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General Atlantic signs 150K SF lease for Related’s 625 Madison Ave tower

The tenant will take five floors in the under-construction 625 Madison Ave building, with the global headquarters move planned for 2029.

Reported · Written up by our desk · Commercial

Manhattan leasing activity remains active as General Atlantic signs a long-term lease for more than 150,000 square feet at Related Cos.’ under-construction Midtown tower at 625 Madison Ave, according to ConnectCRE.

General Atlantic plans to occupy five floors as an anchor tenant when the 53-story building opens in 2029. The leased space is set to serve as the firm’s global headquarters and will support its New York team of more than 330 professionals.

The tower, designed by Foster + Partners, will include features such as central park views, column-free floor plates, and all-electric, LEED Platinum design. A restaurant and luxury retail are planned for the base.

ConnectCRE reports Related purchased the 625 Madison Ave site in 2024 and demolished a 1956-vintage building that had previously served as headquarters for Nabisco and Related itself. Related’s portfolio includes $100 billion of assets owned or under development, including the Hudson Yards neighborhood on Manhattan’s West Side.

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