One Vanderbilt, SL Green's new construction in Midtown East One Vanderbilt, SL Green’s new construction in Midtown East

NEW YORK CITY—The Carlyle Group has expanded its 15-year lease by an additional 32,592 square feet, taking the entire 35th floor at SL Green Realty Corp.’s One Vanderbilt. The private equity firm will now occupy 127,744 square feet across the 35th through 38th floors of the 77-story office tower—one of the most talked-about new construction projects underway in the city. As reported by GlobeSt.com in November, asking rents in the building range from $140 per square foot for base floors to $200 and up per square foot for upper top levels.

The 1,401-foot building is now 54% leased. A source close to the deal tells GlobeSt.com that the expected date of completion is still August 2020, and Carlyle is scheduled to move in shortly thereafter.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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