Barton, Barton & Plotkin Renews its 12,277sq. ft. Lease at SL Green's 420 Lexington Avenue
February 25th, 2010 at 3:09 PM
Headquartered At Graybar for More than 50 Years
New York, NY - February 24, 2010 - SL Green Realty Corp. (NYSE: SLG) today announced that Barton, Barton & Plotkin LLP, a prestigious law firm which has been a tenant at 420 Lexington Avenue, aka The Graybar Building, for more than half a century, renewed its 12,277-square-foot lease on the 18th floor.
The firm started in a single room office and has expanded and relocated multiple times over many years.
"The key to our successful relationship has been SL Green's ability to support our firm's growth," said Roger E. Barton, Managing Partner, "and we look forward to solidifying that relationship in the years ahead."
According to Steve Durels, Executive Vice President, Director of Leasing and Real Property for SL Green, "This transaction perfectly represents everything we strive to accomplish as landlord who develops long-term relationships with our tenants and helps to provide the right size space solution as their business grows over time."
Providing direct access to Grand Central Terminal, 420 Lexington Avenue is 1.4 million square feet and 30 floors. Major tenants include Bank Leumi USA, Metro-North Commuter Railroad Co., New Plan Excel Realty, and New York Life Insurance.
Larry Swiger of SL Green represented the landlord in the transaction.
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, 2009, the Company owned interests in 29 New York City office properties totaling approximately 23,211,200 square feet, making it New York's largest office landlord. In addition, at December 31, 2009, SL Green held investment interests in, among other things, eight retail properties encompassing approximately 374,812 square feet, three development properties encompassing approximately 399,800 square feet and two land interests, along with ownership interests in 31 suburban assets totaling 6,804,700 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.
To be added to the Company's distribution list or to obtain the latest news releases and other Company information, please visit our website at http://www.slgreen.com/ or contact Investor Relations at 212-216-1601.
Tags: 420 Lexington Avenue, 100 Park Avenue, Steven M. Durels, Lawrence A. Swiger, Roger E. Barton