{"id":35773,"date":"2025-11-11T05:25:09","date_gmt":"2025-11-11T05:25:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/35773\/"},"modified":"2025-11-11T05:25:09","modified_gmt":"2025-11-11T05:25:09","slug":"moroccanoil-takes-40k-sf-at-sl-green-midtown-tower-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/35773\/","title":{"rendered":"Moroccanoil Takes 40K SF at SL Green Midtown Tower \u2013 Commercial Observer"},"content":{"rendered":"

Luxury beauty products company Moroccanoil<\/a> has signed a 10-year lease for 39,799 square feet at SL Green<\/a>\u2019s 1185 Sixth Avenue.<\/p>\n

The company will be moving from 135 East 57th Street \u2014 which will be undergoing an office-to-apartments conversion \u2014 and will occupy the entire 33rd floor and part of the 32nd at its new address.<\/p>\n

SEE ALSO: Men\u2019s Retailer Takes 10K SF at Midtown Condo Tower<\/a><\/p>\n

The asking rent was $118 per square foot. Deborah Van Der Heyden, Yarden Drimmer, Tamar Wartanian and Andrew Chase of Cushman & Wakefield represented Moroccanoil. Brian Waterman, John Fanuzzi, Brent Ozarowski, David Waterman and Kevin Sullivan of Newmark<\/a> represented SL Green.<\/p>\n

The New York Post was first to report the deal<\/a>, which brings the 42-story building to more than 90 percent leased.\u00a0<\/a><\/p>\n

Moroccanoil sells a line of personal care products including shampoos, conditioners, moisturizers and perfumes. All products are infused with Moroccan argan oil, pressed from the nuts of Mediterranean argan trees.<\/p>\n

\u201cWe are excited to welcome Moroccanoil to 1185 Avenue of the Americas,\u201d Steven Durels, executive vice president and director of leasing and real property at SL Green, said in a statement. \u201cThis transaction continues the trend of strong leasing momentum throughout our entire Midtown portfolio, and underscores the increasing demand for well located, highly improved office space.\u201d<\/p>\n

The Sixth Avenue building opened in 1971 as J.P. Stevens Tower, after a pioneering textile firm, back when the area was more prominent for its proximity to the Garment District.\u00a0\u00a0<\/p>\n

SL Green came into possession of the 1.1 million-square-foot building between West 46th and West 47th streets when it purchased the building\u2019s owner, Reckson Associates Realty, in a merger valued at $6 billion, including the assumption of $2 billion in debt, according to a 2006 announcement from SL Green<\/a>.<\/p>\n

Other significant lease deals at SL Green properties of late include consulting and advisory firm Teneo Holdings<\/a> renewing 46,551 square feet<\/a> at 280 Park Avenue, and asset management firm Sagard Capital Partners<\/a> expanding from 8,936 square feet to 40,516 square feet in the same building, both in October and both for 10 years, as CO reported<\/a>. Also that month, Harvey AI<\/a> took 92,663 square feet<\/a> at SL Green\u2019s One Madison Avenue, also for 10 years, and the New York State Office of General Services (OGS) signed a 15-year, 66,106-square-foot expansion at SL Green\u2019s 919 Third Avenue, as CO reported<\/a>.<\/p>\n

Other tenants at 1185 Sixth Avenue include the engineering firm Syska Hennessy<\/a>; law firm Glenn Agre Bergman & Fuentes<\/a>; ICBC Standard Resources<\/a>, an arm of the Industrial and Commercial Bank of China<\/a>; energy investment firm Hartree Partners<\/a>; and insurance brokerage Lockton<\/a>.<\/p>\n

Larry Getlen can be reached at lgetlen@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Luxury beauty products company Moroccanoil has signed a 10-year lease for 39,799 square feet at SL Green\u2019s 1185…\n","protected":false},"author":2,"featured_media":35774,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[21071,21072,7612,21073,21074,10001,21075,21076,21077,21078,21079,21080,2361,75,84,83,9,24,21081,63,2362,4265,21082,13507,21083,21084],"class_list":["post-35773","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-1185-sixth-avenue","tag-135-east-57th-street","tag-280-park-avenue","tag-919-third-avenue","tag-andrew-chase","tag-brent-ozarowski","tag-brian-waterman","tag-david-waterman","tag-deborah-van-der-heyden","tag-j-p-stevens-tower","tag-john-fanuzzi","tag-kevin-sullivan","tag-leases","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-new-york-state-office-of-general-services","tag-nyc","tag-office-leases","tag-one-madison-avenue","tag-reckson-associates-realty","tag-steven-durels","tag-tamar-wartanian","tag-yarden-drimmer-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/35773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=35773"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/35773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/35774"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=35773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=35773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=35773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}