SL Green Sells 50% Stake In 'Trophy Midtown Manhattan' Property At A $2B Valuation

SL Green Sells 50% Stake In 'Trophy Midtown Manhattan' Property At A $2B Valuation

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SL Green Realty Corp SLG sold a 49.9% stake in 245 Park Avenue in New York City to Mori Trust Co., Ltd. at a gross asset valuation of $2 billion. The sale of a joint venture interest in 245 Park Avenue is the largest component of the company's financial plan for 2023, following the successful $500…

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