Press Release Details

Law Firm Nixon Peabody Leases 66,000+ Square Feet; Comcast Cable Signs on for 45,000+ Square Feet

NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE:SLG) today announced that two tenants have signed leases totaling 111,342 square feet at 55 W. 46th St., also known as Tower 46, the 34-story office tower jointly owned by SL Green and Prudential Real Estate Investors.

Prominent law firm Nixon Peabody LLP signed a 15-year lease covering 66,297 square feet for floors 23-25 and Comcast Cable Communications Management LLC, a subsidiary of Comcast Corporation which develops, manages, and operates broadband communication networks, signed a 10-year lease covering 45,045 square feet on the building's top two floors.

"We're delighted to welcome these industry leading tenants," said Steven Durels, Executive Vice President, Director of Leasing and Real Property for SL Green. "These transactions highlight the appeal of Tower 46'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."

Timothy Dempsey, Michael Monahan and Ramneek Rikhy of CBRE acted on behalf of Nixon Peabody, while Michael Gottlieb and David Fahey of Avison Young represented Comcast Cable. The CBRE team consisting of Peter Turchin, James Ackerson, Sam Seiler, Cara Chayet and Christie Harle represented the landlord in both transactions.

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 September 30, 2016, SL Green held interests in 125 Manhattan buildings totaling 46.6 million square feet. This included ownership interests in 28.1 million square feet of commercial buildings and debt and preferred equity investments secured by 18.6 million square feet of buildings. In addition, SL Green held ownership interests in 30 suburban buildings totaling 4.8 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

View source version on businesswire.com: http://www.businesswire.com/news/home/20161020005688/en/

Steven Durels, Exec VP,
Director of Leasing and Real Property
SL Green Realty Corp.
(212) 216-1617

Source: SL Green Realty Corp.

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