SL Green Signs Leases Totaling Over 452,000 Square Feet During the First Two Months of 2022
March 07 2022 - 7:30AM
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office
landlord, today announced that it has signed 26 leases totaling
452,433 square feet during just the first two months of 2022.
Notable leases include:
- A global information services company signed a new 10-year,
236,026 square foot headquarters lease covering floors 9-14 at 100
Park Avenue. Robert Lowe, Gary Ceder, Nicholas Dysenchuk and Jon
Herman of Cushman & Wakefield represented the tenant.
- UN Women, a UN organization delivering programs, policies and
standards that uphold women’s human rights, signed a 10-year,
85,522 square foot renewal lease covering floors 17-20 at 220 East
42nd Street, also known as the News Building. Jodi Pulice and Greg
Smith of JRT Realty together with Chris Helgesen of Cushman &
Wakefield represented UN Women. Tara Stacom, Harry Blair, Barry
Zeller, Justin Royce, and Anthony LoPresti of Cushman &
Wakefield represented the landlord for this lease and the lease at
100 Park Avenue.
- Two new leases were signed at 885 Third Avenue, also known as
the Lipstick Building:
- EC Mergers & Acquisitions, an independent, globally active,
investment banking firm specializing in mergers, acquisitions,
company sales and corporate divestitures, signed a 10-year, 13,884
square foot lease covering the entire 34th floor. Joseph Grotto of
Cushman & Wakefield represented EuroConsult.
- Aurora Health Network, LLC, a premier healthcare-focused
investment firm managing high-performing facilities throughout the
U.S., signed a 7-year, 13,884 square foot lease covering the entire
29th floor. John Cilmi and Harry Singer of Newmark represented the
tenant. Brian Waterman, Scott Klau, Eric Harris, Cole Gendels and
Zach Weil of Newmark represented the landlord on both
transactions.
- Two new leases covering 16,395 square feet were signed at One
Vanderbilt Avenue, which increases leased occupancy at the property
to 96.4%:
“We’re excited to welcome these new tenants to the SL Green
portfolio and extend our long-term relationship with UN Women,”
said Steven Durels, Executive Vice President and Director
of Leasing and Real Property at SL Green. “Leasing
momentum has maintained a healthy pace coming off a robust fourth
quarter with tenant demand focused on buildings that have been
ungraded, amenitized and are located near mass transit.”
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 December 31, 2021, SL Green
held interests in 73 buildings totaling 34.9 million square feet.
This included ownership interests in 26.9 million square feet of
Manhattan buildings and 7.1 million square feet securing debt and
preferred equity investments.
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statements, other than statements of historical facts, included in
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Forward-looking statements contained in this press release are
subject to a number of risks and uncertainties, many of which are
beyond our control, that may cause our actual results, performance
or achievements to be materially different from future results,
performance or achievements expressed or implied by forward-looking
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cause actual results to differ from those contained in the
forward-looking statements include risks and uncertainties related
to the on-going COVID-19 pandemic and the duration and impact it
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risks and uncertainties described in our filings with the
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by law, we undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of future events,
new information or otherwise.
SLG – LEAS
PRESS CONTACTslgreen@berlinrosen.com
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