Nearwater Capital Exits One Vanderbilt for Redeveloped 245 Park Ave.

Specialty finance company Nearwater Capital is relocating from SL Green Realty Corp.’s One Vanderbilt into a 37,563-square-foot lease for the entire 28th floor at 245 Park Ave., SL Green’s newly redeveloped office tower adjacent to Grand Central Terminal. Nearwater will relocate from approximately 17,000 square feet at One Vanderbilt, more than doubling its New York...