News: Brokerage

SL Green Realty inks 54,250 s/f lease with Hartree Partners at 1185 Ave. of the Americas

Manhattan, NY SL Green Realty Corp. has signed a new 12-year, 54,250 s/f lease with Hartree Partners covering the entire 24th and 25th floors at 1185 Ave. of the Americas.

“We’re excited that Hartree Partners has elected to locate its headquarters at 1185 Ave. of the Americas,” said Steven Durels, executive vice president, director of leasing and real property at SL Green. “This lease follows approximately 183,000 s/f of leases signed over the past 12 months and reflects the on-going desire by premier companies for distinctive, accessible, centrally located office space.”

Located along the Avenue of the Americas office corridor between West 46th and 47th Sts., the 42-story office tower has proximity to Bryant Park and direct access to the underground Rockefeller Center concourse. The building is home to a tenant roster, including the Hess Corp., Syska Hennessy Group, Industrial & Commercial Bank of China and Northeast Series of Lockton Companies.

The tenant was represented by Ben Friedland, Munish Viralam, and Gary Davies of CBRE. The landlord was represented by Brian Waterman, Scott Klau, Brent Ozarowski, David Waterman, and Kevin Sullivan of Newmark. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking