SL Green Realty Corporation, Manhattan’s largest office landlord, recently announced the signing of a new 26,255-square-foot, ten-year lease with TD Bank at 125 Park Avenue in Midtown, Manhattan. The lease covers the entire eighth floor of the landmarked building. With this expansion, TD Bank now occupies a total of 130,057 square feet in the building, bringing 125 Park Avenue to 100 percent occupancy.
Photograph of 125 Park Avenue, via SL Green
Designed in the Beaux Arts style by architects York and Sawyer, in collaboration with John Sloan, 125 Park Avenue finished construction in 1923. The building is known for its ornate exterior design, which features sweeping arches and a terracotta façade.
Photograph of 125 Park Avenue, via SL Green
“As one of the fastest growing tenants within the SL Green portfolio, we are delighted to facilitate TD Bank’s ongoing expansion at 125 Park Avenue,” said Steven Durels, executive vice president and director of leasing and real property at SL Green. “Achieving full building occupancy is further confirmation of the strength of the Park Avenue corridor and increasing tenant desires to be located near Grand Central Terminal.”
125 Park Avenue is located on the corner of Park Avenue and 42nd Street, just steps away from Grand Central Terminal.
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The optics of this aren’t good: bragging about an expanding lease with an allegedly drug trafficking firm is bizarre. But such posh quarters for the Lords and dealers to trade from.
Toronto Dominion bank is a drug lord?
I buy all of mine from them.
This is one of my favorite brick buildings in the city and I am glad that it was finally landmarked and is doing well.
Grand Central Terminal is important to the city, and I want to see the amazing arches there: Thanks.