L&L Holding is buying the fee interest on the 635 Madison Avenue office building in Midtown, sources confirmed on Monday. iStar, a real estate investment trust, had previously been in contract to acquire the interest, for a reported price of $151 million. But L&L, which owned the interest in 2014 before selling it SL Green Realty, retained a purchase option, which it has now exercised. An iStar affiliate, Safe, Income and Growth, Inc., reported losing […]
source https://therealdeal.com/2018/07/02/sl-green-sells-fee-interest-in-635-madison-but-not-to-istar/
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