By: Emily Fu | December 18, 2023

Marx Realty has announced that Baccarat will relocate its corporate offices to a 10,000-square-foot penthouse and mezzanine space – including a private terrace — on the 18th floor at 545 Madison Avein the Plaza District.

“We proposed this partnership to Baccarat as we knew it would represent the perfect coupling of the 545 Madison brand and the Baccarat brand and would best reinforce the building’s position at the intersection of office, luxury, and hospitality,” said Craig Deitelzweig, president and CEO of Marx Realty. “It’s the next step in blurring the lines between the office and hotel experiences while aligning with the regal elegance of the Baccarat brand.”

A Cushman & Wakefield team of Tara Stacom, Harry Blair, Peter Trivelas, Remy Liebersohn, Connor Daugstrup and Bianca Di Mauro represented Marx Realty in the transaction. Lantern Company’s Matt Siegel and Jessica Adler represented Baccarat.