444 Broadway & 10-12 Crosby Street

Location:

New York, NY

Acquisition Date:

February 2008

Size:

34,750 square feet

Asset Type:

Retail and Loft Office

Opportunity

Madison acquired a long-term Master Lease in this property and executed a repositioning strategy which included creating a retail presence and transitioning the primary loft office entrance to Crosby Street. The long-term investment strategy is to reposition and increase rents upon tenant lease expirations.