SL Green Realty Corp. has signed a 924,876-square-foot renewal and expansion lease with Bloomberg L.P. at 919 Third Ave. The transaction includes a 749,035-square-foot, 11-year lease extension commencing March 1, 2029, covering floors two through 18 and 28 through 33. In addition, Bloomberg will expand its footprint within the building by 175,841 square feet with a new 15-year lease covering a portion of the 34th floor and the entire floors on 35 and 41 through 44.
“We’re proud to continue our long-standing relationship with Bloomberg, and excited to assist with their on-going New York City expansion,” said Steven Durels, executive vice president and director of leasing and real property at SL Green. “Overall leasing velocity continues to increase as tenants prioritize their preference for well-located, upgraded and amenitized buildings.”
To date in 2024, SL Green has signed 150 Manhattan office leases totaling 2,795,746 square feet, inclusive of Bloomberg, while maintaining an office leasing pipeline of approximately 1.1 million square feet. Based on 2024 leasing to date and the current pipeline, SL Green expects to sign more than 3.3 million square feet of Manhattan office leases in 2024 and increase Manhattan same-store office occupancy, inclusive of leases signed but not yet commenced, to 92.5% by December 31, 2024.
Bloomberg was represented by CBRE’s Howard Fiddle, Chris Mansfield, Zach Weil and Ryan Luck. SL Green was represented by Robert Alexander, Ryan Alexander, Emily Chabrier, Taylor Callahan, Alex D’Amario and Nicole Marshall of CBRE.
