Global financial technology platform Intuit expands by three floors for a total of 115,000-SF
NEW YORK, April 1, 2025 – Edward J. Minskoff Equities (EJME) and JLL announced today that global financial technology platform Intuit has completed a 10-year expansion lease for 77,000 square feet of office and retail space at 51 Astor Place, the Fumihiko Maki-designed office destination in the heart of Manhattan’s East Village.
Intuit is the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp. Intuit currently occupies the full third floor in 51 Astor Place and will expand to the full fifth, sixth and seventh floors, as well as a portion of the ground floor retail space, for a total occupancy of 115,000 square feet. The fifth-floor space features a large terrace for exclusive use by the tenant, which, along with the 14 ft. slab heights with floor-to-ceiling windows throughout and the ground floor private entrance/experiential center, will create a dynamic workspace for Intuit’s growing team of employees in New York City.
51 Astor Place is a highly amenitized, 400,000-square-foot mixed-use property that sits in the heart of the East Village amid an abundance of fine dining, culture, hotels and entertainment destinations. The LEED-Gold property features an iconic art program, including Jeff Koons’ “Balloon Rabbit” and Keith Haring’s “Self Portrait.” Additionally, EJME has recently completed an amenity center inclusive of a tenant-only lounge, conference center, fitness center, bike storage and lockers/showers.
EJME is a developer, owner and manager of institutional quality real estate nationally. JLL leasing professionals Paul N. Glickman, Vice Chairman; Mitchell Konsker, Vice Chairman; Benjamin Bass, Vice Chairman and Cynthia Wasserberger, Vice Chairman, represented EJME in the transaction. The tenant was represented by JLL’s tenant representation team of Bart Lammersen, Executive Managing Director; Justin Haber, Executive Managing Director; and Kyle Riker, Managing Director. Jeffrey Sussman, Executive Vice President, and Matt Pynn, Vice President, represented EJME in-house.
“51 Astor Place is the premier office destination providing a superior work environment amid a dynamic and energetic, 24/7 neighborhood,” said Edward J. Minskoff. “We are excited to support Intuit as it continues its growth in New York City.”
“51 Astor Place is a market-leading asset with best-in-class ownership and the highest-quality tenant services and amenities,” said Glickman. “This is an ideal property for employers seeking to attract and engage talent in a competitive market.”
JLL is a leader in the New York tri-state commercial real estate market, with more than 2,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.
For more news, videos and research resources visit JLL’s newsroom.
Contact: George Shea, Linda O’Flanagan
Phone: 917-584-0988; 332-456-5459
Email: Linda@sheacommunications.com
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Edward J. Minskoff Equities, Inc.
EJME was founded by Edward J. Minskoff in May of 1987. The company owns, develops and manages institutional quality commercial office buildings in major urban centers primarily in New York City. Selectively, EJME also develops high-end residential properties. EJME oversees all phases of its properties, including design/development, management, leasing and financing.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.