Deals
SL Green Said to Buy Park Avenue Office Tower for $330 Million
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SL Green Realty Corp., New York’s biggest landlord, agreed to buy the 125 Park Avenue office building for $330 million from Shorenstein Properties LLC, according to a person with knowledge of the deal.
The 26-story tower between 41st and 42nd streets has 596,000 square feet and is 96 percent leased, said the person, who declined to be identified because the transaction isn’t public. The building is across from Grand Central Terminal.