New York, NY According to SL Green Realty Corp., Offit Capital Advisors, LLC, has renewed its lease for 10 years covering 14,206 s/f on the 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.
Larry Zuckerman of Newmark Grubb Knight Frank represented Offit Capital, while Natasha Brown acted in-house on behalf of SL Green.
“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 building tenants include Travelers Indemnity Company, The Leading Hotels of the World, Fidelity National Title Insurance, Konica Minolta, Novantas and KPS Capital.