{"id":75718,"date":"2025-12-19T17:49:13","date_gmt":"2025-12-19T17:49:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/75718\/"},"modified":"2025-12-19T17:49:13","modified_gmt":"2025-12-19T17:49:13","slug":"law-firm-thompson-coburn-renews-46k-sf-lease-at-488-madison-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/75718\/","title":{"rendered":"Law Firm Thompson Coburn Renews 46K-SF Lease at 488 Madison Avenue \u2013 Commercial Observer"},"content":{"rendered":"

The Feil Organization<\/a>-owned 488 Madison Avenue has re-signed legal services provider Thompson Coburn to a 15-year, 46,000-square-foot lease across the entire 14th and 15th floors, the tenant\u2019s home since 2002. This brings the building, which overlooks St. Patrick\u2019s Cathedral, to more than 90 percent leased, Feil said in a statement announcing the renewed deal.\u00a0<\/p>\n

As part of the deal, Feil will renovate the floors occupied by Thompson Coburn to create a space that better fits the company\u2019s needs. Feil did not provide details on what this redesign and build-out would entail.\u00a0<\/p>\n

SEE ALSO: Knit Illustrated Signs 4K-SF Lease at 247 West 37th Street<\/a><\/p>\n

Asking rent for this deal was $75 per square foot.\u00a0<\/p>\n

\u201c488 Madison Avenue has been an exceptional location for our firm, and we are excited to introduce a new design that will further enhance the daily experience for our staff and clients,\u201d Mark Indelicato, New York managing partner at Thompson Coburn, said in the statement. \u201cOur commitment reflects the strong partnership we\u2019ve built with the Feil Organization, and we look forward to continuing that relationship for many years to come.\u201d<\/p>\n

Thompson Coburn was represented in this deal by Joe Learner and Jarod Stern from Savills<\/a>, as well as Chris Kraus of JLL<\/a>. The brokers representing the tenant did not immediately respond to requests for comment.\u00a0<\/p>\n

The Feil Organization was represented in-house by Andrew Wiener, Tim Parlante and Kyle Young.\u00a0<\/p>\n

\u201cWe are proud to extend our partnership with Thompson Coburn in a transaction that reinforces how 488 Madison Avenue has been able to provide immense value and support their long-term success,\u201d Wiener said in the statement. \u201cSecuring a renewal of this scale speaks to the strength of our portfolio, the relationship we have with our tenants, and the consistent quality we deliver.\u201d<\/p>\n

Feil\u2019s 488 Madison Avenue was built in 1949 and spans 447,000 square feet. Other notable tenants include the Archdiocese of New York<\/a>, construction management firm Shawmut Design and Construction, and real estate advisory firm<\/a> Alvarez & Marsal Property Solutions.<\/p>\n

Amanda Schiavo can be reached at aschiavo@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The Feil Organization-owned 488 Madison Avenue has re-signed legal services provider Thompson Coburn to a 15-year, 46,000-square-foot lease…\n","protected":false},"author":2,"featured_media":75719,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[37990,37991,37992,37993,37994,37995,2361,75,84,83,37996,9,24,63,2362,37997],"class_list":["post-75718","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-488-madison-avenue","tag-andrew-wiener","tag-chris-kraus","tag-jarod-stern","tag-joe-learner","tag-kyle-young","tag-leases","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-mark-indelicato","tag-new-york","tag-new-york-city","tag-nyc","tag-office-leases","tag-tim-parlante-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/75718","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=75718"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/75718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/75719"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=75718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=75718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=75718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}