What is the story about?
What's Happening?
SL Green's 1185 Sixth Ave. has reached over 90% leasing, with Moroccanoil signing a 10-year deal for 39,799 square feet. The tower's leasing success reflects the Midtown leasing boom, with major tenants like Syska Hennessey and Industrial & Commercial
Bank of China. The Carnegie Diner & Cafe has also opened on the ground floor.
Why It's Important?
The high leasing rate at 1185 Sixth Ave. underscores the demand for prime office space in Midtown Manhattan, reflecting broader trends in commercial real estate. This success may influence future developments and investment strategies in the area, impacting the local economy and business landscape.
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