Press Release Details

Global Sportswear Brand Will Relocate Originals Boutique to Prime SoHo Location

NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE: SLG), an S&P 500 company and New York City's largest commercial property owner, today announced that Adidas has signed a 10-year lease at 115 Spring Street, a prime location in one of Manhattan's strongest retail areas. The two-level 5,218 square foot space will be the new home of the sportswear company's Originals boutique.

SL Green acquired the retail condominium at 115 Spring Street, between Mercer and Greene streets, in 2014.

SL Green Managing Director Brett Herschenfeld commented, "We are proud to welcome Adidas to our portfolio of world-class retail tenants. We believe this lease further demonstrates the strength of the SoHo market and its versatility in attracting all segments of retailers as a result of its consistent growth in tourism and local demographics."

RKF's Jeremy Ezra represented the tenant in the transaction announced today. SL Green was represented by Ariel Schuster and Ross Berkowitz, also of RKF.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and 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 March 31, 2015, SL Green held interests in 117 Manhattan buildings totaling 43.6 million square feet. This included ownership interests in 29.0 million square feet of commercial buildings and debt and preferred equity investments secured by 14.6 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 37 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/

Forward-looking Statement

This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements are described in our filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

SLG- LEAS

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SL Green Realty Corp.
Andrew Mathias
President
-or-
Matt DiLiberto
Chief Financial Officer
212.594.2700

Source: SL Green Realty Corp.

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