SL Green signs two leases totaling 58,699 s/f

December 17, 2019 - New York City

Manhattan, NY SL Green Realty Corp. has signed two leases at 485 Lexington Ave. Crowe LLP, an accounting and technology consulting firm, signed a 10-year, 44,493 s/f lease for the 11th floor. Tailwind Management, a business management consultant, signed a six-year lease renewal covering its existing 14,206 s/f space occupying the 23rd floor.

Crowe was represented by Adam Ardise, Steve Bellwood, John Harris and John Crisp of Cushman & Wakefield, while the landlord was represented by Paul Glickman, Alex Chudnoff, Diana Biasotti, Ben Bass and Jon Fanuzzi of Jones Lang LaSalle. Tailwind Management was represented by Michael Movshovich, Ben Friedland and Evan Fiddle of CBRE and the landlord was represented in-house by SL Green.

“We’re delighted to welcome Crowe to 485 Lexington Ave. and to further extend our valued relationship with Tailwind Management,” said Steven Durels, executive vice president and director of leasing and real property for SL Green. “These leases re-affirm the strong tenant demand for well located, modernized buildings in east midtown Manhattan.”

Located between 46th and 47th Sts., 485 Lexington Ave. is two blocks from Grand Central Terminal and close to the north-end access to the terminal. The building features extended HVAC hours, new destination dispatch elevators, a 100-car on-site parking garage, and lobby. Other major tenants include Travelers Indemnity Company, Xerox, Konica Minolta Business Solutions, Phillips Nizer, Fidelity National Title Insurance and Golden Tree Asset Management.

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