Syska Hennessy Signs 64,788-sq-ft Lease For a New Headquarters at SL Green's 1515 Broadway
October 19th, 2009 at 4:34 PMNew York, NY - September 21, 2009 - SL Green Realty Corp. (NYSE: SGG) is pleased to announce that Syska Hennessy, aka the SH Group, has signed a 64,788-square-foot, 15-year lease covering the entire 14th and 15th floors of 1515 Broadway. The prominent 54-story, 2+ million-square-foot tower situated in the heart of Times Square at West 45th Street is owned in partnership between SL Green and SITQ.
"It's rewarding when such a world-class consulting, engineering, technology and construction services firm as Syska chooses your building for its office," said Steven Durels, SL Green Executive Vice President, Director of Leasing and Real Property. "Their selection says a lot about the quality of the asset."
1515 Broadway is nearing completion of a $60 million redevelopment, which includes a spectacular redesign of the lobby, new entrances, new elevators and new corridors.
Brokers acting on behalf of the landlord were Jones Lang LaSalle's Frank Doyle, David Kleiner, Edward DiTolla, together with SL Green's David Kaufman and Amy Schustek, while the tenant was represented by John Lang LaSalle's Peter Riguardi, Cynthia Wasserberg, and Amanda Saltzman.
Attorneys in the transaction were: for SL Green, Noah Shapiro Esq. of Paul Hastings with Kathy Crocco, Esq. who acted in-house for the landlord; and for the tenant, Jonathan Adelsberg, Esq. of Herrick Feinstein.
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 June 30, 2008, the Company owned 30 New York City office properties totaling approximately 23,719,200 square feet, making it New York's largest office landlord. In addition, SL Green holds investment interests in, among other things, eight retail properties encompassing approximately 400,212 square feet, two development properties encompassing approximately 363,000 square feet and two land interests, along with ownership interests in 36 suburban assets totaling 7,867,500 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.
Tags: 1515 Broadway, Steven M. Durels, David Kaufman, Frank Doyle, Cynthia Wasserberger, Edward DiTolla, David Kleiner, Kathy Crocco, Noah Shapiro Esq., Amy Schustek, Peter Riguardi, Amanda Saltzman, Jonathan Adelsberg Esq.