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The Moinian Group Inks 70,000SF at 60 Madison Ave.

60 Madison Avenue (Photo courtesy of The Moinian Group)

The Moinian Group has signed  70,000 square feet of new leases at 60 Madison Avenue with Foundational Labs Inc. d/b/a Pace, GovWell Technologies Inc., The Full Picture LLC and Tenex Labs LLC.

“60 Madison Avenue, with its prime Midtown South location directly on Madison Square Park, continues to attract innovative and fast-growing companies seeking high-quality office space in one of Manhattan’s most dynamic business districts,” said Joseph Moinian, founder and chief executive at The Moinian Group. “These leases, all signed within the last two weeks, demonstrate the strong demand for thoughtfully designed, move-in-ready spaces and build upon the momentum we have established at the property throughout 2026.”

Foundational Labs, Inc. d/b/a Pace, an enterprise artificial intelligence startup that builds an “agentic workforce” for the insurance industry, signed a 17,500-square-foot lease for the entire seventh floor of the building. Pace was represented by Nicholas Markel of Cresa in the transaction.

GovWell Technologies Inc., an AI operating system for government, signed a 17,500-square-foot lease for the entire eighth floor of the building. GovWell was represented by Christopher Foerch, Zev Holzman and Riley Scanlon of Savills in the transaction.

The Full Picture LLC, a strategic communications, brand strategy and production firm, signed an 8,000-square-foot lease for a portion of the eleventh floor. The Full Picture was represented by Michael Herz and Waite Buckley of Cresa in the transaction.

Tenex Labs LLC, a leading technology agency focused on delivering innovative solutions, signed a 25,000-square-foot lease for the entire twelfth floor and penthouse level of the building. Tenex Labs was represented by Noel Flagg and EN Cutler of Newmark in the transaction.

The Moinian Group was represented by Gregg Rothkin, Hayden Pascal, Jared London, Taylor Walker and Keegan Schenk from CBRE in all transactions.