News: Brokerage

SL Green inks 121,441 s/f lease with BDO Seidman LLP at 100 Park Ave.

SL Green Realty Corp. has completed a new 15-year lease agreement with BDO Seidman LLP to occupy 121,441 s/f on floors 9 through 11 at 100 Park Ave. The transaction raises building occupancy from 67% to 80%. BDO Seidman is one of the nation's largest financial consulting and accounting firms, with 37 offices nationwide and a global network comprised of more than 626 international member firms. "We're delighted to welcome BDO to the roster of blue chip tenants within the SL Green portfolio of buildings. BDO anchors the successful repositioning of the building," said Steven Durels, executive vice president and director of leasing and real property for SL Green, who added that the 825,815 s/f tower is nearing completion of an extensive $72 million capital improvement program that has transformed the 36-story glass and steel skyscraper into a modern classic and winner of the 2007-2008 BOMA award for best renovated building of the year. The redevelopment of the property included a new two-story atrium lobby, complete re-cladding of the façade featuring a glass curtain wall along Park Ave., 2,000 new insulated windows, new elevator cabs and extensive infrastructure upgrades. Additionally, 100 Park Ave. is on schedule to be one of the first existing commercial buildings to receive a silver LEED designation in Manhattan. Howard Ecker of Howard Ecker & Co. represented BDO Seidman in the transaction, while Cushman & Wakefield's Paul Glickman, Tara Stacom, Mitti Liebersohn, Alexander Chudnoff, Diana Biasotti, and Jonathan Tootell acted on SL Green's behalf.
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