After months of talks, SL Green Realty is officially buying a stake in HNA Group’s office building 245 Park Avenue. The size of SL Green’s stake and the price paid is unknown as of now, however a person knowledgeable of the deal told the Wall Street Journal that SL Green had operating control of the property as well as a preferred position in its joint venture. The Chinese conglomerate originally bought the building for $2.2 […]
source https://therealdeal.com/2018/06/24/sl-green-to-buy-controlling-stake-in-245-park-from-hna-group/
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