Pursuits
SL Green, Stonehenge to Buy NYC Properties for $416 Million
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SL Green Realty Corp., New York’s biggest office landlord, agreed to buy eight Manhattan retail and multifamily properties in a joint venture with Stonehenge Partners for $416 million.
The deal includes 724 Fifth Ave., in the world’s most expensive shopping district, New York-based SL Green said in a statement today. Prada SpA, the Milan-based luxury-goods maker, occupies about 20,700 square feet (1,900 square meters) in the building, according to the statement.