SL Green Expands The Carlyle Group to 128,000 Square Feet at One Vanderbilt
March 04 2019 - 7:30AM
Business Wire
SL Green Realty Corp. (NYSE:SLG), New York City’s largest
office landlord, today announced that The Carlyle Group, a global
investment firm, has expanded its 15-year lease to occupy an
additional 32,592 square feet on the entire 35th floor at One
Vanderbilt, the 1,401-foot office tower in East Midtown set to
redefine the New York City skyline. The Carlyle Group will now
lease 127,744 square feet across floors 35 through 38.
A sign of its successful leasing and construction progress, the
building is now 54-percent leased ahead of its planned 2020
opening. Since breaking ground in 2016, the super structure has
reached the 73rd floor, which is the tower’s top office floor below
the planned observatory deck. Construction of the observatory deck
will begin later this month.
“Global business leaders like The Carlyle Group see the
advantage of One Vanderbilt’s world-class tenant and amenity
experience, state-of-the-art office design and direct access to
public transportation, all attributes that make East Midtown the
center of commerce in New York,” said Marc Holliday, Chief
Executive Officer of SL Green.
The Carlyle Group is part of a distinguished roster of
top-tier financial, banking and legal firms that have committed to
relocating to One Vanderbilt. Other tenants previously
announced at the building include: TD Securities and TD Bank,
a leading banking and investment group that provides a wide range
of capital markets products and services; one of the nation’s
largest law firms, Greenberg Traurig; leading international
law firm McDermott Will & Emery; global German financial
firms DZ and DVB Banks; publicly traded real estate investment
trust MFA Financial Inc.; and SL Green Realty Corp. Award-winning
chef Daniel Boulud has partnered with SL Green to create a
signature restaurant experience in the building.
The American Institute of Architects (AIA) recognized
One Vanderbilt and its architecture firm, Kohn Pedersen Fox
(KPF) Associates, with the prestigious 2018 AIA NY Merit Award in
Urban Design. Encompassing an entire city block, the building is
bounded by Madison and Vanderbilt Avenues to the west and east,
and East 43rd and East 42nd Streets to the north and
south. Expected to achieve both LEED Gold under version 4.0 and
WELL certification, the trophy tower will feature floor-to-ceiling
slab heights ranging from 14'6" to 24', column-free floor plates,
stunning 360-degree views through floor-to-ceiling windows and
best-in-class infrastructure. Anchoring the modernization of East
Midtown, One Vanderbilt will provide tenants with a combination of
amenities unrivaled in New York City, including a
30,000-square-foot tenant-only amenity floor with large format
meeting spaces, club style lounge and extraordinary outdoor
terrace. Immediately adjacent to Grand Central Terminal, the
building will create direct connections to the surrounding transit
network. SL Green is investing an unprecedented $220
million in private funds to upgrade the transit system.
Steven Rotter, Joseph Messina, Greg Lubar, Steven Spartin,
Jessica Berkey and Andrew Lutzer of JLL represented The Carlyle
Group. Robert Alexander, Ryan Alexander, Emily Jones and Alex
D’Amario of CBRE represented the landlord.
About SL Green Realty Corp.
SL Green Realty Corp., an S&P 500 company
and 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, 2018, SL Green held interests in 101 Manhattan buildings
totaling 46.0 million square feet. This included ownership
interests in 27.8 million square feet
of Manhattan buildings and 18.2 million square feet of
buildings securing debt and preferred equity investments. In
addition, SL Green held ownership interests in 7 suburban
properties comprised of 15 suburban buildings totaling 2.3 million
square feet in Brooklyn, Westchester County,
and Connecticut.
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Matt DiLibertoChief Financial Officer212.594.2700
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