SL Green Announces Acquisition of 245 Park Avenue
NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattans largest office landlord, today announced that it has acquired 245 Park Avenue.
- NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattans largest office landlord, today announced that it has acquired 245 Park Avenue.
- SL Green will immediately embark on repositioning the asset, focusing on improvements to both the Park Avenue and Lexington Avenue lobbies, the Park Avenue plaza, retail storefronts, and numerous infrastructure upgrades.
- 245 Park Avenue is perfectly suited for our portfolio, strengthening our dominant presence in the Grand Central/Park Avenue submarket with one of the best buildings on Park Avenue.
- Occupying the entire block between 46th and 47th Streets, 245 Park Avenue is among the largest buildings on Park Avenue and has direct access to Grand Central Terminal.