AI startup Modal Labs inks 157K sf lease at Rudin’s 32 Sixth Avenue
AI startup Modal Labs is breathing new life into Rudin’s troubled Tribeca office tower. The AI infrastructure provider signed a 157,000-square-foot lease at 32 Sixth Avenue, a company spokesperson said. The deal spans three floors at the 1.2 million-square-foot office tower. Asking rent and the length of the lease were not disclosed. The transaction was first reported in CBRE’s October Manhattan office report. Modal plans to relocate from Stellar Management’s 233 Spring Street in mid-2027. The company currently has about 140 employees, with the additional room intended to accommodate future growth. That growth has already gone into overdrive. In October, […]
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