"Fundamentals in the New York City office market remain robustfueled by strong demand from tenant growth," says Steven Durels, SLGreen's EVP of leasing. "Millwork is a marquee tenant and we'redelighted they have selected 1372 Broadway to anchor theirbusiness. This transaction illustrates the strength of ourcommitment to service the on-going needs of our tenants."

The 10-year lease signed by Millwork, a subsidiary of HongKong-based Li & Fung a consumer goods company, gives it theentire third and fourth floors of the 21-story building. Theoriginal lease for 43,708 sf was signed in August of 2002 for 10years, Durels tells GlobeSt.com. Current asking rent in thebuilding is $48 per sf.The more than 70,000 sf Millwork is takingwill bring the facility to 100% occupancy, Durels says. Other majortenants in the 534,000-sf building include Ross Stores Inc. and AnnTaylor Inc.

Millwork will use the space as both offices and showrooms.