The City of New York Renews at SL Green’s 1250 Broadway
April 22nd, 2008 at 3:52 PM
New York, NY – April 22, 2008 – SL Green Realty Corp. announced today that The City of New York has renewed its 20,088-square-foot lease on the eighth floor of 1250 Broadway, the 39-story, 748,694-square-foot tower located at West 32nd Street. The space houses the NYC Department of Environmental Protection.
“The City of New York has been a long-time tenant and we are delighted it has elected to extend its lease,” said SL Green’s Steven M. Durels, Executive Vice President and Director of Leasing and Real Property.
SL Green’s Elaine Anazagasty negotiated on behalf of the landlord. Other tenants in the building include Archstone Smith Operating Trust, Paychex, Inc., Reserve Management, and Visiting Nurse Service of New York.
About SL Green Realty Corp.
SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages Manhattan office properties. The Company is the only publicly held REIT that specializes in this niche. As of December 31, 2007, the Company owned 32 New York City office properties totaling approximately 24,728,200 square feet, making it New York's largest office landlord. In addition, SL Green holds investment interests in, among other things, retail properties (eight) encompassing approximately 353,939 square feet, development property (one) encompassing approximately 85,000 square feet and land interests (two), along with ownership of 36 suburban assets totaling 7,867,500 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.
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