News: Brokerage

SL Green leases 31,126 s/f at Tower 46 to Fir Tree, Inc.

New York, NY According to SL Green Realty Corp, Fir Tree, Inc., a prominent hedge fund with $12 billion of capital under management, has signed a 10-year lease covering 31,126 s/f at Tower 46, aka 55 West 46th St. The new headquarters lease covers the entire 29th and part of the 28th floors. of the newly-constructed office building. SL Green in a joint venture with Prudential Real Estate Investors owns a condominium interest covering the top 13 floors of the newly constructed 34-story office tower. “We are pleased to welcome one of the financial world’s most prestigious firms to Tower 46,” said Steven Durels, executive vice president, director of leasing and real property for SL Green. “The building is ideally suited for businesses needing a state-of-the-art work environment.” Constructed in 2013, Tower 46 was designed by Sidmore, Ownings & Merrill and features floor slabs of 13’6” to 16’ high, column free floors, cutting-edge infrastructure and life/safety systems, a tenant only fitness center, in-building valet parking, spectacular views and convenient proximity to Bryant Park and Grand Central Terminal. Gregg Lorberbaum and Eti Hamlet of Centric Real Estate Advisors represented Fir Tree in the transaction while Peter Turchin, Scott Bogetti, James Ackerman and Christie Harle of CBRE represented the landlord.
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