Green's 12,000 s/f deal at One Mad.SL Green Realty Corp. has completed a new 10-year lease agreement at One Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. with Situsreal NY, Inc, a consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. in connection with real estate acquisitions and financing. The new lease for part of the fifth floor covers 12,064 s/f. Matt Leon and Ryan Kass of Newmark Knight Frank represented the tenant and David Turino of SL Green Realty Corp. represented the landlord in this transaction. Spanning 23rd and 24th streets along the east side of Madison Square Park, One Madison Avenue, originally constructed by Metropolitan Life Insurance Company for its corporate headquarters, is practically a New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. landmark with its 14-story art-deco tower, comprising 1.2 million square feet of office space which is 99% leased with 95.5% occupied by Credit Suisse. Steven Durels, director of leasing for SL Green, said, "We're very pleased to welcome Situsreal NY to its new headquarters at One Madison Ave." |
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