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New York

MTA adds 30,000 sf at SL Green’s Graybar Building

Transit authority now up to nearly 300K square feet at 420 Lexington

Clockwise from left: the Graybar Bulding at 420 Lexington Avenue, Thomas Prendergast and Marc Holliday
Clockwise from left: the Graybar Bulding at 420 Lexington Avenue, Thomas Prendergast and Marc Holliday

The Metropolitan Transportation Authority signed a 20-year lease for 30,000 more square feet at 420 Lexington Avenue.

The MTA will now take up about 296,000 square feet at the  1.4 million-square-foot Graybar building, which serves as SL Green’s headquarters, according to the New York Post. The occupancy rate in the building is less than one percent.

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At SL Green’s 810 Seventh Avenue, Brightwood Capital Advisors signed a lease for 17,320 square feet and DH Capital LLC and DH Capital Securities took 8,760 square feet, the newspaper reported. [NYP, 3rd] — Claire Moses

 

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Marc HollidayMetropolitan Transportation AuthoritySL Green