New York & Tri-State + Midtown New York + Office | September 12, 2018

Ankura Doubles Up at 485 Lex, 8 Months After Move-In

Having begun at 12,000 square feet within SL Green Realty Corp.’s portfolio, Ankura Consulting will now occupy nearly five times that amount. The business advisory firm relocated from SL Green’s 750 Third Ave. to the REIT’s 485 Lexington Ave. this past January with 29,574 square feet, and has now signed a 15-year lease for an additional floor there. This brings its 485 Lexington footprint to 59,272 square feet.

“This is the third lease with Ankura Consulting we’ve completed over the past 18 months, and affirms our desire to work collaboratively with our tenants to accommodate their rapidly changing space needs,” said SL Green’s Steve Durels. “Ankura is a highly valued relationship, and it was a team effort working with their broker from JLL to structure this fast-moving transaction.“

JLL’s Don Preate represented Ankura. His JLL colleagues Paul Glickman, Ben Bass, Diana Biasotti and Jon Fanuzzi advised the landlord.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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