SL Green Realty Corp. Announces New Giorgio Armani Flagship Lease

SL Green Realty Corp. (NYSE:SLG), New York City's largest commercial property owner and an S&P 500 company, today announced a new lease agreement with Giorgio Armani Corp. that will allow Armani to remain in its flagship retail space at 760 Madison Avenue at rental rates reflective of today’s market.

SL Green Managing Director, Brett Herschenfeld, said, “While we were initially attracted to the development potential of 760 Madison Avenue, our ability to work with Giorgio Armani to achieve immediate market rental rates for an asset of this quality compelled us to enter into this flagship lease opportunity.”

SL Green CEO, Marc Holliday, said, “Giorgio Armani represents the epitome of fashion and we are thrilled to have executed a lease with them at one of New York City’s most sought after retail spaces. We have the utmost respect for Giorgio Armani and their executive team and are pleased to retain them in the SL Green portfolio at one of our finest retail assets.”

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and New York City's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of September 30, 2015, SL Green held interests in 121 Manhattan buildings totaling 43.2 million square feet. This included ownership interests in 30.6 million square feet of commercial buildings and debt and preferred equity investments secured by 12.6 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 35 suburban buildings totaling 5.3 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com/

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