Press Releases July 16, 2026 06:37 PM

SL Green Continues SUMMIT Global Expansion in Tokyo

SL Green Realty Expands Its SUMMIT Immersive Observatory Experience to Tokyo, Following Upcoming Paris Opening

By Maya Rios
Share
Twitter Reddit Facebook LinkedIn
SLG

SL Green Realty Corp., Manhattan's largest office landlord, announced that its joint venture SUMMIT Entertainment Ventures will open a new immersive observatory experience in Tokyo, marking the second international location after the Paris site expected in 2027. This global expansion builds on the success of the original SUMMIT One Vanderbilt in New York City, which has attracted nearly 10 million visitors since 2021 and received multiple awards.

SL Green Continues SUMMIT Global Expansion in Tokyo
SLG
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • SL Green Realty's SUMMIT immersive observatory experience is expanding globally with a new Tokyo location, following the planned 2027 opening in Paris.
  • The initiative is a joint venture between SL Green and artist Kenzo Digital, focusing on innovative immersive art experiences in major international cities.
  • The expansion highlights SL Green's strategy to diversify beyond traditional real estate into experiential venues, impacting both commercial real estate and tourism sectors.

NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that SUMMIT Entertainment Ventures (SEV), the joint venture between SL Green and acclaimed artist Kenzo Digital, has reached an agreement to bring its world-renowned SUMMIT immersive observatory experience to the world’s third largest city, Tokyo. This destination will mark the second location announced as part of SEV's growing global portfolio, following on the heels of the success of SUMMIT One Vanderbilt in Manhattan and the opening of SUMMIT Paris anticipated in June 2027.

“Bringing the world-famous SUMMIT experience from New York City to Tokyo marks a monumental milestone for SL Green and our partnership with Kenzo Digital in one of the greatest cities in the world,” says Robert Schiffer, Executive Vice President, Development, SL Green. “The SUMMIT experience opening in Paris, and soon coming to Tokyo, will further our mission to bring transformative experiences to the most influential cultural markets around the globe.”

Helmed by Kenzo Digital Immersive (KDI), the artist behind the original SUMMIT One Vanderbilt, SEV will bring an evolution of SUMMIT’s signature design in New York City, that has become recognizable around the world, to the capital city of Tokyo.

“I am honored by the opportunity to create meaningful new art in Tokyo,” says artist Kenzo Digital. “My goal is to design an experience that is creatively innovative while honoring the principles that are fundamental to Japanese culture. I am deeply inspired by Japan’s remarkable traditions and practices that celebrate the natural world, ideas I will explore for a powerful and unique immersive experience.”

SEV began its global expansion with the forthcoming opening of SUMMIT Paris anticipated in June 2027, with more new locations around the globe to be announced. Crowning the top floors of Paris’ Triangle Building, SUMMIT Paris will complete the iconic skyline as part of the “last skyscraper” to be built in Paris.

Since opening in 2021, the original SUMMIT One Vanderbilt in New York City has welcomed nearly 10 million visitors and earned global recognition as the World Travel Awards’ Leading Tourist Attraction in North America (2024 and 2025), Tripadvisor Travelers’ Choice Awards, USA Today’s 10Best Immersive Art Experiences, Architizer’s A+ Awards, Fast Company’s Innovation by Design Awards, ELLE Magazine’s ‘Most Instagrammable Place in the World,’ and Tiqet’s Most Innovative Venue in the U.S.

About SL Green Realty Corp.

SL Green Realty Corp., Manhattan’s largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of March 31, 2026, SL Green held interests in 55 buildings totaling 30.8 million square feet which included ownership interests in 29.4 million square feet and 1.4 million square feet securing debt and preferred equity investments, excluding fund investments, and managed 3 buildings totaling 0.8 million square feet owned by third parties.

About SUMMIT Entertainment Ventures (SEV)
SUMMIT Entertainment Ventures (SEV) is a global immersive experience business, offering end-to-end expertise across consultancy, experiential design, and operations — partnering with leading destinations to build, launch, and manage world-class experiential venues.

Forward Looking Statement

This press release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as future capital expenditures, dividends and acquisitions (including the amount and nature thereof), development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “project,” “continue,” or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

PRESS CONTACT
[email protected]

SLG-GEN


Risks

  • The success of new international immersive venues depends on local market acceptance and cultural fit, which introduces operational uncertainty in Tokyo and Paris.
  • Forward-looking statements indicate risks related to future capital expenditures, occupancy rates, and other development activities that may not meet projections.
  • Broader risks include potential changes in commercial real estate demand and tourism trends, which could affect profitability and growth prospects.

More from Press Releases

Columbia Financial, Inc. Announces the Results of Its Offering; Final Merger Consideration; and Anticipated Closing Date Jul 16, 2026 Gregory Buckley Elected Executive Vice President and a Portfolio Manager of Adams Diversified Equity Fund Jul 16, 2026 IPG Photonics Announces Binding Offer to Acquire Lumibird Medical, Expanding IPG’s Medical Laser Growth Platform Jul 16, 2026 Algoma Steel Group Inc. to Announce 2026 Second Quarter Results July 29, 2026 Jul 16, 2026 Jasper Therapeutics Announces Merger with Kira Pharmaceuticals Jul 16, 2026