Steven Durels, EVP and director of leasing at SL Green, tells GlobeSt.com that both leases are 10-year terms. He also notes that although SL Green is not at liberty to share the taking terms, asking rent is $95 per sf.
Longacre Fund Management is an existing building tenant whose business is rapidly expanding, according to Durels. They will occupy the entire 33rd floor. Diamondback is currently a tenant at SL Green's 1 Landmark Sq. in Stamford, CT. Diamondback will occupy the entire 37th floor.
"We're always very pleased to be able to accommodate our existing tenants by meeting their growth needs, particularly when we can take advantage of the obvious synergies that exist within our portfolio, including with our properties outside of New York City," Durels notes. "We look forward to continuing to build our relationship with Longacre Management at 810 Seventh Ave. just as we welcome another of our tenants, Diamondback Capital to its new Manhattan headquarters."
The building at 810 Seventh Ave. is a 41-story, 748,023-sf office tower centrally located in Midtown Manhattan on 53rd Street surrounded by Times Square, Corporate Row and Central Park. Other prominent tenants include Hoplite Capital Management, Alson Capital Partners, Hearst Communications, the National Geographic Society and Practicing Law Institute.
Alexander Chudnoff of Cushman and Wakefield represented Longacre Management in its leasing transaction. Chris Mongeluzzo of Newmark & Co. Real Estate Inc. represented Diamondback Capital.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
