CD&R Relocates Headquarters to Renovated Manhattan Skyscraper

Clayton Dubilier & Rice is relocating its headquarters to 550 Madison Ave., the former Sony Building that’s attracted a flurry of finance and luxury fashion tenants.

Manhattan’s 550 Madison Ave.

Source: Gensler

The New York-based private equity firm signed a lease spanning six floors and roughly 144,000 square feet (13,400 square meters), at the 41-story office tower in Midtown Manhattan, landlord Olayan Group said in a statement Tuesday.

CD&R is more than doubling its New York footprint with the new lease. The private equity firm currently works out of the Seagram Building at 375 Park Ave.

Manhattan landlords have been dealing with more vacancies as ...