SL Green Launches Leasing at Manhattan Tower

The mixed-use building will be the district’s debut development under the Affordable New York Housing Program.
7 Dey St. Image courtesy of SL Green

Manhattan’s largest landlord, SL Green Realty Corp., along with real estate brokerage Douglas Elliman, has commenced leasing at 7 Dey Street, a new development in Lower Manhattan. The 34-story, mixed-use building will be the district’s debut development constructed under the aegis of the Affordable New York Housing Program.

The 260,000-square-foot building features 217,000 square feet of residential space. The 209 units offer a mix of studio, one-, two- and three-bedroom rental apartments.

The residences offer oversized living rooms, wall-to-wall windows, and in the kitchens, Bosch appliances, counter-to-cabinet porcelain backsplashes and quartz countertops. Amenities include two indoor lounges and outdoor terraces. The interiors of 7 Dey St. were designed by INC Architecture & Design.

Commercial space

The structure also features 17,000 square feet of flagship retail space spread across the basement, ground and second floor. Ground floor retail spaces sit right upon Broadway, and offer 22-foot high ceilings. Floors three through five will offer 26,000 square feet of commercial space. The building will provide two separate entrance lobbies, one for the residential and one for the commercial spaces. SL Green purchased the use of unutilized air rights from the Metropolitan Transportation Authority (MTA), which provided discretionary funding to the MTA. 

Located in the heart of Lower Manhattan’s Financial District, 7 Dey St. sits within the oldest part of New York City. The property is within walking distance of One World Trade Center, the National 9-11 Memorial and Museum, the Ellis Island National Immigration Museum, the Castle Clinton National Monument and Battery Park.

Three months ago, Parkview Financial provided $90 million in financing for mixed-use project 1 Park Row, also in Lower Manhattan’s Financial District.