an investment and development company that funds a wide range of real estate projects. Sapir is at the forefront of the revitalization of downtown Manhattan and currently has projects in the U.S. and Mexico in excess of $1.5 billion.
