The insurance firm Chubb has signed as anchor tenant at Manhattan’s 550 Madison Ave., the former Sony Building.
The company is leasing 240,000 square feet across 10 floors of the tower, landlord Olayan Group said Thursday. The deal, which spans beyond a decade, represents more than 30% of the 41-story property’s offices.
Chubb will relocate its New York headquarters from its current location near Times Square in 2024, with plans to consolidate “multiple offices” at the Madison Avenue property.
Olayan has spent $300 million gut-renovating the tower and installing hospital-level filtration systems, motion sensors and a library curated by luxury publisher Assouline. The building also will have
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