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Two firms join tenant roster at 461 Fifth.

SL Green Realty Corp. announced it has completed lease agreements for two new tenants covering a total of 13,847 s/f at 461 Fifth Avenue, the 26-story tower directly across from the New York Public Library which won BOMA's Operating Office of the Year Award in 1995.

Tudor Investment Corporation signed a new 7,134 s/f, four-year lease for the entire fourteenth floor. The Tudor Group, which consists of Tudor Investment Corporation and its affiliates, is involved in active trading, investing and research in the global equity, debt, currency and commodity markets.

DellaCamera Capital Management LLC signed a 6,713 s/f, five-and-a-half year lease to occupy the entire tenth floor of 461 Fifth Avenue.

DellaCamera is a domestic and offshore hedge fund, which focuses on investments in public and private secured debt, other alternative finance assets, distressed debt and trade claims, liquidations/reorganizations, equities, options, and derivatives among other securities.

"461 Fifth Avenue continues to attract high-profile financial tenants," said Steven M. Durels, executive vice president and director of leasing for SL Green. "These transactions included the simultaneous negotiation of an early lease cancellation covering both floors."

The post modern building offers a stellar location just two blocks from Grand Central Terminal, column-free space in the tower floors and park views. The tenant roster includes U.S. Bank National Association, Marathon Asset Management, American Capital Strategies, Shenkman Capital Management, NTT DoCoMo and Everest Reinsurance.

Kenneth Ruderman of Studley represented Tudor Investment Corporation. Silvio Petrillo of CBRE brokered the transaction on behalf of DellaCamera, and Lawrence Swiger acted in-house for SL Green in both deals.

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Title Annotation:NATIONAL ROUND-UP
Comment:Two firms join tenant roster at 461 Fifth.(NATIONAL ROUND-UP)
Publication:Real Estate Weekly
Date:Aug 27, 2008
Previous Article:Class A apartment sale announced.
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