New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Republic of Brazil Signs Renewal, Expansion at News Building
SL Green Realty Corp. arranged a renewal and expansion lease with the Federative Republic of Brazil at the News Building in Midtown Manhattan, located at 220 E. 42nd St. The Consulate General has renewed and extended its existing 30,030-square-foot lease.
In addition, the Brazilian Mission to the United States will occupy 23,066 square feet, and the Brazilian Financial Office will occupy 12, 235 square feet. Altogether, the organization will occupy four entire floors and a portion of the ground floor, totaling 65,331 square feet, more than doubling its original footprint for a 10-year term.
“We’re delighted to expand and extend our valued relationship with the Federative Republic of Brazil,” said Steven Durels, EVP and director of leasing and real property at SL Green. “With its historic architecture and proximity to Grand Central Terminal and the United Nations, The News Building is world famous as the home to Superman.”
The Federative Republic of Brazil was represented by Peter Trivelas and Justin Royce of Cushman and Wakefield, and the landlord was represented by Harry Blair, Tara Stacom, Barry Zeller and Pierce Hance of Cushman and Wakefield.
- ◦Lease