Gulden of SL Green negotiates 34,640 s/f lease renewal; Heeg of JLL reps tenant

According to SL Green Realty Corp., long-time tenant Insight Communications has renewed its 34,640 s/f lease for the entire 40th and 41st floors at 810 Seventh Ave., a 41-story tower situated between West 52nd and 53rd Sts. Insight, which renewed for a five year term, is a full-service telecommunications and cable company. "We are delighted that Insight has opted to remain in its New York City headquarters, where it has been based for over 10 years," said Steven Durels, executive VP and director of leasing and real property for SL Green, who added that the 695,000 s/f property has just completed $13 million of capital improvements. Patrick Heeg of Jones Lang LaSalle acted on behalf of Insight, while SL Green's Christopher Gulden represented the landlord. Other prominent tenants in the building include Ion Media Networks, Hoplite Capital Management, Diamond Back Advisors, Longacre Fund Management, Oppenheimer & Co., Cingular, and Hearst Communications. SL Green Realty is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages Manhattan office properties. The company is the only publicly held REIT that specializes in this niche.