SL Green sells half of One Madison to Hines, NPS of Korea

SL Green has sold 49.5 percent of its interest in One Madison Avenue to Hines and the National Pension Service of Korea in a joint venture partnership, the companies announced Tuesday. SL Green and Hines will co-develop the project, which will span 1.4 million square feet and cost $2.3 billion. Hines and the National Pension Service of Korea have committed at least $492.2 million in equity to the project. The three companies have also partnered

source https://therealdeal.com/2020/05/05/sl-green-sells-half-of-one-madison-to-hines-nps-of-korea/