AmTrustRE secures 41,000 s/f lease extension and expansion with Marcus & Millichap at 260 Madison Ave.

Manhattan, NY AmTrustRE executed a 41,000 s/f lease extension and expansion at 260 Madison Ave.with Marcus & Millichap. The lease underscores the property’s value and central location, and reflects confidence in AmTrustRE’s plan to reposition the asset to meet the needs of today’s tenants.

“AmTrustRE remains committed to investing in New York City office assets, recognizing the strategic opportunity to acquire and reposition buildings in core markets like Midtown Manhattan,” said Jonathan Bennett, president of AmTrustRE. “This commitment guided the acquisition and capital investment at 260 Madison Ave., which has already secured the retention of a high-quality tenant like Marcus & Millichap and strong demand from companies seeking a modern workspace.”

260 Madison Ave. is a 22-story, 570,000 s/f office building situated in Midtown, near Grand Central Terminal. Following the acquisition of the property in December 2025, AmTrustRE unveiled plans to transform the building’s exterior, sense of arrival, and lobby, along with introducing a new amenity space on the second floor. 

Renovations of these spaces are expected to be complete in 2027.

Marcus & Millichap, the preeminent commercial real estate investment brokerage and capital markets services firm in North America, added over 5,000 square feet to its existing office footprint, now occupying the full 9th floor and a portion of the 10th floor at 260 Madison Ave.

260 Madison Ave. is AmTrustRE’s second major acquisition in the Grand Central neighborhood of Midtown following the purchase of 360 Lexington Ave. in late 2024. AmTrustRE’s portfolio of New York City commercial real estate assets is now approaching three million square feet citywide, and includes high-quality office assets such as 250 Broadway, a 31-story office tower overlooking City Hall Park; 59 Maiden Lane, a 43-story tower in the Financial District; and 203 Jay Street, a boutique commercial property at the nexus of DUMBO, Downtown Brooklyn, and Brooklyn Heights.

CBRE’s Evan Fiddle represented Marcus & Millichap, while AmTrust was represented by a CBRE team of Paul Amirich, Neil King, Meghan Allen, and Kelly Tipton, along with Samuel Salberg in-house.