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Deals & Dealmakers

SL Green inks 31,000 s/f deal with hedge fund Fir Tree

SL Green Realty Corp announced that Fir Tree, Inc., a prominent hedge fund with approximately $12 billion of capital under management, has signed a 10-year lease covering 31,126 s/f at Tower 46, aka 55 West 46th Street.

The new headquarters lease covers the entire 29th  and part of the 28th floors. of the newly-constructed office building

SL Green in a joint venture with Prudential Real Estate Investors owns a condominium interest covering the top 13 floors of the newly constructed 34 story office tower.

“We are pleased to welcome one of the financial world’s most prestigious firms to Tower 46,” said Steven Durels, executive vice president, director of leasing and real property for SL Green, who added that “the building is ideally suited for businesses needing a state-of-the-art work environment”.

Gregg Lorberbaum and Eti Hamlet of Centric Real Estate Advisors represented Fir Tree in the transaction while Peter Turchin, Scott Bogetti, James Ackerman and Christie Harle of CBRE represented the landlord.

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