News: Brokerage

SL Green renews 14,206 s/f for Offit Capital Advisors

Steven Durels, SL Green Steven Durels, SL Green
New York, NY According to SL Green Realty Corp., Offit Capital Advisors, LLC, an employee-owned  investment manager focused on advising high net worth individuals, has renewed its lease for 10 years covering 14,206 s/f on the entire 24th floor of 485 Lexington Ave. a/k/a Grand Central Sq., the 31-story, 921,370 s/f building located two blocks from Grand Central Terminal. “We are delighted that Offit Capital has elected to extend its occupancy with us,” said Steven Durels, executive vice president, director of leasing and real property for SL Green, who added that “leasing momentum in Midtown east and particularly in the Grand Central submarket has remained very strong this year.” Other prestigious building tenants include Travelers Indemnity Company, The Leading Hotels of the World, Fidelity National Title Insurance, Konica Minolta, Novantas and KPS Capital. Larry Zuckerman of Newmark Grubb Knight Frank represented Offit Capital, while Natasha Brown acted in-house on behalf of SL Green.
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