SL Green Realty leases 75,825 s/f to Tradeweb Markets at 245 Park Ave.

Manhattan, NY According to landlord SL Green Realty Corp., Tradeweb Markets LLC signed a new 75,825 s/f, 15-year lease covering the entire 29^th and 30^th floors at 245 Park Ave.

“We’re proud to welcome Tradeweb Markets to 245 Park Ave.,” said Steven Durels, executive vice president, director of leasing and real property at SL Green. “Our redevelopment design will elevate the building to provide a best-in-class work environment with spectacular upgrades to the common areas and an exciting amenity program.”

Tradeweb Markets LLC was represented by David Kleiner, Michael Berg, Will McGarry, and Finley Burger of JLL. The landlord was represented by Patrick Murphy, Bruce Mosler, Tara Stacom, Harry Blair, Ron LoRusso, Justin Royce, Pierce Hance, and Will Yeatman from Cushman & Wakefield.

245 Park Ave. is a 1.8 million s/f, class A office building located across from JP Morgan Chase’s new world headquarters. A comprehensive redevelopment is underway which includes the installation of a jewel-like terra cotta overclad of the Park Ave. façade, new windows, new lobby and elevator cabs, landscaped plaza featuring colonnades of columnar trees, a 17,000 s/f wellness center featuring a newly imagined golf lounge and grab-n-go, a new 10,000 s/f, restaurant with outdoor seating and a new rooftop lounge with landscaped roof patio.

Tags: Brokerage

Reprint

Previous Story Next Story

NAI Long Island achieves 100% occupancy at two Suffolk County office assets

Hauppauge, NY NAI Long Island, an affiliate of NAI Global, has achieved 100% occupancy at two Suffolk County office properties, totaling 50,689 s/f. These exclusive landlord leasing assignments involved 207

Highcap Group sells parking lot across Queens County Court House

Adler of Rand Commercial brokers $9.5 million sale of Yonkers development site

Adler of Rand Comm'l. brokers $9.5m sale of Yonkers dev. site

After the lease is signed: What New York City’s office moves reveal about the changing workplace - by Maya Z.

Staats of Katz signs Uptown Cheapskate to first New Jersey location

Staats of Katz signs Uptown Cheapskate to first NJ location

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Construction Design & Engineering

JRM Construction Management’s build-out of JPMorgan Chase global HQ named ENR New York’s Best Project, interior category

Columns and Thought Leadership

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

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,

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

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.