SL Green Signs New 64,000 Square Foot Lease with Sigma Computing at One Madison Avenue
SL Green AG真人官方ty Corp. (NYSE:SLG), Manhattan's largest office landlord, has secured a new 64,077 square foot lease with Sigma Computing for part of the 3rd floor at One Madison Avenue. This lease brings the property's occupancy to 78.1%.
The company has demonstrated strong leasing momentum in 2025, signing Manhattan office leases totaling 1.26 million square feet, with an additional pipeline of approximately 1.0 million square feet. One Madison Avenue features premium tenants including IBM, Franklin Templeton, Coinbase, Flutter Entertainment, and Palo Alto Networks.
The property, designed by Kohn Pedersen Fox, offers state-of-the-art amenities including a modern HVAC system, Le Jardin Sur Madison event space, Daniel Boulud's La T锚te d'Or restaurant, The Commons tenant lounge, Chelsea Piers Fitness, and various retail offerings.
SL Green AG真人官方ty Corp. (NYSE:SLG), il pi霉 grande proprietario di uffici a Manhattan, ha siglato un nuovo contratto di locazione di 64.077 piedi quadrati con Sigma Computing per una parte del terzo piano di One Madison Avenue. Questo accordo porta l'occupazione dell'immobile al 78,1%.
L'azienda ha mostrato un forte slancio nelle locazioni nel 2025, firmando contratti per uffici a Manhattan per un totale di 1,26 milioni di piedi quadrati, con un ulteriore portafoglio di circa 1,0 milione di piedi quadrati in fase di trattativa. One Madison Avenue ospita inquilini di prestigio come IBM, Franklin Templeton, Coinbase, Flutter Entertainment e Palo Alto Networks.
L'edificio, progettato da Kohn Pedersen Fox, offre servizi all'avanguardia tra cui un moderno sistema HVAC, lo spazio eventi Le Jardin Sur Madison, il ristorante La T锚te d'Or di Daniel Boulud, la lounge per inquilini The Commons, la palestra Chelsea Piers Fitness e diverse offerte commerciali.
SL Green AG真人官方ty Corp. (NYSE:SLG), el mayor arrendador de oficinas en Manhattan, ha asegurado un nuevo contrato de arrendamiento de 64,077 pies cuadrados con Sigma Computing para parte del tercer piso en One Madison Avenue. Este contrato eleva la ocupaci贸n de la propiedad al 78.1%.
La compa帽铆a ha mostrado un fuerte impulso en arrendamientos en 2025, firmando contratos para oficinas en Manhattan que suman un total de 1.26 millones de pies cuadrados, con una cartera adicional de aproximadamente 1.0 mill贸n de pies cuadrados en proceso. One Madison Avenue cuenta con inquilinos de primera categor铆a como IBM, Franklin Templeton, Coinbase, Flutter Entertainment y Palo Alto Networks.
La propiedad, dise帽ada por Kohn Pedersen Fox, ofrece comodidades de 煤ltima generaci贸n que incluyen un sistema moderno de HVAC, el espacio para eventos Le Jardin Sur Madison, el restaurante La T锚te d'Or de Daniel Boulud, el sal贸n para inquilinos The Commons, el gimnasio Chelsea Piers Fitness y diversas tiendas.
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SL Green AG真人官方ty Corp. (NYSE:SLG), le plus grand propri茅taire de bureaux 脿 Manhattan, a conclu un nouveau bail de 64 077 pieds carr茅s avec Sigma Computing pour une partie du 3e 茅tage du One Madison Avenue. Ce bail porte le taux d'occupation de la propri茅t茅 脿 78,1%.
L'entreprise a montr茅 un fort dynamisme en mati猫re de location en 2025, signant des baux de bureaux 脿 Manhattan totalisant 1,26 million de pieds carr茅s, avec un pipeline suppl茅mentaire d'environ 1,0 million de pieds carr茅s. One Madison Avenue compte parmi ses locataires des entreprises de premier plan telles qu'IBM, Franklin Templeton, Coinbase, Flutter Entertainment et Palo Alto Networks.
La propri茅t茅, con莽ue par Kohn Pedersen Fox, offre des 茅quipements de pointe, notamment un syst猫me HVAC moderne, l'espace 茅v茅nementiel Le Jardin Sur Madison, le restaurant La T锚te d'Or de Daniel Boulud, le salon pour locataires The Commons, la salle de sport Chelsea Piers Fitness, ainsi que divers commerces.
