Bloomberg Expands Lease at 919 Third Avenue

NEW YORK — Financial data and media firm Bloomberg LP  has signed a 191,207 square foot expansion lease at 919 Third Avenue (Photo above) covering the entire 28th through 33rd floors. This expansion increases Bloomberg’s commitment at 919 Third Avenue to 748,415 square feet. 919 Third Avenue is owned by developer SL Green.

Designed by the renowned architecture firm Skidmore, Owings & Merrill, 919 Third Avenue is a 1.5 million-square-foot, 47-story glass and steel office tower. The lobby, entrances and elevator cabs are currently undergoing an extensive renovation with a design that emphasizes a warm, upscale hospitality ambiance and features in-lobby coffee bar and new bike room with direct access to the exterior plaza.

In addition, at One Vanderbilt Avenue, SL Green signed a new 19,522 square foot lease with Flexpoint Ford, a private equity firm with a history of investing in the financial services and healthcare sectors, covering a portion of the 61^st floor and a 6,554 square foot expansion lease with Stone Point Capital LLC covering a portion of the 50^th floor. One Vanderbilt is now 92.7% leased.

SL Green has signed 359,032 square feet of Manhattan office leases to date in the fourth quarter and 1,714,940 square feet of Manhattan office leases to date in 2021.

“We’re delighted to expand our valued relationship with Bloomberg for the second time,” said Steven Durels, Executive Vice President and Director of Leasing and Real Property at SL Green. “This expansion is a testament to the resiliency of New York’s office market and the desirability of Class A office space for companies to promote creativity and collaboration.”

Craig Reicher and Howard Fiddle of CBRE represented Bloomberg LP. Jared Horowitz of Newmark represented Flexpoint Ford. John Maher and Hugh MacDonald of CBRE represented Stone Point Capital while Robert Alexander, Ryan Alexander, Emily Chabrier and Alex D’Amario of CBRE represented the landlord in each transaction.