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Future IBM Spinoff Takes Headquarters Space at SL Green’s One Vanderbilt in New York

Lease Signing Comes as Grand Central Area’s Office Vacancy Sits Higher Than City Average
SL Green Realty’s One Summit observatory, depicted here in a rendering, is part of the $3.3 billion One Vanderbilt development in New York. (SL Green Realty)
SL Green Realty’s One Summit observatory, depicted here in a rendering, is part of the $3.3 billion One Vanderbilt development in New York. (SL Green Realty)
CoStar News
May 14, 2021 | 8:38 P.M.

Kyndryl, the independent company that will be created after IBM separates its managed infrastructure services business, has signed a 22,531-square-foot, nine-year lease for its global headquarters at SL Green Realty’s new One Vanderbilt tower in New York.

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