Carlyle Group expands at One Vanderbilt

The financial firm added 32K sf at the SL Green building

New York /
Mar.March 04, 2019 11:30 AM

From left: SL Green CEO Marc Holliday, One Vanderbilt, and Carlyle Group CEO Kewsong Lee (Credit: SL Green, Hines, and Carlyle)

The Carlyle Group has expanded its lease at the under-construction One Vanderbilt, taking 128,000 square feet at the building.

The firm signed a 15-year lease with landlord SL Green at the 1,400-foot tall office tower next to Grand Central Station. The landlord said the tenant will take floors 35 through 38, and said the building is now 54 percent leased.

The building, which is expected to open next year, has topped out at 73 floors, since construction started at the site in 2016. Other tenants in the building include TD Securities and TD Bank, law firms Greenberg Traurig and McDermott Will & Emery, and German financial firms DZ and DVB Banks.

SL Green will also have offices in the building. The company didn’t disclose asking rents at the $3.1 billion development project, but it has been previously reported that middle floors were priced at $160 a square foot.

The Carlyle Group was represented by a JLL team led by Steven Rotter, and the landlord was represented by a CBRE team led by Robert Alexander.


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
A photo illustration of Mohegan Sun's Ray Pineault and Soloviev Group's Stefan Soloviev (Getty, Soloviev Group, Mohegan Gaming & Entertainment)
Soloviev partners with Mohegan on casino bid
Soloviev partners with Mohegan on casino bid
Seth Weissman, John Catsimatidis, Mayor Eric Adams
They said what now? Real estate quotes of the week
They said what now? Real estate quotes of the week
From left: Robert Reffkin and Rupert Murdoch (Getty, Compass)
ChatGPT didn’t write this week’s real estate news roundup, we promise
ChatGPT didn’t write this week’s real estate news roundup, we promise
Seth Weissman, Financing
Urban Standard wants to rescue property owners from high interest rates
Urban Standard wants to rescue property owners from high interest rates
From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
Office properties (yes, office!) got Manhattan’s biggest December loans
Office properties (yes, office!) got Manhattan’s biggest December loans
arrow_forward_ios

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

Loading...