SL Green Signs Office Leases Totaling 490,000 Square Feet During the First Two Months of 2026

Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and operates as a fully integrated real estate investment trust (REIT) focused on acquiring, managing, and maximizing the value of Manhattan commercial properties [2] - As of December 31, 2025, SL Green held interests in 56 buildings totaling 31.4 million square feet, including 28.0 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments [2] Recent Developments - In the first two months of 2026, SL Green signed 32 office leases in Manhattan totaling 491,098 square feet, with a current pipeline exceeding 1.0 million square feet [1] - Executive Vice President Steven Durels noted strong tenant demand for prime buildings in desirable locations, indicating that rents are rising and concessions are tightening as market vacancy decreases in Midtown Manhattan [1] Notable Leases - A large global investment firm signed a new 10-year lease for 150,036 square feet at 245 Park Avenue, representing expansion space [4] - TD Securities signed a 10-year expansion lease for 51,081 square feet at 125 Park Avenue, increasing their total commitment in the building to 181,447 square feet [4] - One Main General Services Corp signed a new 10-year lease for 38,037 square feet at 1185 Avenue of the Americas [4] - McDermott, Will & Schulte signed a 16-year expansion lease for 29,734 square feet at One Vanderbilt Avenue, raising their total commitment to approximately 200,000 square feet [4] - UHY Advisors Northeast, Inc. signed an 11-year lease for 27,508 square feet at 1185 Avenue of the Americas [4] - Turner & Townsend signed a new 12-year lease for 24,394 square feet at 100 Park Avenue [4]