NEWS

SL Green Signs TD Bank as Anchor Office and Retail Tenant at One Vanderbilt

New World Class Development with $210 Million of Public Transit

Improvements

NEW YORK–(BUSINESS WIRE)–

SL Green Realty Corp. (NYSE:SLG) today announced that TD Bank has signed

a long-term lease to become the office and retail anchor tenant at One

Vanderbilt, SL Green’s proposed tower adjacent to Grand Central Terminal

in the heart of New York’s Midtown commercial district. TD Bank will

occupy approximately 200,000 square feet of space in One Vanderbilt,

including a flagship retail store on the northeast corner of 42nd

Street and Madison Avenue, demonstrating TD Bank’s commitment to East

Midtown. SL Green will deliver TD Bank its space in One Vanderbilt in

2020.

SL Green President Andrew Mathias said, “Securing a major tenant of TD

Bank’s caliber more than five years before One Vanderbilt is due to open

makes a tremendous statement about this iconic building and the need for

new, modern and efficient office space in East Midtown. We are grateful

to Mayor de Blasio and his administration for their vision in supporting

the modernization of the Vanderbilt Corridor and a project that will

generate $210 million in public improvements. We look forward to

continuing the dialogue with the community, Borough President Brewer,

Council Member Garodnick and other stakeholders as part of the ongoing

public review process.”

TD Bank is one of the 10 largest banks in the U.S., providing more than

8 million customers with a full range of retail, small business and

commercial banking products and services. TD Bank opened its first

branch in New York in 2001 and now has 124 branches in the five

boroughs, including 16 branches that opened this calendar year alone.

“The move to One Vanderbilt will allow us to consolidate our New York

City offices into one regional headquarters, and will offer an

outstanding experience and great brand visibility for our employees and

our customers,” said Christopher Giamo, Regional President, TD Bank’s

Metro New York market. “This move underscores our commitment to the New

York market and solidifies our presence as a major North American

financial institution. With the building designed to exceed LEED Gold

requirements under the new LEED 4.0 guidelines, this also aligns with

our commitment to reducing carbon emissions as an environmental leader.”

Deputy Mayor for Housing and Economic Development Alicia Glen said:

“We’ve set out to ensure East Midtown can compete for the companies and

jobs of the 21st century. The announcement that TD Bank will anchor One

Vanderbilt is exciting news that will strengthen our position as the

global financial capital. And what’s significant is that TD Bank has

made this choice, not because of tax breaks or subsidies, but because of

sound investments we are fostering in new office space and

infrastructure. This is a model for how we intend to keep our economy

growing.”

One Vanderbilt will feature 1.6 million square feet of open and

efficient LEED-certified Class A office space on the entire block of

Vanderbilt Avenue between East 42nd and East 43rd

Street. As part of the development, SL Green will deliver a $210 million

package of public transit infrastructure improvements which will create

critically-needed transit connections to Metro-North and 4/5/6/7 and S

trains, as well as future East Side Access LIRR lines. With the vast

majority of funding allocated to upgrading the commuting experience in

the over-burdened Grand Central 4/5/6 station, this unprecedented

private investment will significantly improve pedestrian flow, allowing

for more trains to enter the station, as well as alleviate crowding and

circulation on mezzanine and platform levels. One Vanderbilt is

currently undergoing the City’s formal public review process, expected

to conclude next spring.

About SL Green

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 September 30, 2014, SL Green held interests

in 96 Manhattan buildings totaling 44.1 million square feet. This

included ownership interests in 28.0 million square feet of commercial

buildings and debt and preferred equity investments secured by 16.1

million square feet of buildings. In addition to its Manhattan

investments, SL Green held ownership interests in 35 suburban buildings

totaling 5.9 million square feet in Brooklyn, Long Island, Westchester

County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com.

About TD Bank

TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks

in the U.S., providing more than 8 million customers with a full range

of retail, small business and commercial banking products and services

at approximately 1,300 convenient locations throughout the Northeast,

Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD

Bank and its subsidiaries offer customized private banking and wealth

management services through TD Wealth®, and vehicle financing

and dealer commercial services through TD Auto Finance. TD Bank is

headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com.

Find TD Bank on Facebook at www.facebook.com/TDBank and

on Twitter at www.twitter.com/TDBank_US.

TD Bank, America’s Most Convenient Bank, is a member of TD Bank Group

and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top

10 financial services company in North America. The Toronto-Dominion

Bank trades on the New York and Toronto stock exchanges under the ticker

symbol “TD”. To learn more, visit www.td.com.

SLG-LEAS

For SL Green Realty Corp.
Nicole Kolinsky (nicole.kolinsky@berlinrosen.com)
or
Jeremy

Soffin (jeremy@berlinrosen.com)
646-452-5637

Source: SL Green Realty Corp.

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