Small Footprint, Prime Address: Ethos Specialty at 420 Lexington

Building

420 Lexington Avenue

The Graybar Building

Lease Term

3 + Years

Lease Type

New Direct Lease

Delivery Condition

Turnkey

The Challenge

Ethos Specialty is a real estate finance firm focused on sophisticated, relationship-driven transactions, requiring a workspace that reflects both professionalism and efficiency.

They were searching for a rare combination in the Midtown market: a small-footprint, high-end office located within a full-service building that would be convenient for a team commuting from across the tri-state area.

Their wish list was specific and difficult to satisfy—modern design, strong building amenities, and seamless access to transportation—without committing to more space than the firm truly needed. Finding this type of boutique office in a premier building is notoriously challenging, as availability is limited and competition is high.

The Solution

The ideal solution emerged at 420 Lexington Avenue, SL Green’s iconic Graybar Building. Ethos Specialty secured a brand-new, pre-built office suite on a direct lease basis, allowing them to move in immediately while still putting their own stamp on the space.

The Graybar Building offered everything Ethos was looking for: a full-service environment, modern finishes, an on-site amenity center, and—most importantly—direct underground access to Grand Central Terminal. This feature dramatically simplified commuting for employees traveling from New Jersey, Long Island, Westchester, and throughout Manhattan.

The Outcome

Ethos Specialty now operates from a refined, efficient office in one of Midtown’s most connected and prestigious buildings. The new space provides the firm with a professional setting that aligns with its brand while eliminating daily commuting friction for its team.

By securing a rare small-format office in a landmark building, Ethos Specialty achieved the perfect balance of location, design, and functionality, positioning the firm for continued success over the next several years.