100 Park Ave. Gets 121,441-SF Tenant

NEW YORK CITY-Locally based SL Green Realty Corp. has completed a new 15-year lease agreement with BDO Seidman LLP to occupy 121,441 sf on floors nine through 11 at the 36-story 100 Park Ave. The transaction raises building occupancy from 67% to 80%.

BDO Seidman, a financial consulting and accounting firm, with 37 offices nationwide and a global network comprised of more than 626 international member firms, anchors the repositioning of the building, explains Steven Durels, executive vice president and director of leasing and real property for SL Green. The 825,815-sf tower is nearing completion of an extensive $72 million capital improvement program.

As GlobeSt.com reported, the redevelopment of the property, which is transformed from a class B, white brick office building, into a class A property, included a new soaring two-story atrium lobby, complete recladding of the facade featuring a glass curtain wall along Park Avenue, 2,000 new insulated windows, new elevator cabs and extensive infrastructure upgrades. Additionally, 100 Park Ave. is on schedule to be one of the first existing commercial buildings to receive a silver LEED designation in Manhattan.