Insurance, Real Estate Firms Take 57K SF at SL Green’s 1185 Avenue of the Americas

July 20, 2026 - 20:12

Two major companies have signed new leases totaling 57,000 square feet at SL Green Realty Corp.'s 1185 Avenue of the Americas, a 42-story office tower in Midtown Manhattan. The largest of the deals involves international insurance specialist Ryan Specialty, which committed to a 10-year renewal and expansion at the property. The firm will now occupy a larger footprint within the building, reflecting its growing workforce and long-term confidence in the location.

The second lease was secured by a real estate investment firm, though specific terms of that agreement were not disclosed. The transactions mark a continued vote of confidence in the Class A office market, particularly in high-demand corridors like Sixth Avenue. SL Green, the city's largest commercial landlord, has been actively repositioning its portfolio to attract tenants seeking modern amenities and prime access to transit.

The building at 1185 Avenue of the Americas offers tenants a range of upgrades, including renovated lobbies and enhanced HVAC systems, which have become key selling points in a competitive leasing environment. With these new agreements, the property's occupancy rate has improved, signaling a slow but steady recovery in Manhattan's office sector. Brokers involved in the negotiations highlighted the building's central location and infrastructure as decisive factors for both tenants.