Carlyle Group expands at One Vanderbilt

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

TRD 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 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

315 West 33rd Street, SL Green's Marc Holliday and Brookfield's Ric Clark (Credit: SL Green, Getty Images)

Brookfield fund buying SL Green’s 315 West 33rd Street for $447M

Brookfield Asset Management CEO Bruce Flatt

“We underwrite every investment like we’re going to hit a recession”: Brookfield CEO

Cadre founder Ryan Williams and Allen Smith

Cadre brings on former Four Seasons CEO as president

AKS Capital Partners Managing Partners Aaron Appel and Walker & Dunlop CEO Willy Walker

Walker & Dunlop acquires Aaron Appel’s AKS Capital Partners

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

arrow_forward_ios
Loading...