SL Green Realty Corp. announced that Stonepeak Partners, L.P., a leading international alternative investment firm, has signed a new 76,716 square foot, 15-year lease covering the entire 31(st) and 32(nd) floors at 245 Park Avenue. To date in 2023, SL Green has signed leases totaling 199,872 square feet in the building.

SL Green has retained Kohn Pederson Fox to lead a redevelopment design which includes the installation of a jewel-like terra cotta overclad of the Park Avenue façade, new windows, new lobby and elevator cabs, spectacular plaza featuring colonnades of columnar trees, a cutting-edge 17,000 square foot wellness center with newly imagined golf lounge and grab-n-go, new 10,000 square foot, plaza level fine dining restaurant and new rooftop restaurant with beautifully landscaped roof patio.