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Medallion Financial Corp. moving to 667 Madison Ave.
Steve Cuozzo · 2026-06-22 · via New York Post

Taxi industry mogul Andrew Murstein hailed a ride to Leonard Stern’s 667 Madison Ave., joining an array of elite tenants at the boutique office tower.

Murstein, whose family was a prime mover behind the city’s yellow cab industry, signed an 11-year lease to move his Medallion Financial Corp. from 437 Madison. The new space at 667 Madison has about 9,000 square feet. Asking rents in the 267,000 square-foot property owned by Stern’s Hartz Group run from $120-$190 per square foot.

A low-angle view of 667 Madison Avenue & 61st Street, a tall building with many reflective windows.
667 Madison Avenue on 61st Street is seen. REX DITTMAN

Tenants include RedBird Capital Partners, the Tisch family office, Sciens Capital Management, Corvex Management, and Crestview Partners. Retail tenants include luxury brands Michael Kors, Smythson and Paul & Shark.

Murstein recently launched “Project Boomerang,” a multi-pronged campaign to bring businesses and high earners back to New York from Florida and Texas, using tactics ranging from TV ads to shipments of Katz’s pastrami.