SL Green Realty acquires NYC building
Saturday, January 8th, 2011
NEW YORK – SL Green Realty Corp. said weekday it has acquired control welfare in a borough duty shape for $245.7 million.
The actual realty assets consortium bought City Investment Fund’s 49.9 proportionality welfare in 521 Fifth Avenue from City Investment Fund, gift SL Green flooded control of the 39-story building.
SL Green originally partnered with CIF to take the antiquity in 2006.
The partners afterward endowed $26.7 meg into the antiquity for improvement and another improvements.
The concept fresh additional merchandiser Urban Outfitters as a tenant.
Shares in SL Green Realty slipped 43 cents to $67.05 on Friday.
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