Friday 6 November 2020

SL Green’s Hudson Yards deal is breakthrough for Manhattan’s i-sales market

In a typical year in Manhattan real estate, when tens of billions of dollars’ worth of property changes hands, an office tower that sells for less than $1 billion would at most raise an eyebrow or two. But in the Covid era, it’s being hailed as a victory. SL Green Realty’s deal this week to sell its Amazon-anchored West Side office tower for about $950 million — roughly $1,550 per square foot — set a



source https://therealdeal.com/2020/11/06/sl-greens-hudson-yards-deal-is-breakthrough-for-manhattans-i-sales-market/

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