Global advisory and investment banking firm Seabury Advisors Holdings LLC has signed a seven-year lease renewal covering 13,065 square feet across the entire 25th floor at SL Green Realty Corp.‘s 1350 Avenue of the Americas, Commercial Observer has learned.
The 35-story, 595,000-square-foot tower is situated in the heart of the Plaza District, offering sweeping Central Park views.
“We were delighted that Seabury elected to extend its tenancy with us,” said Steven Durels, executive vice president and director of leasing and real property for SL Green, in a statement sent to Commercial Observer. “There is no better testament to [a building’s] desirability than when a highly respected tenant decides to renew its lease.”
Augustus Field IV and David McBride from Cushman & Wakefield represented Seabury, while Howard Tenenbaum and Gary Rosen represented SL Green in-house.
The building was recognized by BOMA in 2010 as the Operating Building of the Year and serves clients in industries including aerospace, automotive, aviation, cargo/logistics, financial services, hospitality, insurance, manufacturing and maritime/offshore oil. A 2008 renovation outfitted the building with a new lobby and entrance, new restrooms, corridors and an in-building restaurant
Amazon, Highbridge Capital, Kane Kessler, P. Schoenfeld Asset Management and Rothstein Kass are among the buildings other tenants.
Seabury previously a subleased the space from MGM. Asking rents were $75 per square foot.