SL Green Inks More Than 33,000 SF

NEW YORK CITY-SL Green Realty Corp. has signed two new leases with leading hedge funds, Longacre Fund Management LLC and Diamondback New York LLC, at 810 Seventh Ave. Each firm has taken an entire floor of 16,858 sf at the Midtown office tower.

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.