April 20, 2022

SL Green Paying $445M For Midtown Tower In First Office Buy Since 2018

The largest owner of Manhattan office space is making its made its first addition to its office holdings in four years. SL Green has reached a deal to buy 450 Park Ave., a 33-story, 337K SF skyscraper near Central Park, for $445M. The real estate investment trust expects to close on the acquisition from current owner Oxford Properties in the second quarter.

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