{"id":157846,"date":"2026-03-09T13:16:09","date_gmt":"2026-03-09T13:16:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/157846\/"},"modified":"2026-03-09T13:16:09","modified_gmt":"2026-03-09T13:16:09","slug":"ai-sales-firm-clay-signs-163k-sf-lease-at-sl-greens-11-madison-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/157846\/","title":{"rendered":"AI Sales Firm Clay Signs 163K-SF Lease at SL Green\u2019s 11 Madison Avenue \u2013 Commercial Observer"},"content":{"rendered":"<p>An artificial intelligence-driven sales platform is relocating to <a href=\"https:\/\/commercialobserver.com\/company\/sl-green-realty\/\" title=\"SL Green Realty\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">SL Green Realty<\/a>\u2019s 11 Madison Avenue.<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/clay\/\" title=\"Clay\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Clay<\/a>, a firm native to Brooklyn, signed a 10-year, 163,095-square-foot lease on the 14th and 16th floors of the 2.3 million-square-foot office tower after hitting $100 million in annual recurring revenue, according to the landlord.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/03\/brighttower-lease-rudin-41-madison-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">Investment Bank BrightTower Signs 14K-SF Deal at Rudin\u2019s 41 Madison Avenue<\/a><\/p>\n<p>While Clay was founded in Brooklyn, the exact whereabouts of its current office was not immediately disclosed.<\/p>\n<p>Neither was an updated asking rent for the 30-story Midtown South building where it was $90 per square foot in August, <a href=\"https:\/\/commercialobserver.com\/2025\/08\/health-tech-firm-takes-39600sf-sl-greens-11-madison-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">Commercial Observer previously reported<\/a>.<\/p>\n<p>\u201cNew York has been Clay\u2019s home since we first started, and 11 Madison is where we\u2019re going to build the next chapter,\u201d Clay CEO and Co-Founder Kareem Amin said in a statement. \u201cThe team is growing fast\u2026 and we needed a home that matches that ambition. I can\u2019t wait to see what we create here.\u201d<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/newmark\/\" title=\"Newmark\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Newmark<\/a>\u2019s Aaron Ellison, Derek Feinman and Adam Spector handled negotiations for Clay in the transaction while a separate Newmark team of Brian Waterman, Brent Ozarowski and Eric Harris represented the landlord.<\/p>\n<p>Newmark did not immediately respond to a request for comment.<\/p>\n<p>Other major tenants in the building between 24th and 25th streets include health technology company Tempus AI, which occupies 39,565 square feet, and social media platform Pinterest, which signed an 83,000-square-foot lease <a href=\"https:\/\/commercialobserver.com\/2025\/06\/pinterest-moving-offices-signs-83k-sf-lease-at-11-madison-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">in June 2025<\/a>.<\/p>\n<p>Mark Hallum can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/03\/clay-ai-lease-sl-green-11-madison-avenue\/mailto:mhallum@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"An artificial intelligence-driven sales platform is relocating to SL Green Realty\u2019s 11 Madison Avenue. Clay, a firm native&hellip;\n","protected":false},"author":2,"featured_media":157847,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[46228,128,9,24,63,129,131,130],"class_list":["post-157846","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-tags-ts","tag-bronx","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/157846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=157846"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/157846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/157847"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=157846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=157846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=157846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}