SL Green Signs Three Marquee Retail Leases in Prime Manhattan Submarkets

Skechers USA in Times Square; Equinox in the Plaza District; and

Lowe’s Home Improvement to open Flagship in Chelsea


SL Green Realty Corp. (NYSE:SLG), New York City’s largest commercial

property owner, today announced it has signed leases totaling 71,547

square feet with three separate world-class, national retailers in three

of Manhattan’s most sought-after submarkets—Times Square, The Plaza

District and Chelsea.

“We are pleased to attract such prestigious, well-known retail anchors

in these three strategically-located properties,” said Brett

Herschenfeld, managing director of SL Green Retail. Mr. Herschenfeld

continued, “Our retail portfolio continues to be a meaningful source of

growth for the company.”

Equinox, one of the nation’s global leaders in holistic fitness centers,

has signed a 25-year, 32,000-square-foot four-level lease for a portion

of the retail component of 10 East 53rd Street. Situated in

New York’s opulent Plaza District, the Club is scheduled to open in 2016

and will provide a wonderful amenity to SL Green’s newly redeveloped


Lowe’s Home Improvement, a Fortune 100 home improvement company with

more than 1,835 locations nationwide, has signed a 15-year lease for a

Chelsea flagship store comprised of 36,000 square feet on multi-levels

at 635-641 Sixth Avenue in Chelsea. Joe Mastromonaco and David Smookler

of the Dartmouth Company represented Lowe’s, while RKF’s Ariel Schuster,

Gary Alterman and Ross Berkowitz acted on behalf of SL Green.

Skechers USA, a leader in high performance, lifestyle footwear, which

designs develops and markets more than 3,000 styles, has committed to a

3,519-square-foot 10-year lease at the iconic 1515 Broadway in the heart

of Times Square. Skechers was represented by Gene Spiegelman of Cushman

& Wakefield, 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 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:


SL Green Realty Corp.
Brett Herschenfeld, 212-594-2700

Rubenstein Associates
Melanie Keenan,


Source: SL Green Realty Corp.

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