Emery Roth

SL Green Announces Closing of 450 Park Avenue Acquisition in Newly Formed Joint Venture

Retrieved on: 
Wednesday, June 29, 2022
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NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattans largest office landlord, today announced that it closed on the previously announced acquisition of 450 Park Avenue in a newly formed joint venture.

Key Points: 
  • NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattans largest office landlord, today announced that it closed on the previously announced acquisition of 450 Park Avenue in a newly formed joint venture.
  • SL Green retained a 25.1 percent interest in the property and will oversee leasing and management of the property on behalf of the partnership.
  • The acquisition of this world-class asset is a meaningful enhancement to our growing investment management platform.
  • Located at the prestigious corner of 57th Street and Park Avenue, 450 Park Avenue is a prominent 33-story Class A tower designed by Emery Roth & Sons, totaling 337,000 square feet of luxury office and prime retail space.

SL Green Announces Acquisition of 450 Park Avenue

Retrieved on: 
Wednesday, April 20, 2022
Aston, SL Green Realty, 57th Street, SLG, COVID-19, U.S. Securities and Exchange Commission, Security (finance), 450 Park Avenue, Private Securities Litigation Reform Act, GLOBE, Ownership, Byron Trott, Emery Roth, Banco Bradesco, Oxford Properties, Forward-looking statement, NYSE, Investment, Park Avenue, REIT, Industry, Acquisition, CBRE, Trust, Midtown Manhattan

NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattans largest office landlord, today announced that it has entered into a contract to purchase 450 Park Avenue for $445.0 million from Oxford Properties.

Key Points: 
  • NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattans largest office landlord, today announced that it has entered into a contract to purchase 450 Park Avenue for $445.0 million from Oxford Properties.
  • Ideally located at the prestigious corner of 57th Street and Park Avenue, 450 Park Avenue is a prominent 33-story Class A tower designed by Emery Roth & Sons, totaling 337,000 square feet of luxury office and prime retail space.
  • Our investment in 450 Park Avenue represents the ideal asset for our first office acquisition since 2018 and further demonstrates our conviction in the vibrant East Midtown office corridor.
  • As the most recognizable thoroughfare in East Midtown, Park Avenue continues to attract top tier tenants and triple-digit rents, said Harrison Sitomer, Chief Investment Officer of SL Green.

Meet The New Park Lane New York, A Completely Reimagined Hotel Experience On Billionaires' Row

Retrieved on: 
Thursday, August 24, 2023
Zero, Scott, Textile, Waikiki, Industry, 59th Street (Manhattan), Museum, Highgate, Personality, Emery Roth, The Newbury Boston, Partnership, Billionaires Row, Lincoln Center, Park Lane, Waldorf Astoria Hotels & Resorts, City, Carnegie Hall, Scott Sartiano, View, Collection, Park Lane Hotel (Manhattan), Fifth Avenue, Food, Preferred Hotels & Resorts, Walking, Multimedia, Life, Lighting, Interior design, Hotel

Drawing from the hotel's natural exuberance and the wonders of Central Park's changing seasons, Park Lane stands as homage to the wonders which lay beside it.

Key Points: 
  • Drawing from the hotel's natural exuberance and the wonders of Central Park's changing seasons, Park Lane stands as homage to the wonders which lay beside it.
  • Throughout the property, New York City-based artists En Viu created playful murals for the guest rooms and public spaces that artfully guide the hotel experience.
  • "We've brought together an inimitable cast of collaborators including the globally acclaimed Yabu Pushelberg and visionary Scott Sartiano to create an inclusive, one-of-a-kind hospitality experience.
  • Joining sister hotels like The Newbury Boston, Modernhaus Soho, Hotel Figueroa, and more, we are very excited to offer the Highgate experience and service at the historic address of Park Lane."