Law firm taking 38K sf at SL Green’s 711 Third Avenue

REIT lauds "extremely active" year with nearly 76K sf in new leases at Midtown office building

TRD New York /
Nov.November 24, 2015 06:03 PM

SL Green Realty bagged its latest tenant at its office tower at 711 Third Avenue in Midtown East. Law firm Golenbock, Eiseman, Assor, Bell & Peskoe LLP is taking 38,000 square feet across two floors.

The law firm signed on for more than 10 years at the 20-story, 583,000-square-foot property, located one block east of Grand Central Terminal between East 44th and 45th streets.

Asking rent in the deal was $68 per square foot, according to the New York Observer, with Golenbock Eiseman leaving its current 34,000-square-foot space at the William Kaufman Organization’s 437 Madison Avenue in Midtown.

SL Green, the city’s largest office landlord, hailed the deal as the latest in an “extremely active” year at 711 Third Avenue that has seen it sign nearly 76,000 square feet of new tenant leases at the building, said Steven Durels, director of leasing.

The real estate investment trust signed brokerage Ackman-Ziff Real Estate Group to more than 19,000 square feet at 711 Third Avenue in September, with the firm relocating from another SL Green property, 110 East 42nd Street.

Publisher Niche Media also relocated from another SL Green-owned building, 100 Church Street in the Financial District, to nearly 20,000 square feet at 711 Third Avenue, as The Real Deal reported in March. [NYO] — Rey Mashayekhi


Related Articles

arrow_forward_ios
The Daily News Building at 220 East 42nd Street and SL Green CEO Marc Holliday (Credit: Getty Images)

SL Green puts Daily News building up for sale

SL Green puts Daily News building up for sale
SL Green snags private-equity firm at One Vanderbilt

SL Green snags private-equity firm at
One Vanderbilt

SL Green snags private-equity firm at
One Vanderbilt
SL Green’s locks in big bank lease at Hudson Yards redevelopment site

SL Green’s locks in big bank lease at
Hudson Yards redevelopment site

SL Green’s locks in big bank lease at
Hudson Yards redevelopment site
Major new leases of Q2 2020 included the SEC’s 241,000 sq ft lease at 100 Pearl Street (Downtown), Match Group's 41,000 sq ft lease at 60-74 Gansevoort (Midtown South) and TikTok’s 232,000 sq ft lease at 151 West 42nd Street (Midtown) (Google Maps, BKSK Architects)

Bad to worse: Manhattan office leasing sees slowest quarter since 2009

Bad to worse: Manhattan office leasing sees slowest quarter since 2009
Match Group CEO Shar Dubey with a rendering of 60-74 Gansevoort and (inset) 555 West 18th Street (BKSK Architects, Google Maps)

A Match made in Meatpacking: Tinder, Hinge parent company signs lease on Gansevoort Row

A Match made in Meatpacking: Tinder, Hinge parent company signs lease on Gansevoort Row
1633 Broadway and Paramount CEO Albert Behler (Google Maps, Getty)

TRD Insights: The rents at Paramount Group’s 1633 Broadway

TRD Insights: The rents at Paramount Group’s 1633 Broadway
Isaac Zion

SL Green’s co-CIO leaving firm

SL Green’s co-CIO leaving firm
Michael Shvo, 530 Broadway and 711 Fifth Avenue (Shvo)

TRD Insights: Here’s what tenants are paying at Michael Shvo’s latest office acquisitions

TRD Insights: Here’s what tenants are paying at Michael Shvo’s latest office acquisitions
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...