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SL Green unveils One Vanderbilt

SL Green held a ribbon cutting ceremony earlier this week to mark the official opening of One Vanderbilt in Midtown East. The $3.3 billion office tower received a TCO on September 11. 

  • Tenancy: One Vanderbilt is nearly 70 percent leased to companies that include: Carlyle Group, Greenberg Traurig, McDermott Will & Emery, KPS Capital Partners, TD Securities & TD Bank, and to SL Green itself, which will occupy 70,000 SF. The remaining available space is mainly on the upper levels of the tower. Asking rents range from $125 to $300 per SF, according to the NYPost.
  • Building a new standard: All building tenants will have access to a 30,000-square-foot tenant-only amenity floor with large-format meeting spaces, a club-style lounge, curated food offerings, and an outdoor terrace that faces Grand Central. Office floors yield floor-to-ceiling slab heights ranging from 14.5 feet to 24 feet, column-free floor plates, and 360-degree views through floor-to-ceiling windows. Tenants are expected to start moving into the 77-story tower in November, Yimby noted.
  • Worth Noting: The Vanderbilt Corridor rezoning passed in 2015, and SL Green invested $220 million in public improvements in the area. The observatory is scheduled to open in October 2021. [NYPost+WSJ+CO+Yimby]

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