Law Firm Nixon Peabody Leases 66,000+ Square Feet; Comcast Cable

Signs on for 45,000+ Square Feet

NEW YORK–(BUSINESS WIRE)–

SL Green Realty Corp. (NYSE:SLG) today announced that two tenants have

signed leases totaling 111,342 square feet at 55 W. 46th St., also known

as Tower 46, the 34-story office tower jointly owned by SL Green and

Prudential Real Estate Investors.

Prominent law firm Nixon Peabody LLP signed a 15-year lease covering

66,297 square feet for floors 23-25 and Comcast Cable Communications

Management LLC, a subsidiary of Comcast Corporation which develops,

manages, and operates broadband communication networks, signed a 10-year

lease covering 45,045 square feet on the building’s top two floors.

“We’re delighted to welcome these industry leading tenants,” said Steven

Durels, Executive Vice President, Director of Leasing and Real Property

for SL Green. “These transactions highlight the appeal of Tower 46’s new

building construction including highly-efficient column-free floors,

soaring slab heights, robust infrastructure and in-building amenities,

including a fitness center and parking.”

Timothy Dempsey, Michael Monahan and Ramneek Rikhy of CBRE acted on

behalf of Nixon Peabody, while Michael Gottlieb and David Fahey of

Avison Young represented Comcast Cable. The CBRE team consisting of

Peter Turchin, James Ackerson, Sam Seiler, Cara Chayet and Christie

Harle represented the landlord in both transactions.

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 September 30, 2016, SL Green held interests

in 125 Manhattan buildings totaling 46.6 million square feet. This

included ownership interests in 28.1 million square feet of commercial

buildings and debt and preferred equity investments secured by 18.6

million square feet of buildings. In addition, SL Green held ownership

interests in 30 suburban buildings totaling 4.8 million square feet in

Brooklyn, Long Island, Westchester County, Connecticut and New Jersey.

For more information, please visit: https://slgreen.com/

Forward-looking Statement
This press release includes

certain statements that may be deemed to be “forward-looking statements”

within the meaning of the Private Securities Litigation Reform Act of

1995 and are intended to be covered by the safe harbor provisions

thereof. All statements, other than statements of historical facts,

included in this press release that address activities, events or

developments that we expect, believe or anticipate will or may occur in

the future, are forward-looking statements. Forward-looking statements

are not guarantees of future performance and we caution you not to place

undue reliance on such statements. Forward-looking statements are

generally identifiable by the use of the words “may,” “will,” “should,”

“expect,” “anticipate,” “estimate,” “believe,” “intend,” “project,”

“continue,” or the negative of these words, or other similar words or

terms.
Forward-looking statements contained in this press release

are subject to a number of risks and uncertainties, many of which are

beyond our control, that may cause our actual results, performance or

achievements to be materially different from future results, performance

or achievements expressed or implied by forward-looking statements made

by us. Factors and risks to our business that could cause actual results

to differ from those contained in the forward-looking statements are

described in our filings with the Securities and Exchange Commission. We

undertake no obligation to publicly update or revise any forward-looking

statements, whether as a result of future events, new information or

otherwise.

SLG-LEAS

View source version on businesswire.com: http://www.businesswire.com/news/home/20161020005688/en/

Steven Durels, Exec VP,
Director of Leasing and Real Property
SL

Green Realty Corp.
(212) 216-1617

Source: SL Green Realty Corp.

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