SL Green Signs New 64,000 Square Foot Lease with Sigma Computing at One Madison Avenue
SL Green Realty 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 Tête d'Or restaurant, The Commons tenant lounge, Chelsea Piers Fitness, and various retail offerings.
SL Green Realty Corp. (NYSE:SLG), il più 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 Tête d'Or di Daniel Boulud, la lounge per inquilini The Commons, la palestra Chelsea Piers Fitness e diverse offerte commerciali.
SL Green Realty 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 ocupación de la propiedad al 78.1%.
La compañía 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 millón de pies cuadrados en proceso. One Madison Avenue cuenta con inquilinos de primera categoría como IBM, Franklin Templeton, Coinbase, Flutter Entertainment y Palo Alto Networks.
La propiedad, diseñada por Kohn Pedersen Fox, ofrece comodidades de última generación que incluyen un sistema moderno de HVAC, el espacio para eventos Le Jardin Sur Madison, el restaurante La Tête d'Or de Daniel Boulud, el salón para inquilinos The Commons, el gimnasio Chelsea Piers Fitness y diversas tiendas.
SL Green Realty Corp. (NYSE:SLG)는 맨해튼에서 가장 큰 오피스 임대주로, One Madison Avenue 3층 일부에 대해 Sigma Computing과 64,077평방피트 규모의 새로운 임대 계약을 체결했습니다. 이 임대로 인해 건물의 점유율은 78.1%에 이르게 되었습니다.
이 회사는 2025년에 강력한 임대 모멘텀을 보여주었으며, 맨해튼 내 오피스 임대 계약 총면적이 126만 평방피트에 달하고, 추가로 약 100만 평방피트 규모의 임대 대기 물량이 있습니다. One Madison Avenue에는 IBM, Franklin Templeton, Coinbase, Flutter Entertainment, Palo Alto Networks 등 프리미엄 임차인이 입주해 있습니다.
Kohn Pedersen Fox가 설계한 이 건물은 최신식 HVAC 시스템, Le Jardin Sur Madison 이벤트 공간, Daniel Boulud의 La Tête d'Or 레스토랑, The Commons 임차인 라운지, Chelsea Piers Fitness 체육관 및 다양한 소매 매장 등 최첨단 편의시설을 제공합니다.
SL Green Realty Corp. (NYSE:SLG), le plus grand propriétaire de bureaux à Manhattan, a conclu un nouveau bail de 64 077 pieds carrés avec Sigma Computing pour une partie du 3e étage du One Madison Avenue. Ce bail porte le taux d'occupation de la propriété à 78,1%.
L'entreprise a montré un fort dynamisme en matière de location en 2025, signant des baux de bureaux à Manhattan totalisant 1,26 million de pieds carrés, avec un pipeline supplémentaire d'environ 1,0 million de pieds carrés. 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 propriété, conçue par Kohn Pedersen Fox, offre des équipements de pointe, notamment un système HVAC moderne, l'espace événementiel Le Jardin Sur Madison, le restaurant La Tête d'Or de Daniel Boulud, le salon pour locataires The Commons, la salle de sport Chelsea Piers Fitness, ainsi que divers commerces.
SL Green Realty Corp. (NYSE:SLG), der größte Bürovermieter in Manhattan, hat einen neuen Mietvertrag über 64.077 Quadratfuß mit Sigma Computing für einen Teil des 3. Stocks im One Madison Avenue abgeschlossen. Dieser Vertrag erhöht die Auslastung der Immobilie auf 78,1%.
Das Unternehmen zeigt im Jahr 2025 eine starke Vermietungsdynamik und hat Büroflächen in Manhattan mit einer Gesamtfläche von 1,26 Millionen Quadratfuß vermietet, mit einem weiteren Pipeline-Volumen von ca. 1,0 Million Quadratfuß. One Madison Avenue beherbergt Premium-Mieter wie IBM, Franklin Templeton, Coinbase, Flutter Entertainment und Palo Alto Networks.
Das von Kohn Pedersen Fox entworfene Gebäude bietet modernste Annehmlichkeiten, darunter ein modernes HVAC-System, den Veranstaltungsraum Le Jardin Sur Madison, das Restaurant La Tête 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 – 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 Realty Corp. (NYSE:SLG), Manhattan’s 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
“We’re 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,” said Steven Durels, Executive Vice President and Director of Leasing and Real Property at SL Green. “Midtown South leasing momentum has accelerated and we are encouraged by advanced discussions covering a significant portion of the remaining available space at the property.”
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’s 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 Realty Corp.
SL Green Realty 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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