SL Green Inks 300K SF of Manhattan Office Leases in Past Two Months
SL Green Realty Corp. has signed 31 office leases covering 299,137 square feet to date in the second quarter, increasing 2023 office leasing volume to 803,819 square feet.
Notable recent leasing transactions include:
One of the world’s largest sovereign wealth funds signed a 99,568- square-foot, 15-year renewal and expansion lease at 280 Park Ave. The tenant was represented by CBRE’s Silvio Petriello, Ben Friedland, Munish Vira lam, Taylor Scheinman and Adele Huang.
Two leases were signed at 245 Park Ave.: EQT Partners signed a new 15-year lease for 76,204 square feet, represented by Cushman & Wakefield’s Ethan Silverstein and Michael Movshovich; Angelo Gordon signed a 10,636-square-foot expansion lease, increasing its total to 149,305 square feet. The tenant was represented by Newmark’s David Falk and Peter Shimkin.
Stone Point Capital, LLC signed a 12,692-square-foot expansion at One Vanderbilt Ave., represented by CBRE’s John Maher.
“Leasing velocity continues to improve,” said Steven Durels, SL Green’s director of leasing and real property. “Buildings that are located near public transportation, are well amenitized, that provide healthy work environments and are managed by high-quality, well capitalized operators are realizing leasing success.”
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).