=

The Evolution of 1515 Broadway

HARVESTING VALUE IN THE CENTER OF TIMES SQUARE

A property that brought all of the skill sets together at SL Green; buying right, seeing potential, and executing with precision. SL Green was at the forefront of the re-invigoration of Time Square, among the most well-known and visited destinations in the world. The newest Viacom lease, the largest ever signed in Manhattan, is the capstone on a decade of extraordinary value creation which is the signature of SL Green.

HISTORICAL NOI

12.31.2002 THROUGH 2012

Click the dots to view evolution highlights

  • Acquisition with SITQ

    • 55% SLG Interest
    • $480M Gross Purchase Price

    March 28, 2002

  • Recap of 1515 Broadway

    • $625M Financing
    • SLG Interest Increased to 68.5%

    November 15, 2005

  • SLG Signs 1.3M SF Lease with Viacom

    • Third Largest Lease Ever in Midtown
    • $45M Capital Program

    November 1, 2008

  • Record Setting Rents in Times Square

    • 17.5K SF Leased to Aeropostale

    January 26, 2010

  • SLG Acquires SITQ Interest at Gross Value of $1.2B

    April 18, 2011

  • New LED Signage

    November 2011

  • $775M Refinancing with Bank of China

    April 2012

  • Viacom Renews & Expands 1515 Broadway Lease Through 2031

    • Largest Lease In NYC History

    April 2012

March 28, 2002

SL Green Acquires 1515 Broadway

APRIL 26, 2012

Viacom Renewal Through 2031