SL Green AG真人官方ty Corp. (NYSE:SLG), der gr枚脽te B眉rovermieter in Manhattan, hat einen neuen Mietvertrag 眉ber 64.077 Quadratfu脽 mit Sigma Computing f眉r einen Teil des 3. Stocks im One Madison Avenue abgeschlossen. Dieser Vertrag erh枚ht die Auslastung der Immobilie auf 78,1%.
Das Unternehmen zeigt im Jahr 2025 eine starke Vermietungsdynamik und hat B眉rofl盲chen in Manhattan mit einer Gesamtfl盲che von 1,26 Millionen Quadratfu脽 vermietet, mit einem weiteren Pipeline-Volumen von ca. 1,0 Million Quadratfu脽. One Madison Avenue beherbergt Premium-Mieter wie IBM, Franklin Templeton, Coinbase, Flutter Entertainment und Palo Alto Networks.
Das von Kohn Pedersen Fox entworfene Geb盲ude bietet modernste Annehmlichkeiten, darunter ein modernes HVAC-System, den Veranstaltungsraum Le Jardin Sur Madison, das Restaurant La T锚te d'Or von Daniel Boulud, die Mieter-Lounge The Commons, das Fitnessstudio Chelsea Piers Fitness sowie verschiedene Einzelhandelsangebote.
- New 64,077 square foot lease brings One Madison Avenue to 78.1% occupancy
- Strong 2025 leasing performance with 1.26 million square feet of Manhattan office leases signed
- Robust pipeline of approximately 1.0 million square feet in advanced discussions
- Premium tenant roster including major companies like IBM, Franklin Templeton, and Coinbase
- 21.9% of One Madison Avenue space remains unleased
Insights
SL Green's new lease with Sigma Computing boosts One Madison Avenue to 78.1% occupancy, signaling strong Midtown South leasing momentum.
SL Green's new 64,077 square foot lease with Sigma Computing represents meaningful progress in filling their flagship One Madison Avenue property, bringing the building to
The increasing occupancy at One Madison Avenue demonstrates SL Green's ability to attract quality tenants despite persistent challenges in the commercial office market. The tenant roster now includes notable companies like IBM, Franklin Templeton, Coinbase, Flutter Entertainment, and Palo Alto Networks 鈥� representing a diverse mix of established corporations and growing technology firms.
The executive's statement about accelerating leasing momentum in Midtown South and "advanced discussions covering a significant portion of the remaining available space" suggests potential for further occupancy gains in the near term. This positive leasing trajectory is particularly important as SL Green works to stabilize this ambitious adaptive reuse project.
One Madison Avenue's emphasis on wellness features, premium amenities, and sustainability elements (including 100% fresh air HVAC systems) aligns with post-pandemic tenant preferences for high-quality office environments. These differentiating factors likely contribute to the property's leasing success despite the broader market's continued adjustment to hybrid work models.
NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- SL Green AG真人官方ty Corp. (NYSE:SLG), Manhattan鈥檚 largest office landlord, today announced it has signed a new 64,077 square foot lease with Sigma Computing, Inc. for a portion of the 3rd floor at One Madison Avenue, bringing the property to
鈥淲e鈥檙e excited to welcome Sigma Computing to One Madison Avenue where they join a sterling tenant roster that includes IBM, Franklin Templeton, Coinbase, Flutter Entertainment and Palo Alto Networks,鈥� said Steven Durels, Executive Vice President and Director of Leasing and AG真人官方 Property at SL Green. 鈥淢idtown South leasing momentum has accelerated and we are encouraged by advanced discussions covering a significant portion of the remaining available space at the property.鈥�
Designed by renowned architect Kohn Pedersen Fox, One Madison Avenue is the most ambitious adaptive reuse project in New York City, uniquely located overlooking Madison Square Park. One Madison Avenue offers industry-leading amenities and a wellness-focused work environment, designed to enhance productivity and well-being. The building鈥檚 innovative features include a state-of-the-art HVAC system that circulates
The tenant was represented by Brent Ozarowski of Newmark. The landlord was represented by Paul Glickman, Alex Chudnoff, Ben Bass and Diana Biasotti of JLL.
About SL Green AG真人官方ty Corp.
SL Green AG真人官方ty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of June 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet. This included ownership interests in 27.2 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments.
Forward Looking Statement
This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as future capital expenditures, dividends and acquisitions (including the amount and nature thereof), development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms.
Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.
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