NEW YORK–(BUSINESS WIRE)–
SL Green Realty Corp. (NYSE:SLG), New York City’s largest commercial
property owner, today announced that Music Choice has renewed its 52,959
square feet lease covering the entire second floor at 328 West 34th
Street, also known as “The Olivia”. Music Choice programs music and
produces music-related content for digital cable television, mobile
phone and cable modem users.
The Olivia is a 36-story, 493,000 square foot building located between
Eighth and Ninth Avenues with a combination of mixed uses, which include
commercial space, retail space anchored by an AMC Lowes cinema complex
and 333 residential rental units above.
“We are delighted to work with Music Choice on this long-term lease
extension,” said Steven Durels, SL Green Executive Vice President,
Director of Leasing, who added that “the space benefits from unique
features, including a private lobby entrance and exceptional ceiling
Jason Gorman of CBRE represented Music Choice, while David Amsterdam of
SL Green represented the landlord in-house.
About SL Green Realty Corp.
SL Green Realty Corp., New York City’s largest office landlord and an
S&P 500 company, 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, 2015, SL
Green held interests in 121 Manhattan buildings totaling 43.2 million
square feet. This included ownership interests in 30.6 million square
feet of commercial buildings and debt and preferred equity investments
secured by 12.6 million square feet of buildings. In addition to its
Manhattan investments, SL Green held ownership interests in 35 suburban
buildings totaling 5.3 million square feet in Brooklyn, Long Island,
Westchester County, Connecticut and New Jersey.
SL Green Realty Corp.
Steven Durels, Executive Vice President,
of Leasing and Real Property
Source: SL Green Realty Corp.
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