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SL Green Sells 49% Stake in 346 Madison Avenue to Mori Building Co.

SL Green Realty has sold a 49 percent stake in 346 Madison Avenue to Japanese developer Mori Building Company at a gross valuation for the office tower of $175 million, SL Green announced Wednesday. T

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Summary

SL Green Realty has sold a 49 percent stake in 346 Madison Avenue to Japanese developer Mori Building Company at a gross valuation for the office tower of $175 million, SL Green announced Wednesday.

The two companies will form a joint venture to develop a new 46-story, 850,000-square-foot office tower at the Midtown site one […]

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