The Moinian Group plans to buy SL Green Realty’s stake in 3 Columbus Circle, seven years after the real estate investment trust swooped in to save the project from foreclosure. SL Green is selling its 48.9 percent stake in the office building in a deal that will net the REIT $223.3 million “after certain transaction costs,” the Wall Street Journal. The sale is expected to close in the fourth quarter of this year. The REIT […]
source https://therealdeal.com/2018/08/20/moinian-group-to-buy-out-sl-green-at-3-columbus-circle/
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