Marx Realty Unveils Baccarat Partnership at Madison Avenue Offices

February 27, 2025

Marx Realty and Baccarat have unveiled their collaboration at 545 Madison Ave. The building, colloquially known as the Baccarat Building, is located between 54th and 55th Streets in Midtown Manhattan’s Plaza District. The completion of its 10,000-square-foot penthouse headquarters and mezzanine, complemented with Baccarat art throughout, marks Baccarat’s expansion into a full suite of luxury lifestyle offerings beyond the home, according to Marx Realty.

“Marx and Baccarat’s collaboration represents an evolution of our hospitality-infused aesthetic and approach,” said Craig Deitelzweig, president and CEO of Marx Realty. “With Baccarat’s essence throughout 545 Madison, we’ve seamlessly blended the lines between elegant workspaces and luxury-branded hospitality. The combination of these two iconic brands has created a one-of-a-kind experience for our tenants and their guests.”

The new office space is located a few blocks from Baccarat’s boutique retail location at 635 Madison Ave. and proximate to Baccarat Hotel New York. Other tenants at 545 Madison include GTS, Millenium Partners, Snow Phipps, Kohlberg, Vialto Partners, and Orangewood Capital.

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