SL Green forms joint venture with Mori Building for 346 Madison Avenue development valued at $175 million
SL Green Realty Corp.
SL Green Realty Corp. SLG | 0.00 |
- SL Green sold a 49% joint venture stake in the 346 Madison Avenue development to Mori Building at a gross valuation of USD 175 million.
- SL Green will retain 51% of the project, taking the development and leasing manager roles.
- The partners plan a 46-story, roughly 850,000-rentable-square-foot office tower in East Midtown near Grand Central Terminal.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SL Green Realty Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605271605PRIMZONEFULLFEED9727600) on May 27, 2026, and is solely responsible for the information contained therein.
