SharkNinja establish first New York office at Rudin's 41 Madison

Manhattan, NY Rudin has secured a new, long-term lease with global product design and technology company SharkNinja, which will establish its first New York office at 41 Madison Avenue, Rudin’s renovated office tower.

Founded in 1994, the Needham, MA-based company is a global leader in indoor and outdoor household products, transforming how people cook, clean, and live in homes around the world. As the innovation powerhouse behind two multi-billion-dollar brands‌ — ‌Shark and Ninja‌ — ‌SharkNinja is renowned for its diversified portfolio of cutting-edge products, including Shark vacuum cleaners and beauty tools, as well as Ninja kitchen appliances, such as blenders, air fryers, and ice cream makers. As part of the 10-year deal, SharkNinja will occupy 14,296 s/f across an entire floor by the end of the second quarter of 2025.

This deal continues the steady drumbeat of leases at the recently renovated Flatiron tower. In November, Rudin announced a long-term headquarters transaction for 25,268 s/f with construction management firm Urban Atelier Group. In June, law firm Clarick Gueron Reisbaum, LLP relocated to the building and Polar Asset Management Partners, Inc. nearly doubled its footprint.

“The strong leasing momentum at 41 Madison is further evidence that best-in-class spaces and ownership are the keys to success in the modern workplace,” said Michael Rudin, Co-CEO of Rudin. “We’re thrilled to welcome SharkNinja, an internationally recognized innovator and household name, to the neighborhood – a testament to our enduring focus on portfolio excellence and strategic investment.”

Empire State Development president, CEO and commissioner Hope Knight said, "SharkNinja's decision to establish a creative hub in New York City highlights the unique advantages our state offers to innovative companies. Through ESD’s Excelsior Jobs Program, we are supporting the creation of jobs while strengthening New York's position as a premier destination for design and technology companies. This project demonstrates how strategic investments can attract industry leaders to New York State, driving economic growth and innovation while capitalizing on our world-class talent pool."

Robert Steinman, senior vice president of Rudin, represented building ownership in the transaction. SharkNinja was represented by Steven Jacobson of Hopkinson Associates.

Designed by Emery Roth & Sons and opened in 1974, Rudin recently completed a transformation of the 42-story, 560,000 s/f modern glass and steel tower overlooking Madison Square Park. The large-scale renovation included enhancements to 41 Madison’s lobby designed by Skidmore, Owings & Merrill, as well as a lounge, and an event and conference space. The lobby features marble flooring, pearlescent glass wall panels and a ceiling lit by energy-efficient LEDs, which complement the original Travertine wall panels that remain on the elevator cores. The building also now features an elegant glass entrance, a new reception area and redesigned elevator cabs.