Language
DEEN
Letting··1 min read

Insurance and Real Estate Firms Lease 57,000 SF at SL Green's 1185 Avenue of the Americas

Two prominent companies, including international specialty insurer Ryan Specialty and real estate management firm Solil Management, have signed leases at SL Green's 1185 Avenue of the Americas building in Midtown Manhattan.

AI-generatedInsurance and Real Estate Firms Lease 57,000 SF at SL Green's 1185 Avenue of the Americas – AI-generated illustrative image
Insurance and Real Estate Firms Lease 57,000 SF at SL Green's 1185 Avenue of the Americas. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Two companies recently signed leases at SL Green Realty's '1185 Avenue of the Americas'. As part of the larger lease agreement, international specialty insurer Ryan Specialty signed a 10-year renewal and expansion lease at the 42-storey office property. The company now occupies 29,166 square feet across the entire 38th floor of the building, as announced by the landlord. Previously, Ryan Specialty occupied 12,803 square feet on part of the 23rd floor and is now relocating within the building.

The exact rent amount was not disclosed. However, the average asking rent for office space in Midtown in the second quarter of 2026 was USD 84.99 per square foot, based on data from Colliers. Ryan Specialty was represented in this transaction by Howard Grufferman, Catherine Soderquist, and Ryan Barr of Colliers. The landlord side was represented by Brian Waterman, John Fanuzzi, Brent Ozarowski, David Waterman, and Kevin Sullivan of Newmark.

Further Signing in Midtown

Meanwhile, real estate management firm Solil Management has signed a new five-and-a-half-year lease for the property. The company occupies 27,508 square feet across the entire 10th floor of the building. SL Green noted that both the landlord and the tenant represented themselves in this deal.

Steven Durels, Executive Vice President and Director of Leasing and Real Property at SL Green, expressed his pleasure regarding the new additions to the tenant roster. He stated that they were delighted to have both highly regarded firms as part of the building's premier tenant list. These transactions underscored the continued strength of tenant demand for well-located, high-quality office space in Midtown Manhattan.

Other tenants at '1185 Avenue of the Americas' include energy company Hess and law firm Groombridge, Wu, Baughman & Stone. These new lettings solidify the building's position as an attractive location for various industries in the heart of Manhattan.

Looking for
a real estate
agent?

Michael Freitag — founder of FREITAG® Immobilien
Michael Freitag
Founder of FREITAG® Immobilien GmbH
More than 15 years of experience in Bavaria & surroundings
— FREITAG Immobilien

Your discreet partner for institutional transactions in German-speaking Europe.

As a premium real estate firm based in Munich we advise investors, family offices, developers and long-term holders on the acquisition, sale and valuation of residential, income and commercial properties — confidential, close to the market and on equal terms.

3.600+
municipalities on our market radar
48 h
first assessment of your property
Off-market
discreet circle of buyers
DACH
DE · AT · CH
— Confidential contact

Let us talk about your portfolio.

Acquisition profiles, off-market opportunities, valuations or development enquiries — we reply personally within 24 hours, NDA as a matter of course.

Phone
+49 (0) 89 158 90 140
Email
E-Mail anzeigen
Office
Munich
More news
Most read in the journal