{"id":349564,"date":"2026-09-17T20:20:25","date_gmt":"2026-09-17T20:20:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/349564\/"},"modified":"2026-09-17T20:20:25","modified_gmt":"2026-09-17T20:20:25","slug":"digital-financial-services-firm-zip-takes-13k-sf-at-rudins-41-madison-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/349564\/","title":{"rendered":"Digital Financial Services Firm Zip Takes 13K SF at Rudin\u2019s 41 Madison Avenue \u2013 Commercial Observer"},"content":{"rendered":"

Zip<\/a>, a digital banking company, is relocating to a new office space, Commercial Observer has learned.\u00a0<\/p>\n

The firm, which specializes in credit and payment services,\u00a0will move in April 2027 to Rudin<\/a>\u2019s 41 Madison Avenue in NoMad, where it will occupy 13,394 square feet across the entire 18th floor, according to the landlord. It\u2019s unclear where Zip is moving from.<\/p>\n

SEE ALSO: Juanita\u2019s Foods to Consolidate L.A. Production at 120K-SF Facility<\/a><\/p>\n

Rudin declined to provide the asking rent for the 11-year lease, but the average asking rent for office space in Midtown was $79.41 per square foot overall for the second quarter of 2026, while Class A office space averaged $97.22 per square foot during that time, according to Colliers data.\u00a0<\/p>\n

\u201cModern tenants look for highly amenitized and thoughtfully designed spaces, making Rudin\u2019s well-located and refreshed 41 Madison a prime destination for top-tier companies,\u201d Robert Steinman, senior vice president of office leasing at Rudin, said in a statement. \u201cRudin has built a track record of offerings where businesses thrive, and Zip fits into that ecosystem seamlessly.\u201d\u00a0\u00a0\u00a0<\/p>\n

Steinman repped the landlord in-house alongside Craig Panzirer, senior vice president and head of office leasing at Rudin. Avison Young<\/a>\u2019s Joseph Gervino and Ryan Grecco represented Zip on this lease. Gervino and Grecco declined CO\u2019s requests for comment.\u00a0<\/p>\n

Opened in 1974, 41 Madison Avenue is a 42-story, 550,000-square-foot office property just northeast of Madison Square Park. The building recently underwent renovations including an expanded and fully redesigned lobby as well as a 7,000-square-foot conference space.<\/p>\n

Zip\u2019s new lease brings the property to 93 percent leased, according to Rudin. Other tenants at 41 Madison Avenue include investment services firm<\/a> Polar Asset Management Partners, investment bank<\/a> BrightTower and talent services firm the Gersh Agency.\u00a0<\/p>\n

Amanda Schiavo can be reached at aschiavo@commercialobserver.com<\/a>. \u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"Zip, a digital banking company, is relocating to a new office space, Commercial Observer has learned.\u00a0 The firm,…\n","protected":false},"author":2,"featured_media":349565,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[130655,3624,50628,91023,2361,75,84,83,9,24,63,130654,130656,130657],"class_list":["post-349564","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-41-madison-avenue","tag-channel","tag-craig-panzirer","tag-joseph-gervino","tag-leases","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc","tag-office-leases-245-west-17th-street","tag-robert-steinman","tag-ryan-grecco"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/349564","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=349564"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/349564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/349565"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=349564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=349564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=349564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}