{"id":236466,"date":"2026-05-19T09:20:25","date_gmt":"2026-05-19T09:20:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/236466\/"},"modified":"2026-05-19T09:20:25","modified_gmt":"2026-05-19T09:20:25","slug":"accounting-firm-prosperity-partners-signs-24k-sf-lease-at-575-madison-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/236466\/","title":{"rendered":"Accounting Firm Prosperity Partners Signs 24K-SF Lease at 575 Madison Avenue \u2013 Commercial Observer"},"content":{"rendered":"<p>An accounting and business consulting firm is relocating its offices to Midtown\u2019s 575 Madison Avenue.<\/p>\n<p>The Chicago-based <a href=\"https:\/\/commercialobserver.com\/company\/prosperity-partners\/\" title=\"Prosperity Partners\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Prosperity Partners<\/a> took 24,426 square feet on the entire \u200b\u200b11th floor of the <a href=\"https:\/\/commercialobserver.com\/company\/steinberg-pokoik\/\" title=\"Steinberg &amp; Pokoik\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Steinberg &amp; Pokoik<\/a>-owned, 25-story office tower between East 56th and East 57th streets, according to landlord broker <a href=\"https:\/\/commercialobserver.com\/company\/cbre\/\" title=\"CBRE\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">CBRE<\/a>.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/05\/gigi-hadid-guest-in-residence-lease-1061-madison-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">Gigi Hadid\u2019s Guest in Residence Brand Leases Second NYC Store at 1061 Madison Avenue<\/a><\/p>\n<p>The tenant signed a 10-year lease with asking rents in the building ranging from $75 per square foot on the lower floors to $89 per square foot on the upper floors.<\/p>\n<p>Prosperity Partners, which has repped several well-established restaurants in New York City, will move its offices to 575 Madison Avenue from 460 Park Avenue, according to CBRE, though the firm\u2019s website shows a previous address on the 14th floor of 575 Madison.<\/p>\n<p>\u201cAfter evaluating the broader Park Avenue and Plaza District submarkets, Prosperity Partners saw 575 Madison as the ideal location for its operations,\u201d CBRE\u2019s Gregg Rothkin said in a statement.<\/p>\n<p>Rothkin represented the landlord alongside CBRE\u2019s David Hollander, Bradley Auerbach, Maxwell Tarter and William Hooks. <a href=\"https:\/\/commercialobserver.com\/company\/newmark\/\" title=\"Newmark\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Newmark<\/a>\u2019s Ben Shapiro, Bill Levitsky and Nathan Kropp negotiated on behalf of the tenant alongside Michael Cohen, Jessica Verdi and Rachel Kirkham of <a href=\"https:\/\/commercialobserver.com\/company\/colliers\/\" title=\"Colliers\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Colliers<\/a>.<\/p>\n<p>Newmark and Colliers did not immediately respond to requests for comment.<\/p>\n<p>Other tenants in the building include cosmetics company Makeup by Mario, which took 15,930 square feet <a href=\"https:\/\/commercialobserver.com\/2025\/12\/makeup-by-mario-lease-575-madison-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">in December 2025<\/a>, and financial services firm JTC Group, which leased 15,926 square feet <a href=\"https:\/\/commercialobserver.com\/2025\/08\/jtc-group-arc24-575-madison-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">in August 2025<\/a>.<\/p>\n<p>Mark Hallum can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/05\/prosperity-partners-lease-575-madison-avenue\/mailto:mhallum@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"An accounting and business consulting firm is relocating its offices to Midtown\u2019s 575 Madison Avenue. The Chicago-based Prosperity&hellip;\n","protected":false},"author":2,"featured_media":236467,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[92518,22201,92519,92520,98,100,99,37654,37655,92521,2361,37658,23596,83647,9,24,63,2362,92522,24705],"class_list":["post-236466","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-575-madison-avenue","tag-ben-shapiro","tag-bill-levitsky","tag-bradley-auerbach","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-news","tag-david-hollander","tag-gregg-rothkin","tag-jessica-verdi","tag-leases","tag-maxwell-tarter","tag-michael-cohen","tag-nathan-kropp","tag-new-york","tag-new-york-city","tag-nyc","tag-office-leases","tag-rachel-kirkham","tag-william-hooks-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/236466","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=236466"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/236466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/236467"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=236466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=236466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=236466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}