SL Green Signs 40,000 SF Expansion With Yelp At Eleven Madison Avenue

8/16/17

Building Occupancy Increased to 100%

SL Green Realty Corp (NYSE: SLG), New York City’s largest commercial landlord, announced today that Yelp, Inc. has signed a 39,565-square-foot 7+ year expansion lease for is New York office at 11 Madison Avenue.

Yelp is a leading on-line service founded in 2004 to help users find great local businesses. The new lease now brings Yelp’s total occupancy to 191,797-square feet on floors 14, 16, and part of 17, in the 29-story building,

“We are delighted to accommodate Yelp’s continued growth at Eleven Madison,” said Steven Durels, executive vice president, director of leasing and real property for SL Green, who added that “the building is now 100% leased”.

The 2.3-million-square-foot building is also home to Credit Suisse, Sony Corporation of America and the William Morris Agency.

Scott H. Gamber from CBRE represented Yelp in the transaction, while SL Green’s David Kaufman and Natasha Brown acted in-house for the landlord.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and New York City's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30, 2017, the Company held interests in 119 Manhattan buildings totaling 47.4 million square feet. This included ownership interests in 27.5 million square feet of Manhattan buildings and debt and preferred equity investments secured by 19.9 million square feet of buildings. In addition, the Company held ownership interests in 29 suburban buildings totaling 4.6 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey. To be added to the Company's distribution list or to obtain the latest news releases and other Company information, please visit our website at www.slgreen.com or contact Investor Relations at (212) 594-2700.

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