SL Green signs lease renewal with BMW in Manhattan

SL Green signs lease renewal with BMW in Manhattan

SL Green Realty Corp., an S&P 500 company and a fully integrated real estate investment trust, or REIT, has signed 10-year lease renewal with BMW of Manhattan for 227,000-square-foot at 555 West 57th Street.

BMW of Manhattan occupies the entire second, third, and fourth floors together with portions of the ground and concourse levels.

Scott Panzer and Matt Rosen of Jones Lang LaSalle represented the tenant in this lease renewal transaction, while SL Green was represented in-house.

Originally known as the Ford Motors Building, 555 West 57th Street offers Class A office space with panoramic views of the Hudson River and the Manhattan skyline. The 20-story building has been fully modernized with newly-completed entrances, an outdoor plaza, hallways, and bathrooms.

Other notable tenants in the building include CBS Broadcasting, Inc., City University of New York, Greater New York Hospital Association, and Mt. Sinai/Beth Israel. Close to Columbus Circle, Lincoln Center, and major transportation hubs, 555 West 57th Street sits in a prime area of the west side office market.