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Midtown Manhattan Tower Reaches Full Occupancy After Rate Almost Fell to 40%

Leasing Activity Proves ‘Flight to Quality Is Very Real,’ Landlord Says
545 Madison Ave.’s overhaul includes a redesigned lobby with a uniformed doorman attending the entry doors to evoke the feel of a hotel. (Marx Realty)
545 Madison Ave.’s overhaul includes a redesigned lobby with a uniformed doorman attending the entry doors to evoke the feel of a hotel. (Marx Realty)
CoStar News
August 10, 2022 | 9:20 P.M.

A 17-story midtown Manhattan office tower has reached full occupancy, two and a half years after it was in danger of losing tenants and having the rate fall to nearly 40%.

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