Thursday, 10 May 2018

2 Herald Square’s lender SL Green acquires leasehold

After a lengthy battle among several investors, SL Green Realty acquired the leasehold for the troubled Midtown office building 2 Herald Square, The Real Deal has learned. SL Green, the property’s lender, announced Thursday it had successfully bid on the leasehold interest, which it was in the process of foreclosing on. The real estate investment trust also said it reached an agreement with an Israeli partner, but did not disclose the identity or the purchase […]



source https://therealdeal.com/2018/05/10/2-herald-squares-lender-sl-green-acquires-leasehold/

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