Thursday, November 5, 2015

HFF represents Nightingale Properties, LLC in the leasehold capitalization of 645 Madison in Manhattan’s Plaza District


Richard Reid
NEW YORK, NY –  Holliday Fenoglio Fowler, L.P. (HFF) announced it has represented Nightingale Properties, LLC (Nightingale) in the capitalization of a leasehold position of 645 Madison, a 22-story, 157,027-square-foot, Class A trophy office and retail tower in Manhattan’s Plaza District.

HFF arranged the capitalization on behalf of Nightingale and Friedland Properties.

645 Madison is located just one block from Central Park on the southeast corner of East 60th and Madison Avenue in the heart of Manhattan’s Plaza District.  Originally constructed in 1971, the property was fully renovated in 2007 and is primarily leased to financial services tenants. 

The property also contains approximately 36,170 square feet of prime retail, which is available for immediate occupancy, enabling ownership to take advantage of one of the most desired retail corridors in the world, with neighbors such as Apple, Barney’s, Bottega Veneta, Brioni, Chanel, Hermes, Montcler and Ralph Lauren.

The HFF team representing Nightingale was led by managing director Rob Rizzi along with senior managing directors Eric Anton, Andrew Scandalios and Richard Reid and director David Fowler.

“We are excited to have arranged this venture between Nightingale and Friedland and are confident they will transform the asset into a best-in-class office and retail property worthy of this famed corridor,” said Rizzi.

“Both parties worked incredibly quickly to get through diligence and consummate a landmark transaction,” added Anton.

  For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


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