"Fundamentals in the New York City office market remain robust fueled by strong demand from tenant growth," says Steven Durels, SL Green's EVP of leasing. "Millwork is a marquee tenant and we're delighted they have selected 1372 Broadway to anchor their business. This transaction illustrates the strength of our commitment to service the on-going needs of our tenants."

The 10-year lease signed by Millwork, a subsidiary of Hong Kong-based Li & Fung a consumer goods company, gives it the entire third and fourth floors of the 21-story building. The original lease for 43,708 sf was signed in August of 2002 for 10 years, Durels tells GlobeSt.com. Current asking rent in the building is $48 per sf.The more than 70,000 sf Millwork is taking will bring the facility to 100% occupancy, Durels says. Other major tenants in the 534,000-sf building include Ross Stores Inc. and Ann Taylor Inc.

Millwork will use the space as both offices and showrooms.