SL Green Signs Three Marquee Retail Leases in Prime Manhattan Submarkets

SL Green Realty Corp. (NYSE:SLG), New York City’s largest commercial property owner, today announced it has signed leases totaling 71,547 square feet with three separate world-class, national retailers in three of Manhattan’s most sought-after submarkets—Times Square, The Plaza District and Chelsea.

“We are pleased to attract such prestigious, well-known retail anchors in these three strategically-located properties,” said Brett Herschenfeld, managing director of SL Green Retail. Mr. Herschenfeld continued, “Our retail portfolio continues to be a meaningful source of growth for the company.”

Equinox, one of the nation’s global leaders in holistic fitness centers, has signed a 25-year, 32,000-square-foot four-level lease for a portion of the retail component of 10 East 53rd Street. Situated in New York’s opulent Plaza District, the Club is scheduled to open in 2016 and will provide a wonderful amenity to SL Green’s newly redeveloped building.

Lowe’s Home Improvement, a Fortune 100 home improvement company with more than 1,835 locations nationwide, has signed a 15-year lease for a Chelsea flagship store comprised of 36,000 square feet on multi-levels at 635-641 Sixth Avenue in Chelsea. Joe Mastromonaco and David Smookler of the Dartmouth Company represented Lowe’s, while RKF’s Ariel Schuster, Gary Alterman and Ross Berkowitz acted on behalf of SL Green.

Skechers USA, a leader in high performance, lifestyle footwear, which designs develops and markets more than 3,000 styles, has committed to a 3,519-square-foot 10-year lease at the iconic 1515 Broadway in the heart of Times Square. Skechers was represented by Gene Spiegelman of Cushman & Wakefield, while Jeffrey Roseman of Newmark Grubb Knight Frank acted on behalf of SL Green.

About SL Green Realty Corp.

SL Green Realty Corp., New York City's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of September 30, 2014, SL Green held interests in 96 Manhattan buildings totaling 44.1 million square feet. This included ownership interests in 28.0 million square feet of commercial buildings and debt and preferred equity investments secured by 16.1 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 35 suburban buildings totaling 5.9 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com/

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