Tempus AI moving to SL Green’s 11 Madison Ave. – Business News
There’s at all times one thing new at SL Green’s 11 Madison Ave.
Last week’s splash was Eleven Madison Park chef Daniel Humm’s announcement that the three-(*11*)-star restaurant will drop its vegan-only coverage for a menu option together with meat and fish.
Now, though it may not set foodie tongues wagging, comes phrase that Tempus AI signed a lease for 39,565 sq. ft on half of the seventeenth ground — which “underscores the increased leasing velocity in Midtown South,” SL Green leasing director Steven Durels stated.
SL Green’s 11 Madison Ave Christopher Sadowski
Tempus AI is moving from the Helmsley Building at 230 Park Ave.
The 2.37 million square-foot 11 Madison is 93% leased.
The largest tenants embrace Pinterest, UBS and SONY Music.
It wasn’t disclosed what Tempus AI is paying.
The asking rent on Pinterest’s latest 83,000 square-foot lease on the thirteenth ground was $90 per sq. foot.
