SL Green Realty will sell its fee interest at 635 Madison Avenue for $151 million, the company announced Thursday. The transaction is expected to close during 2018’s third quarter. iStar is the buyer of the fee, according to sources familiar with the deal. Ashkenazy Acquisitions, which purchased the ground lease at the 19-story, 176,530-square-foot office and retail tower between 59th and 60th streets in 2011, will continue to own the leasehold through 2030. SL Green […]
source https://therealdeal.com/2018/05/10/istar-buying-fee-interest-at-635-madison-from-sl-green-sources/
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