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SL Green brings One Vanderbilt to nearly 90% occupancy

SL Green Realty Corp. announced the signing of three leases at One Vanderbilt Avenue, its new tower in East Midtown, that brings the building to 89 percent leased.

A new 97,652 s/f, 15-year lease covering floors 63-66 was signed with one tenant. TD Securities signed a 24,020 s/f, 20-year lease expansion covering a portion of the 11th floor, which increases TD Securities’ commitment within the building to 142,892 s/f. 

Additionally, InTandem Capital Partners LLC and Sagewind Capital LLC jointly signed a 2,163 s/f, seven-year lease expansion covering a portion of the 24th floor, which increases their footprint within the building to 12,328 s/f.

“We’re delighted to welcome our newest tenant and expand our relationships with TD Securities, InTandem and Sagewind,” said Steven Durels, Executive Vice President and Director of Leasing and Real Property at SL Green. “One Vanderbilt continues to attract companies seeking best-in-class office space, location and amenities and is now on track to exceed our recently revised year-end leasing projection of 90%.”

Major recent milestones for One Vanderbilt include the opening of world-renowned chef Daniel Boulud’s new restaurant, Le Pavillon, on May 19, 2021, which occupies 11,000 square feet on the second floor, facing Grand Central with a striking view of the Chrysler Building. In addition, One Vanderbilt’s observation deck, Summit One Vanderbilt, is set to open this fall bringing visitors a truly unmatched immersive experience and taking them to the highest vantage point in Midtown Manhattan.

Standing 1,401 feet tall, One Vanderbilt is the new headquarters for many of the world’s leading finance, technology, law and real estate firms. The 1.7 million-square-foot skyscraper offers an unparalleled combination of amenities, innovative office design, state-of-the-art technology, the highest level of sustainability and healthy workplace environment together with direct connection to Grand Central Terminal.

All building tenants are afforded access to an amenities package unrivaled in New York City office buildings, including a 30,000-square-foot tenant-only amenity floor with large format meeting spaces, club-style lounge, curated food offerings from Daniel Boulud and an extraordinary, landscaped terrace which overlooks Grand Central Terminal. Office floors feature floor-to-ceiling slab heights ranging from 14.5 feet to 24 feet, column-free floor plates, stunning 360-degree views through floor-to-ceiling windows and best-in-class infrastructure.

Robert Alexander, Ryan Alexander, Emily Chabrier, Alex D’Amario of CBRE represented the landlord in each transaction.

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