SL Green got the ball rolling with its plan to sell $2.5 billion worth of property. The REIT sold a minority stake in the office building at 100 Park Avenue to Rockpoint at a $425 million valuation, The Real Deal has learned. The Marc Holliday-led company bought a 49 percent stake in the 900,000-square-foot building from its partner Prudential in December 2024, at a $360 million valuation, and then injected some of its own equity into the property before flipping the interest to Rockpoint before the start of the new year. The 1940s-era office building just south of Grand Central […]
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