Madison Strategic Partners, which manages life insurance assets, has relocated its offices from 41 Madison Avenue to the LEED-EB:OM Silver-hopeful 515 Madison Avenue. The firm’s 3-year lease is for 4600 square feet on the 42-story building’s LEED for Commercial Interiors-certified 13th floor.
As you may recall, Newmark Knight Frank chair Jeffrey Gural owns the neo-classical 515 Madison, which was built in 1931 and originally designed by J.E.R. Carpenter. Gural retained Rosen Johnson Architects in connection with the building’s renovation project, which included an expansion and upgrades to the building’s lobby. The porte-cochere (carriage door) Madison Avenue entrance was redesigned to emphasize the building’s signage by allowing natural light to penetrate its canopy. And the lobby stone for the renovation was sourced from the same quarry as the building’s original marble.
In addition to the overall building’s pending LEED-EB:OM application, Newmark Knight Frank also pursued LEED-CI certification for the 14th floor. Green design features across both the 13th and 14th floors include recycled-content carpets, lighting occupancy sensors, and dual-flush toilets. Additional floors in the tower will likely be renovated to LEED-CI specifications moving forward.
515 Madison is among a group of Plaza District office buildings that are seeking LEED certification, including 510 Madison and 545 Madison, both of which we’ve discussed previously here at gbNYC. Other tenants at 515 Madison include marketing firm Kreab & Gavin Anderson Worldwide, the March of Dimes, and real estate developer Lepol Realty Corp.