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Travel PR Firm renews 5,000 square-foot lease at 72 Madison Ave.


(New York, NY – September 27, 2012) – The Moinian Group announces that LDPR, Inc., an innovative travel and lifestyle public relations firm, has renewed its long-term 5,000 square-foot lease at 72 Madison Avenue, the 12-story, 60,500 square-foot lost office building located between West 27th and 28th streets in the Midtown South market in Manhattan.

Jovani Rampersad, Commercial Leasing Director for The Moinian Group, negotiated the lease on behalf of the owner, while Marc Ellman of Ellman Realty represented the tenant.

LDPR has been a tenant at 72 Madison Avenue for over 15 years. The loft office building is located just one block from Madison Square Park and subway access. Its prime location on Madison Avenue is in close proximity to all public transportation including Penn Station and Grand Central and some of the most sought-after hotels such as Ace, Gansevoort, Eventi and No-Mad, and restaurants such as Eleven Madison, Eataly and Shake Shack.

The property boasts 5,000 square-foot loft spaces with exposed ceilings and hardwood floors; a recently upgraded, beautifully designed lobby; and 24-hour-a-day, 7-day-a-week access. Each unit has operable windows that bring in extensive light. 72 Madison is home to corporate tenants such as: Monique Lhuillier, Linda Gaunt Communications and Drama Fever.

“One of the most rewarding testimonials an owner can receive is when a long-term tenant surveys the market and decides to renew in their current location,” said Ms. Rampersad of The Moinian Group. “Midtown South is home to some of New York’s largest and best known public relations firms and the Moinian Group’s dedication to providing hands-on management and quality service to its tenants were key to this renewal.”

Offering 5,000 square foot loft spaces that provide tenants with full floor identity, tenant spaces feature exposed ceilings and hardwood floors, and the building features a recently upgraded lobby and 24/7 access.