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Deals & Dealmakers

Software giant makes 115,000 s/f commitment to 635 Sixth Ave.


SL Green Realty Corp announced that Infor, one of the world’s largest business software companies serving more than 70,000 customers, has leased the penthouse duplex covering 21,802 s/f at 635-41 Avenue of the Americas.

This most recent expansion by Infor increases their commitment at the building to 114,991 s/f.

The two-building complex located between 19th and 20th streets is currently being re-developed into a single combined property.

Located in Manhattan’s Midtown South submarket, the area is known for its concentration of Internet, technology, advertising and media companies.

“The office portion of the 271,000-square-foot property is 100% leased months in advance of the scheduled completion date for the re-development work,” said Steven Durels, SL Green executive vice president, director of leasing and real property.
“The comprehensive re-development includes a new enlarged lobby, relocation of elevator shafts, new windows, new bathrooms, restoration of the historic façade, new storefronts, state-of-the-art infrastructure and a new rooftop tenant entertainment space with signature bocce court.”

“The market reaction to the revolutionary user experience we have built in New York has been overwhelming,” said Charles Phillips, CEO of Infor.

“Last year our Hook & Loop design team grew more than tenfold, and we are expanding our office again to accommodate demand for technology that beautiful, easy-to-use, and designed to speed performance.”

Bruce Mosler, Mark Mandell, Doron Etzioni and Ethan Silverstein of Cushman & Wakefield represented Infor in the negotiations, while Paul Glickman, Mitti Liebersohn, Frank Doyle, Jonathan Fanuzzi and Diana Biasotti of Jones Lang LaSalle acted on behalf of SL Green.

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