SL Green Realty Corp. and The Moinian Group announced they have signed a 23-year, 43,000-square-foot lease with Nordstrom to anchor three levels of retail space at 3 Columbus Circle. The complex transaction involved a series of lease modifications and relocations including the buyout of the corner bank branch in advance of lease expiration, continuing SL Green's strategy of replacing below market leases throughout its portfolio.

The new store will serve as an expansion of the Nordstrom full-line store, which is debuting on West 57th Street. Derek Trulson from Jones Lang LaSalle and Stephen Stephanou from Crown Retail Services represented Nordstrom, while Jeff Winick from Winick Realty Group acted on behalf of the landlord.