Sl green signs 93,000-square-foot expansion lease with ibm at one madison avenue

New york, jan. 22, 2025 (globe newswire) -- sl green realty corp. (nyse: slg), manhattan's largest office landlord, today announced that it has signed a 92,663-square-foot expansion lease with ibm at one madison avenue, increasing ibm's total footprint at the property to 362,092 square feet. the 15-year lease covers the entire 7th floor and brings the building to 72% leased. this lease follows the strong 2024 portfolio-wide leasing momentum during which the company signed 188 leases covering 3,607,924 square feet. in addition, the company has a current, active pipeline of prospective leases of more than 875,000 square feet.
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