Transactions - JULY 23, 2015

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

SL Green acquires mixed-use property in Manhattan

by Zoë Wolff

SL Green has acquired the SoHo Building in New York City for approximately $255 million from Goldman Properties, according to a statement. The transaction is expected to close in third quarter 2015.

The New York City real estate market has seen strong sales volume, with $8.6 billion in transactions in the second quarter, according to Real Capital Analytics, and some $9.5 billion of deals are currently pending or have been completed so far in the third quarter. In the past two months, Manhattan properties have been acquired by Cornerstone Real Estate Advisers, Pershing Square Capital Management and Georgetown Co.,

Forgot your username or password?