#midtown-south

#midtown-south

Adyen's lease covers the connected fourth floors of 111 and 115 Fifth Avenue, plus the fifth floor at 111, on a 10-year term with an asking rent near $89 per square foot. The contiguous fourth floor plate provides Adyen with a clean, efficient footprint that operates across two addresses without the usual patchwork of split floors and awkward corridors.

The City Council approved a rezoning plan for Midtown South, allowing for 9,700 new apartments, including approximately 3,000 affordable units, across a significant area.