Reported Oct 5, 2026 · Source: Bisnow
625 Madison Ave is an office lease in Midtown (Sixth Ave / Park / Madison / Grand Central), New York. Other details we have: tenant Castle Hook Partners (hedge fund, moving from 767 Fifth Ave); landlord Related Cos.; price $375/SF reported (NYC record); 15-year term; size Two floors (size not stated in source). Bisnow reports: “Castle Hook Partners breaks the record for priciest office lease with a $375-per-SF deal at Related Cos.' planned 625 Madison Ave.” Bisnow reports: “Castle Hook Partners agreed to pay $375 per SF for the two-story penthouse atop Related Cos.' upcoming trophy office tower at 625 Madison Ave., according to JLL.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at Bisnow. What the article says:
Castle Hook Partners breaks the record for priciest office lease with a $375-per-SF deal at Related Cos.' planned 625 Madison Ave.
Castle Hook Partners agreed to pay $375 per SF for the two-story penthouse atop Related Cos.' upcoming trophy office tower at 625 Madison Ave., according to JLL.
Article date: 2026-10-05T21:23:21-04:00
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