NEW YORK–(BUSINESS WIRE)–
SL Green Realty Corp (NYSE:SLG) today announced that Swatch, the
multinational company active in the manufacture and sale of finished
watches and jewelry, signed a 2,113-square-foot lease for a Times Square
store on the ground floor of 1515 Broadway. This transaction completes
the lease-up of the retail space at the 54-story, 1.8 million-square
foot building located in the heart of Times Square at 45th Street. The
Swatch lease follows the recently announced lease with Skechers USA for
the adjacent space, which was executed in December, 2014.
“We are thrilled that such a celebrated, global manufacturer of
timepieces has decided to open a location at our building,” said Brett
Herschenfeld, Managing Director. “Demand from retailers for space in and
around Times Square continues unabated.”
Haim Chera of Crown Realty represented Swatch in the transaction, while
Jeffrey Roseman of Newmark Grubb Knight Frank acted on behalf of SL
Green.
About SL Green Realty Corp.
SL Green Realty Corp., 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 December 31, 2014, SL Green held interests
in 101 Manhattan buildings totaling 42.4 million square feet. This
included ownership interests in 28.0 million square feet of commercial
buildings and debt and preferred equity investments secured by 14.4
million square feet of buildings. In addition to its Manhattan
investments, SL Green held ownership interests in 36 suburban buildings
totaling 5.9 million square feet in Brooklyn, Long Island, Westchester
County, Connecticut and New Jersey. For more information, please visit: https://slgreen.com/
SLG- LEAS
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
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use of the words “may,” “will,” “should,” “expect,” “anticipate,”
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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.
SL Green Realty Corp
Brett Herschenfeld, 212-216-1670
Managing
Director
Source: SL Green Realty Corp
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