One Vanderbilt Wins 2021 ULI New York Award for Excellence in Development
November 05 2021 - 7:30AM
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office
landlord, today announced that it was awarded the 2021 Urban Land
Institute’s New York Award for Excellence in Development for One
Vanderbilt under the “Office Development” category. Through its
Global Awards for Excellence, the Urban Land Institute’s
prestigious awards program honors best-in-class development that
reflects the responsible land use practice and creation of
sustainable, thriving communities.
One Vanderbilt, the skyline-defining tower designed by
world-renowned architecture firm Kohn Pederson Fox, was recognized
for its vital role in the revitalization of East Midtown, providing
a new model for delivering transportation and public realm
improvements through public-private partnerships, and the
prioritization of $17 million in sustainability features above and
beyond those required under New York City’s construction codes.
“The opening of One Vanderbilt was a historic moment for New
York City, representing how public-private partnership can work
together to deliver long-overdue, public infrastructure
improvements while also prioritizing sustainability,” said
Robert Schiffer, Managing Director of SL Green.
“One Vanderbilt serves as a model for transit-oriented developments
around the world, and we are very proud to be recognized by the
Urban Land Institute for our achievement.”
“Everyone who was involved with the creation of One Vanderbilt,
from SL Green to Hines to the contractors and the engineers felt a
sense of dedication to something even bigger than the tall building
and its super central site. Ultimately, the big beneficiary of this
project is New York, and the great business heart of East Midtown.
And it was finished during the most challenging days of the
pandemic. We thank the ULI jury for recognizing this huge urban
achievement,” said James von Klemperer, President, Kohn
Pederson Fox.
One Vanderbilt officially opened on September 14, 2020 and is
currently over 91% leased. Major recent milestones include the
opening of its observation experience, SUMMIT One Vanderbilt, on
October 21, 2021, which offers visitors a truly unmatched immersive
experience at the highest vantage point in Midtown Manhattan.
Earlier this year, SL Green also celebrated the opening of
world-renowned chef Daniel Boulud’s new restaurant, Le Pavillon,
which occupies 11,000 square feet on the second floor.
Standing 1,401 feet tall, One Vanderbilt is the new headquarters
for many of the world’s leading finance, technology, law and real
estate firms. The 1.7 million-square-foot skyscraper offers an
unparalleled combination of amenities, innovative office design,
state-of-the-art technology, the highest level of sustainability
and healthy workplace environment together with direct connection
to Grand Central Terminal.
About SL Green Realty Corp.
SL Green Realty Corp., Manhattan'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, 2021, SL Green
held interests in 76 buildings totaling 35.3 million square feet.
This included ownership interests in 27.2 million square feet of
Manhattan buildings and 7.3 million square feet securing debt and
preferred equity investments.
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Matt DiLibertoChief Financial Officer(212) 594-2700
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