Citigroup to Acquire Manhattan Office Complex for $2 Billion

Updated on
  • Bank exercised option to buy Tribeca campus, landlord says
  • SL Green says transaction scheduled to close in December 2017

Citigroup Inc. will pay $2 billion for an office complex in Manhattan’s Tribeca neighborhood that’s home to its trading and investment-banking operations, having exercised an option that was part of an earlier agreement with landlord SL Green Realty Corp.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.