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Office

Jan 22, 2025

1185 Sixth Avenue Heads Toward Being Fully Leased

SL Green’s 1185 Sixth Avenue continues to gain traction in the competitive office market, with a new lease deal and upcoming enhancements making headlines.

1185 Sixth Avenue Heads Toward Being Fully Leased

(Credit: SL Green)

Traded Media
Traded Media

Traded Editorial

1 min read

SL Green’s 1185 Sixth Avenue continues to gain traction in the competitive office market, with a new lease deal and upcoming enhancements making headlines. The latest transaction, a direct lease with Hartree Partners for 54,250 square feet, brings the iconic 1.1 million square-foot tower to 85% occupancy.

1185 Avenue of the Americas - 1185 6th Avenue, New York, NY Commercial  Space for Rent | VTS

Strong Leasing Activity Drives Success

Hartree Partners, formerly a subtenant, expanded its footprint in the building by signing a direct lease. This follows a year of robust leasing activity, during which the tower secured 180,000 square feet of new deals. The asking rent for Hartree’s lease was set at $75 per square foot, reflecting the property’s premium location and amenities.

The deal was facilitated by leading brokerage teams, with CBRE representing Hartree Partners and Newmark acting on behalf of SL Green, where Steven Durels leads leasing activity.

New Amenities: Carnegie Café

Adding to the tower’s appeal is the highly anticipated Carnegie Café, a large ground-floor restaurant set to open at the corner of West 57th Street. Occupying the space that previously housed the NHL store, the café is expected to bring a modern and vibrant dining option to the building.

Enhancing the Tenant Experience

Construction for Carnegie Café is set to begin soon, signaling continued investment in the property. With this new amenity, 1185 Sixth Avenue aims to further enhance the experience for its tenants and visitors, solidifying its position as a prime destination for businesses in Midtown Manhattan.

#New York#Office
Published: Jan 22, 2025Last updated: January 21, 2025