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Manhattan’s Largest Office Space Owner Anticipates Increased Demand from Tech Firms

SL Green Updates Investors On Major Development Projects, 2020 Investment Goals
SL Green will add 18 additional column-free floors above the existing building as part of its redevelopment of One Madison in Manhattan's Flatiron district. (SL Green)
SL Green will add 18 additional column-free floors above the existing building as part of its redevelopment of One Madison in Manhattan's Flatiron district. (SL Green)
By Sean Evaro
CoStar Research
January 29, 2020 | 2:20 P.M.

One major takeaway from SL Green Realty Corp.’s recent year-end earnings conference call and investor presentation day was the shift in demand the Manhattan office REIT reports it is seeing among tech firms for redeveloped office space featuring large, open and efficient floor plans.

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