SL Green Realty (SLG), together with its jointe venture partner Jeff Sutton’s Wharton Properties, announced that it has closed on the sale of 690 Madison Avenue for $54.5 million. “The sale of 690 Madison Avenue underscores the continued trend of significant demand for flagship locations occupied by high-end retail users along Manhattan’s finest retail corridors,” said Harrison Sitomer, Chief Investment Officer at SL Green. “We’re proud to have positioned the asset to an owner that shares our long-term vision.”
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