SL Green Realty Corp. arranges 52,450 s/f lease for Pandora Media, Inc. at 125 Park Avenue

SL Green Realty Corp. revealed that popular personalized internet music provider Pandora Media, Inc. has signed a 10-year lease covering 52,450 s/f on the entire 19th and 20th floors of 125 Park Avenue, the 26-story, 572,705 s/f building located directly across from Grand Central Terminal. "We are delighted to welcome Pandora to the building," said Steven Durels, executive vice president and director of leasing and real property for SL Green, who added, "Pandora was attracted to the building because of its convenient location with immediate access to Grand Central Terminal and floors that have high slab heights and oversized windows." Other tenants in the building include Haworth, Canon Business Solutions, Emerge 212, and Newmark Grubb Knight Frank. CBRE's William Iacovelli and Ramsey Feher represented Pandora in the transaction, while Newmark Knight Frank's David Falk, Peter Shimkin, Daniel Levine and Brian Waterman acted on behalf of SL Green.

Tags: Brokerage

Reprint

Previous Story Next Story

Hanna Commercial Real Estate brokers Agri-Plastics 64,000 s/f manufacturing facility lease at Uniland’s 2 Steelworkers Way

Lackawanna, NY Agri-Plastics, a global leader in the manufacturing of plastic products for agricultural, industrial, recreational, environmental, and home industries, has signed a 64,000 s/f lease to open a

Delisle and Monahan of Island Associates lease 45,000 s/f to Giunta’s Meat Farms at Strathmore Commons

Island Associates leases 45,000 s/f to Giunta’s Meat Farms

Delisle and Monahan of Island Associates broker 1,110 s/f lease extension for Kings Insurance

Island Associates brokers 1,110 s/f lease extension for Kings Insurance

Island Associates lease 1,050 s/f at Marion Oak Plaza

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Marcus & Millichap sells 17-unit multi-family for $8.8m

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Owners Developers & Managers

LCOR completes Allen - 28-story 307-unit residential community

Columns and Thought Leadership

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.