Shoe and accessories retailer Steve Madden has signed a 13-year, 60,003-square-foot office lease at Empire State Realty Trust (ESRT)’s 501 Seventh Avenue in Midtown, the landlord announced in its first-quarter earnings report Thursday.
Asking rent was in the low $60s per square foot.
The deal represents an office relocation for Steve Madden, which currently has its corporate headquarters at 52-16 Barnett Avenue in Long Island City, Queens, according to the company website.
ESRT was represented in-house in the deal by Jordan Berger, Kerry Lavelle and Shanae Ursini, as well as by Cushman & Wakefield‘s Rob Lowe, Ron Lo Russo, Samantha Perlman, Daniel Organ and Harley Dalton. Savills‘ Scott Weiss, Erik Schmall and Jack Warren brokered the deal for Steve Madden.
C&W declined to comment, while spokespeople for Savills, Steve Madden and ESRT did not immediately respond to requests for comment.
In April 2025, ESRT re-signed another fashion tenant to the office building on the corner of Seventh Avenue and West 37th Street when luxury fashion brand Carolina Herrera renewed and expanded its lease there to 34,000 square feet.
Located near Pennsylvania Station, 501 Seventh Avenue is an 18-story office property originally built in 1923. Other tenants — both corporate and retail — at the building include Japanese restaurant Roppongi 37, public relations company Coyne PR, and private security firm Allied Universal.
Amanda Schiavo can be reached at aschiavo@commercialobserver.com.
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