When SL Green acquired 11 Madison Avenue for $2.6 billion from the Sapir Organization and CIM Group in 2015, CEO Marc Holliday called the full-block office property a “serious, serious office building” that would establish the firm as a major landlord in Midtown South. The 2.3 million-square-foot Art Deco tower next to Madison Square Park, built in phases between 1932 and 1952, was at one point designed to be the world’s tallest building before the
source https://therealdeal.com/2020/09/25/heres-what-tenants-are-paying-at-sl-green-pgims-11-madison-ave/
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