TD Securities Signs Two SL Green Leases Renting 170,000 SF

One Vanderbilt under construction/ Photo by Max Touhey

NEW YORK CITY—TD Securities signed leases totaling 171,322 square feet in two SL Green owned office buildings. The investment bank and financial services provider signed a 20-year lease for 118,872 square feet, occupying the entire 10th and 12th floors and a portion of the 11th floor at One Vanderbilt Ave. TD Securities will join its affiliate TD Bank, which previously committed to 193,159 square feet of office space at the trophy tower.

The office portion of One Vanderbilt is now 52% leased, nearly two years ahead of the construction’s completion. It is scheduled to open in August 2020. Last month, GlobeSt.com took a tour and provided an update on the development’s progress including a slideshow. SL Green stated asking rents were in the range of $140 per square foot for base floors to $200 and up on upper tower levels. The New York Post reported asking rents were $160 per square foot on middle to higher floors.