SL Green Realty Corp. (NYSE:SLG), New York City's largest commercial property owner, today announced that Music Choice has renewed its 52,959 square feet lease covering the entire second floor at 328 West 34th Street, also known as “The Olivia”. Music Choice programs music and produces music-related content for digital cable television, mobile phone and cable modem users.
The Olivia is a 36-story, 493,000 square foot building located between Eighth and Ninth Avenues with a combination of mixed uses, which include commercial space, retail space anchored by an AMC Lowes cinema complex and 333 residential rental units above.
“We are delighted to work with Music Choice on this long-term lease extension,” said Steven Durels, SL Green Executive Vice President, Director of Leasing, who added that “the space benefits from unique features, including a private lobby entrance and exceptional ceiling heights.”
Jason Gorman of CBRE represented Music Choice, while David Amsterdam of SL Green represented the landlord in-house.
About SL Green Realty Corp.
SL Green Realty Corp., New York City's largest office landlord and an S&P 500 company, 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, 2015, SL Green held interests in 121 Manhattan buildings totaling 43.2 million square feet. This included ownership interests in 30.6 million square feet of commercial buildings and debt and preferred equity investments secured by 12.6 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 35 suburban buildings totaling 5.3 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey.
SLG- LEAS
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Contacts:
Steven Durels, Executive Vice President,
Director
of Leasing and Real Property
(212) 216-1617
