Niobrara Capital, a private equity firm focused on investing in technology and technology-enabled services businesses, has signed an 11,000-square-foot lease for the entire ninth floor at Marx Realty’s 545 Madison, located in Midtown Manhattan’s Plaza District. The property is also known as the Baccarat Building following Marx Realty’s office co-branding partnership with lifestyle house Baccarat.
“The continued leasing momentum at 545 Madison speaks to the power of pairing this exceptional Plaza District address with a truly differentiated hospitality-infused experience,” said Craig Deitelzweig, president and CEO of Marx Realty. “The building’s warm, club-like sensibility, refined design and unmistakable Baccarat touches continue to resonate with premier firms looking for a workplace that feels elevated, elegant and distinctive.”
A Newmark team led by CJ Heitner and John Cilmi represented Niobrara Capital. Marx Realty was represented by Tara Stacom, Peter Trivelas, Harry Blair, and Remy Leibersohn of Cushman & Wakefield.
The post Private Equity Firm Signs Full-Floor Lease at Marx Realty’s 545 Madison appeared first on Connect CRE.
