SL Green Rides Tech Momentum in Rebounding NYC Office Market
SL Green Rides Tech Momentum in Rebounding NYC Office Market
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July 18, 2025 | New York City
Manhattan’s largest office landlord, SL Green Realty, is reporting continued momentum in New York’s office market. According to the company’s quarterly update, its redeveloped One Madison Avenue tower has reached 78.1% occupancy—thanks largely to renewed leasing activity from tech sector tenants.
The return of major technology firms is fueling optimism that New York’s office market is on a steady rebound. SL Green, which has set ambitious leasing goals for 2025, is seeing its strategy of repositioning and redeveloping assets begin to pay off.
One Madison, a centerpiece of SL Green’s portfolio, has emerged as a key example of what’s working in today’s post-pandemic leasing landscape—modernized space, flexible configurations, and desirable Midtown South location.
While the full CoStar article is subscriber-only, the key takeaway is clear: with tech tenants returning and SL Green pushing toward full lease-up, the tide may be turning for New York’s high-stakes office market.
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