Thursday 23 April 2020

SL Green preparing $1B coronavirus cushion

The coronavirus pandemic has emptied SL Green’s office buildings and killed a big sale, but New York City’s largest commercial landlord has a plan. The goal: Beef up its balance sheet and its buildings to weather several months of uncertainty. On the operational side, the company is making plans to welcome tenants back as early as the second half of May, CEO Marc Holliday said on a first-quarter earnings call Thursday. On the financial side,



source https://therealdeal.com/2020/04/23/sl-green-preparing-1b-coronavirus-cushion/

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