News: Brokerage

Hermès sign lease at 550 Madison Ave.

New York, NY According to The Olayan Group, French luxury design house Hermès has signed a 71,757 s/f office lease across the entire 23, 24 and 25th floors at the newly revitalized 550 Madison Ave. The Midtown location will serve as the brand’s U.S. headquarters.

Under the ownership of Olayan Group, 550 Madison has been designated as New York’s youngest landmark and has undergone an intensive revitalization. 550 Madison is the only building in New York targeting both LEED Platinum and WELL Gold certifications, making it one of the most efficient and healthiest buildings in New York City.

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