{"id":1004156487,"date":"2016-10-24T01:00:13","date_gmt":"2016-10-24T09:00:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004156487"},"modified":"2020-05-22T00:28:13","modified_gmt":"2020-05-22T08:28:13","slug":"sl-green-inks-gem-leases-in-the-diamond-district","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sl-green-inks-gem-leases-in-the-diamond-district\/","title":{"rendered":"SL Green Inks Gem Leases in the Diamond District"},"content":{"rendered":"<p><em>By Veronica Grecu<\/em><\/p>\n<div id=\"attachment_1004156489\" style=\"width: 216px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Tower-46-55-W.-46th-St..jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004156489\" data-attachment-id=\"1004156489\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sl-green-inks-gem-leases-in-the-diamond-district\/tower-46-55-w-46th-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Tower-46-55-W.-46th-St..jpg\" data-orig-size=\"386,562\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Tower 46 &#8211; 55 W. 46th St.\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Tower-46-55-W.-46th-St..jpg?w=386\" class=\"wp-image-1004156489 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Tower-46-55-W.-46th-St..jpg\" alt=\"Tower 46 - 55 W. 46th St., New York City\" width=\"206\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Tower-46-55-W.-46th-St..jpg 386w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Tower-46-55-W.-46th-St..jpg?resize=206,300 206w\" sizes=\"auto, (max-width: 206px) 100vw, 206px\" \/><\/a><p id=\"caption-attachment-1004156489\" class=\"wp-caption-text\">Tower 46 &#8211; 55 W. 46th St., New York City<\/p><\/div>\n<p><strong>New York<\/strong>\u2014The iconic Tower 46 in Midtown Manhattan landed two new tenants last week. <a href=\"https:\/\/slgreen.com\/\" rel=\"nofollow\" target=\"_blank\">SL Green Realty<\/a> announced that it inked more than 110,000 square feet of office space in the 34-story office building located at 55 W. 46<sup>th<\/sup> St. The asset is jointly owned by SL Green and Prudential Real Estate Investors.<\/p>\n<p>Prominent law firm <a href=\"https:\/\/www.nixonpeabody.com\/\" rel=\"nofollow\" target=\"_blank\">Nixon Peabody<\/a>\u2014which is based within walking distance on Madison Avenue\u2014signed a 15-year lease for 66,297 square feet of office space on floors 23-25. The building\u2019s top two floors will be occupied by broadcasting giant <a href=\"https:\/\/corporate.comcast.com\/#main-content\" target=\"_blank\">Comcast<\/a>, which signed a 10-year lease agreement for 45,045 square feet of space.<\/p>\n<p><a href=\"https:\/\/www.cbre.com\/\" rel=\"nofollow\" target=\"_blank\">CBRE<\/a>\u2019s Timothy Dempsey, Michael Monahan and Ramneek Rikhy negotiated the lease on behalf of Nixon Peabody, while Comcast was represented by Michael Gottlieb and David Fahey of <a href=\"https:\/\/www.avisonyoung.com\/\" rel=\"nofollow\" target=\"_blank\">Avison Young<\/a>. A separate CBRE team consisting of Peter Turchin, James Ackerson, Sam Seiler, Cara Chayet and Christie Harle represented SL Green in both transactions.<\/p>\n<p>&#8220;These transactions highlight the appeal of Tower 46&#8217;s new building construction including highly-efficient column-free floors, soaring slab heights, robust infrastructure and in-building amenities, including a fitness center and parking,\u201d Steven Durels, executive vice president &amp; director of leasing and real property for SL Green, said in prepared remarks.<\/p>\n<p>Built in 2012 by Extell Development, the $750 million, LEED certified skyscraper was originally known as the International Gem Tower. It was designed by <a href=\"https:\/\/www.som.com\/\" rel=\"nofollow\" target=\"_blank\">Skidmore, Owings and Merrill<\/a> exclusively for the global diamond, gem and jewelry industry and offers nearly 700,000 square feet of office space in one of Manhattan\u2019s hottest submarkets.<\/p>\n<p>In September 2014, SL Green paid $295 million for 319,000 square feet of space on floors 22-34 in the tower. In a separate, $20 million transaction, SL Green later acquired a retail space on 46<sup>th<\/sup> Street, the underground parking garage at Tower 46, as well as the fitness center in the building.<\/p>\n<p><em>Image courtesy of <a href=\"https:\/\/www.yardimatrix.com\/\" rel=\"nofollow\" target=\"_blank\">Yardi Matrix<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nixon Peabody and Comcast have joined Tower 46&#8217;s office tenant roster.<\/p>\n","protected":false},"author":258,"featured_media":1004156489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21808,1600,21742,10,21747],"tags":[],"class_list":["post-1004156487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-featured","category-new-york","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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