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Michael Bloomberg Expands Lease At SL Green Realty's 919 Third Avenue To 924,876 Square Feet

Property Image
LEASED
Alexander (Alex) D’Amario
Nicole Marshall
+ 5

New York

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Office924,876 SF
Leased 10/16/2024
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Property Image
LEASED

Michael Bloomberg Expands Lease At SL Green Realty's 919 Third Avenue To 924,876 Square Feet

919 3rd Avenue

See Similar Deals
Office924,876 SF
Leased 10/16/2024
Alexander (Alex) D’Amario
Nicole Marshall
+ 5
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:924,876 SF
Transaction Type:Lease

The asset involved in this transaction is an office space located at 919 3rd Avenue in Midtown East, measuring 924,876 square feet. The landlord for this property is SL Green Realty.

Summary of transaction details:

The deal includes an 11-year lease renewal and expansion for Bloomberg, set to begin in 2029. This follows a similar transaction where Bloomberg renewed an 11-year lease for 946,815 square feet at 731 Lexington Avenue in May.

Players

Christopher W. Mansfield
14 deals
BROKER

Alexander (Alex) D’Amario
CBRE
9 deals(212) 984-6697
BROKER

Nicole Marshall
CBRE
5 deals
BROKER





Details

LEASED
IMAGE: Ryan Luck, Robert Alexander, Taylor Callaghan, Howard Fiddle, Zachary Weil, Michael Bloomberg, Alexander D’Amario, Ryan Alexander, Emily Chabrier, Christopher Mansfield & Nicole Marshall DATE: 10/16/2024 ADDRESS: 919 3rd Avenue MARKET: Midtown East ASSET TYPE: Office ~ SF: 924,876 LANDLORD: SL Green Realty TENANT: Michael Bloomberg (@MikeBloomberg) - Bloomberg BROKERS: Howard Fiddle (@HowardFiddle), Christopher Mansfield, Zachary Weil, Ryan Luck (@RyanLuck3), Robert Alexander, Ryan Alexander, Emily Chabrier (@EmilyChabrier), Taylor Callaghan, Alexander D’Amario & Nicole Marshall - CBRE (@CBRE) NOTE: Bloomberg renewed and expanded its lease at SL Green Realty’s 919 Third Avenue to 924,876 square feet, with the new 11-year term starting in 2029. This follows a similar 11-year renewal for 946,815 square feet at 731 Lexington Avenue in May.

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Deal Type
Effective Rent (Annual)

$53,013,334.21

Total Lease Value

$530,133,342.10

Net Landlord Cash Flow$53,013,334.21