Clay AI Sales Platform Leases 163,095 Sq Ft at 11 Madison Avenue, NYC
Brief news summary
Clay, an artificial intelligence-driven sales platform native to Brooklyn, is relocating to SL Green Realty’s office tower at 11 Madison Avenue in Midtown South, New York. The company signed a 10-year lease for 163,095 square feet on the 14th and 16th floors of the 2.3 million-square-foot building. This move follows Clay achieving $100 million in annual recurring revenue and is relocating from 111 West 19th Street. The building’s asking rent is $90 per square foot. Clay’s CEO, Kareem Amin, emphasized that New York remains their home and that the new office will support the company’s rapid growth and future ambitions. Newmark’s teams negotiated the lease on behalf of both Clay and the landlord. Other prominent tenants in the building include health technology firm Tempus AI, occupying 39,565 square feet, and social media company Pinterest, which has leased 83,000 square feet starting June 2025. The 30-story tower is located on Madison Avenue between East 24th and East 25th streets.An AI-driven sales platform is moving to SL Green Realty’s 11 Madison Avenue. Brooklyn-based Clay signed a 10-year lease for 163, 095 square feet on the 14th and 16th floors of the 2. 3 million-square-foot office tower. The company secured the new office space after reaching $100 million in annual recurring revenue, according to the landlord. SEE ALSO: Sunday Summary: Savills Makes Its Big, Big Move Although founded in Brooklyn, Clay is relocating from its previous offices at 111 West 19th Street. The asking rent for the 30-story Midtown South building was $90 per square foot, stated the landlord. “New York has been Clay’s home since our inception, and 11 Madison is where we will build the next chapter, ” said Clay CEO and co-founder Kareem Amin.
“Our team is rapidly expanding, and we needed a space that matches that ambition. I’m excited about what we will create here. ” Newmark’s Aaron Ellison, Derek Feinman, and Adam Spector negotiated on behalf of Clay, while another Newmark team—Brian Waterman, Brent Ozarowski, and Erik Harris—represented the landlord. Newmark did not immediately respond to requests for comment. Other key tenants at 11 Madison Avenue, located between East 24th and East 25th streets, include health tech company Tempus AI, occupying 39, 565 square feet, and social media platform Pinterest, which signed an 83, 000-square-foot lease effective June 2025.
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Clay AI Sales Platform Leases 163,095 Sq Ft at 11 Madison Avenue, NYC
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