NEW YORK, NY -(BUSINESS WIRE) – March 2, 2015 – (RealEstateRama) — SL Green Realty Corp(NYSE:SLG) today announced that Swatch, the multinational company active in the manufacture and sale of finished watches and jewelry, signed a 2,113-square-foot lease for aTimes Squarestore on the ground floor of1515 Broadway. This transaction completes the lease-up of the retail space at the 54-story, 1.8 million-square foot building located in the heart ofTimes Squareat45th Street. The Swatch lease follows the recently announced lease with Skechers USA for the adjacent space, which was executed in December, 2014.
“We are thrilled that such a celebrated, global manufacturer of timepieces has decided to open a location at our building,” saidBrett Herschenfeld, Managing Director. “Demand from retailers for space in and aroundTimes Squarecontinues unabated.”
Haim CheraofCrown Realtyrepresented Swatch in the transaction, whileJeffrey Rosemanof Newmark Grubb Knight Frank acted on behalf of SL Green.
About SL Green Realty Corp.
SL Green Realty Corp., New York City’s largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2014, SL Green held interests in 101 Manhattan buildings totaling 42.4 million square feet. This included ownership interests in 28.0 million square feet of commercial buildings and debt and preferred equity investments secured by 14.4 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 36 suburban buildings totaling 5.9 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com/
