NEW YORK CITY — Colliers ABR has negotiated two leases at 477 Madison Avenue in Manhattan, New York City. Wyper Capital Management, a private investment management company, signed a 3-year lease for 5,659 square feet of pre-built space on a portion of the fifth floor. In the second transaction, CRG Partners, a leading provider of financial restructuring and operational improvement, signed a 7-year lease for 7,947 square feet of space that is presently demolished. The landlord, J.A.B. Madison Associates, will construct three pre-built units on the entire 16,000-square-foot 12th floor, one of which will be occupied by CRG Partners. David Hoffman and Wendy Miller of Colliers ABR along with Shira Nadich Levin at Cooley, Godward & Kronish, represented the landlord in the lease negotiations. Lindsay Orenstein of Centric Real Estate Advisors represented Wyper Capital Management and Ruth Colp-Haber of Wharton Property Advisors represented CRG Partners.
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