NEW YORK CITY — SL Green Realty Corp. has signed First Republic Bank to a 211,521-square-foot lease at 460 W. 34th St. in the Hudson Yards neighborhood on Manhattan’s west side. First Republic Bank will occupy a portion of the ground and mezzanine floors with two new retail bank branches, as well as the entire second through sixth floors for its corporate office space. The lease term is 15 years. SL Green, which is self-described as the largest office landlord in New York City, had previously entered into a contract to purchase a majority and controlling interest in the building and is scheduled to close on the acquisition in May. Media outlets reported at the time that the acquisition values the 20-story office building at $440 million. SL Green plans to redevelop the 638,000-square-foot, Class A office tower with work to commence immediately following the acquisition. According to SL Green, the transaction marks the company’s first major investment in the Hudson Yards neighborhood. The building, located at the intersection of Hudson Yards and Manhattan West, was once known as the Master Printers Building. The redevelopment plans will honor that industrial heritage, according to SL Green. The project will include relocation …
