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PRESS RELEASE: SL Green Signs 23,406-Sq-Ft Lease With World Business Lenders At Tower 45

NEW YORK - SL Green Realty Corp. (NYSE: SLG) today announced that World Business Lenders LLC (WBL), a private provider of short-term and flexible commercial loans to small and mid-sized companies throughout the country, has signed a new headquarters lease covering 23,406 square feet on the entire 5th and 29th floors at 120 West 45th Street, aka Tower 45.

“We were delighted to welcome WBL at Tower 45,” said Steven Durels, Director of Leasing and Real Property for SL Green.  “They join a prestigious tenant roster which includes DE Shaw Research, Schrodinger, Inc., Pzena Investment Management and Tibco Software, Inc.”

Tower 45 recently completed an extensive redevelopment which included renovations to the outdoor plaza with a new water wall and three-story-high light sculpture suspended overhead, lobby upgrades, street front enhancements and new elevator cabs, common corridors and restrooms. 

Studley’s John Johnson represented WBL, while the Jones Lang LaSalle team of Paul Glickman, Frank Doyle, Mitti Liebersohn, Diana Biasotti and David Kleiner acted on behalf of SL Green.


About SL Green Realty Corp.

SL Green Realty Corp., New York City's largest office landlord, is the only fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of March 31, 2013, SL Green owned interests in 89 Manhattan properties totaling 41.6 million square feet. This included ownership interests in 25 million square feet of commercial properties and debt and preferred equity investments secured by 13.8 million square feet of properties. In addition to its Manhattan investments, SL Green holds ownership interests in 31 suburban assets totaling 5.4 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey, along with four development properties in the suburbs encompassing approximately 0.5 million square feet. The Company also has ownership interests in 31 properties totaling 4.5 million square feet in southern California.