SL Green Realty Corp. has sold a 49 percent stake in Manhattan's 220 East 42nd St. in a deal that values the 1.1 million-square-foot office building at $790.1 million, or $718.27/sf. The New York REIT sold the stake to a fund managed by Meritz Alternative Investment Management of South Korea. SL Green, which retained a […]

Read more of this post