10:51 am, April 25, 2012
1745 BROADWAY
SL Green Realty Corp. today announced that Random House, Inc. has signed a 361,044 s/f? lease renewal agreement at 1745 Broadway, extending its occupancy at the property through mid-2023.
Random House will continue to occupy floors 2-13 for its corporate headquarters.
Random House, Inc., the U.S. division of Random House, the world?s largest print and trade book publisher and wholly-owned subsidiary of Bertelsmann AG, has been located at the property since the building was developed in 2003.
1745 Broadway is a 50-story building conveniently located between 55th and 56th Streets along New York?s most famous thoroughfare.? Designed by Skidmore, Owings & Merrill, the building features state-of-the-art infrastructure, efficient column-free floorplates and sweeping river views and is LEED-EB certified.
Steven Durels, executive vice president and director of real estate of SL Green, commented, ?We?re delighted that Random House has chosen to remain at 1745 Broadway and we look forward to providing the firm?s office needs for years to come. This lease confirms the on-going strength in demand for quality midtown buildings from a wide range of businesses.?
RICHARD BERNSTEIN
Richard Bernstein from Cassidy Turley represented Random House while SL Green was represented in-house in the transaction.
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