SL Green Realty (SLG) announced a joint venture for the ownership of 100 Park Avenue through SL Green’s sale of a 49% interest to Rockpoint at a gross asset valuation of $425.0 million. “We’re excited to begin our partnership with Rockpoint at 100 Park Avenue in a transaction that underscores the strength of high-quality office assets in premier locations in an improving Manhattan office market,” said Harrison Sitomer, Chief Investment Officer at SL Green.
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