SL Green Signs Renewal With BMW at 555 West 57th Street
October 29 2019 - 7:35AM
Business Wire
SL Green Realty Corp., New York City's largest office landlord,
today announced that BMW of Manhattan has signed an approximately
227,000-square-foot, 10-year lease renewal at 555 West 57th Street.
BMW of Manhattan occupies the entire second, third, and fourth
floors together with portions of the ground and concourse
levels.
“We’re delighted to extend our longstanding relationship with
BMW,” said Steven Durels, Executive Vice President and Director
of Leasing for SL Green. “The building proudly displays the BMW
logo atop its roof, indicating the importance of their brand to the
Manhattan market and to SL Green.”
Originally known as the Ford Motors Building, 555 West 57th
Street offers Class A office space with panoramic views of the
Hudson River and the Manhattan skyline. The 20-story building has
been fully modernized with newly-completed entrances, an outdoor
plaza, hallways, and bathrooms. Other notable tenants in the
building include CBS Broadcasting, Inc., City University of New
York, Greater New York Hospital Association, and Mt. Sinai/Beth
Israel. Close to Columbus Circle, Lincoln Center, and major
transportation hubs, 555 West 57th Street sits in a prime area of
the west side office market.
Scott Panzer and Matt Rosen of Jones Lang LaSalle represented
the tenant in this transaction, while SL Green was represented
in-house.
About SL Green
SL Green Realty Corp., an S&P 500 company and New York
City's largest office landlord, is a fully integrated real estate
investment trust, or REIT, that is focused primarily on acquiring,
managing and maximizing value of Manhattan commercial properties.
As of September 30, 2019, SL Green held interests in 93 Manhattan
buildings totaling 45.0 million square feet. This included
ownership interests in 27.2 million square feet of Manhattan
buildings and 17.8 million square feet securing debt and preferred
equity investments. In addition, SL Green held ownership interests
in 7 suburban properties comprised of 15 buildings totaling 2.3
million square feet in Brooklyn, Westchester County, and
Connecticut.
SLG - LEAS
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191029005572/en/
Investors: Matt DiLiberto Chief Financial Officer SL Green
Realty Corp. (212) 594-2700
Press: BerlinRosen slgreen@berlinrosen.com (646) 452-5637
SL Green Realty (NYSE:SLG)
Historical Stock Chart
From Mar 2024 to Apr 2024
SL Green Realty (NYSE:SLG)
Historical Stock Chart
From Apr 2023 to Apr 2024