NEWS

Reckson / SL Green Inks Two Deals Totaling 81,441 Square Feet at the Summit in Westchester

Ascensia Signs 65,000 at 100 Summit; Exelon Commits to 16,442 at 500

Summit

VALHALLA, N.Y.–(BUSINESS WIRE)–

Reckson, a division of SL Green Realty Corp. (NYSE:SLG), New York City’s

largest commercial landlord, today announced it has signed an 11-year,

65,000-square-foot lease with Ascensia Diabetes Care US Inc., a global

diabetes health management company, and a 16,442-square-foot lease with

Exelon Generation Company, an American Fortune 100 energy company, at

The Summit–a three building, 700,000-square-foot Class A office complex

in Vahalla, New York.

“We are delighted to welcome such renowned companies as Ascensia and

Exelon,” said John Barnes, SL Green Senior Vice President and Managing

Director of its suburban division, who added that the Summit is now home

to four Fortune 500 companies and is currently 93% leased.

Ascensia will occupy space on the top two floors of 100 Summit when it

moves into the building in the fourth quarter of 2017; and Exelon,

expected move-in July 2017, has committed to space on the first floor of

500 Summit.

Steve Rotter and Conor Gill of Jones Lang LaSalle acted on behalf of

Ascensia. Exelon did not have tenant representation. Reckson was

represented in-house on both transactions.

SL Green was represented by CBRE’s Brian Carcaterra and Jacqueline

Novotny.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and New York City’s largest

office landlord, is a fully integrated real estate investment trust, or

REIT, that is focused primarily on acquiring, managing and maximizing

value of Manhattan commercial properties. As of March 31, 2017, the

Company held interests in 121 Manhattan buildings totaling 47.2 million

square feet. This included ownership interests in 27.5 million square

feet of Manhattan buildings and debt and preferred equity investments

secured by 19.7 million square feet of buildings. In addition, the

Company held ownership interests in 30 suburban buildings totaling 4.8

million square feet in Brooklyn, 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 www.slgreen.com or

contact Investor Relations at (212) 594-2700.

SLG-LEAS

Reckson, a Division of SL Green Realty Corp.
John Barnes,

914-872-4750
Senior Vice President and Managing Director, Suburban

Associates
Melanie Keenan, 212-843-8092
mkeenan@rubenstein.com

Source: SL Green Realty Corp.

News Provided by Acquire Media