
SL Green Forms Joint Venture With Rockpoint for 100 Park Avenue Ownership

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SL Green Realty Corporation has formed a joint venture with Rockpoint for the ownership of 100 Park Avenue in Midtown Manhattan. SL Green sold a 49% stake in the 36-story office tower, valued at $425 million, marking Rockpoint's first major post-COVID office investment. The partnership aims to enhance 100 Park Avenue's status as a premier office location near Grand Central Terminal.
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