Offices Real Estate

UIPath Signs New Lease at One Vanderbilt

NEW YORK — SL Green Realty Corp. announced that enterprise automation software company, UiPath has signed a 15-year, 26,363-square-foot lease at One Vanderbilt Avenue covering the entire 60th floor. The One Vanderbilt tower opened last year next to Grand Central Terminal and is over 91% leased. “We’re delighted to welcome UiPath to One Vanderbilt Avenue,” […]

News Real Estate

Phoenix Investors Buys Former IBM Campus Near Binghamton

ENDICOTT, NY — Phoenix Investors has purchased a former IBM campus made up of 29 buildings and encompassing 130 acres near Binghamton. The campus is commonly known as the birthplace of IBM and comprises approximately 4 million square feet in Endicott, NY. The cluster of buildings, generally encompassing downtown Endicott is now known as the Huron […]

Real Estate

Vornado Realty Sells 5 Retail Properties in Manhattan

NEW YORK — Real estate investment firm Vornado Realty Trust announced it has entered into agreements to sell five struggling Manhattan retail properties located at 677 – 679, 759 – 771 and 828 – 850 Madison Avenue, 478-482 Broadway and 155 Spring Street for $184.5 million. Vornado says the properties currently have negative income and […]

Real Estate

SL Green Sells 635-641 Sixth Avenue for $325 Million

NEW YORK — SL Green Realty Corp. has sold 635-641 Sixth Avenue in the Chelsea neighborhood of Manhattan for $325.0 million. The property is comprised of two adjoined buildings totaling 8 stories and 267,000 square feet, occupying the full western block-front on Sixth Avenue from 19th Street to 20th Street in Midtown South. The transaction […]

News Real Estate

Empire State Building Celebrates 90th Birthday

NEW YORK – New York’s most famous skyscraper, the Empire State Building (ESB) is celebrating its 90th anniversary on Saturday, May 1. “The Empire State Building, the international icon and symbol of dreams, was a record breaker and trendsetter 90 years ago,” said Anthony E. Malkin, chairman, president, and CEO of Empire State Realty Trust which operates […]

Real Estate Retail

British Jeweler Vashi Signs Lease at 110 Green St. in Manhattan

NEW YORK  — SL Green Realty Corp. announced that Vashi, a British fine jewelry brand, has signed an 11,777 square foot, 15-year lease at 110 Greene Street in SoHo. This will be Vashi’s first location in the United States and marks one of SL Green’s most significant retail lease signings of 2021. “We’re excited to […]

Offices Real Estate

Three New Leases Signed at 245 Park Avenue

NEW YORK — SL Green Realty Corp., as leasing agent for 245 Park Avenue, on behalf of HNA Group North America (HNANA), the building’s owner, announced three recently signed leases covering 224,408 square feet. Leases include: Ares Management Corporation, a global hedge fund, signed a five-year lease renewal and expansion, covering 38,564 square feet on […]

Real Estate

Developer SL Green Inks 393,000 Square Feet of New Leases

NEW YORK — Developer SL Green Realty Corp. announced that it has signed 393,056 square feet of Manhattan office leases to-date during the fourth quarter of 2020. This bring the total volume of Manhattan office leases signed year-to-date to 1,176,681 square feet. Leases expected to be signed before the end of the year will result […]

Offices Real Estate

Swedbank Signs Lease for Office at Empire State Building

NEW YORK — Empire State Realty Trust (ESRT) announced that Swedbank, a Stockholm, Sweden- based banking group, has signed a 7,905 sq ft. lease on the 45th floor at the Empire State Building. ESRT owns and manages the Empire State Building, one of NY’s best known buildings located at 34th Street and Fifth Avenue in Manhattan. “We […]

Offices Real Estate

SL Green Sells 410 Tenth Avenue for $952.5 Million

NEW YORK — Developer SL Green Realty Corp announced that together with its partners, it has entered into a contract to sell 410 Tenth Avenue on the West Side of Manhattan for $952.5 million. The 636,000-square-foot office building is being redeveloped and is anchored by Amazon and First Republic Bank as tenants,. SL Green currently […]