SL Green Signs Swatch for Balance of Retail Space at 1515 Broadway


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


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:


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SL Green Realty Corp
Brett Herschenfeld, 212-216-1670


Source: SL Green Realty Corp

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