SL Green to sell minority stake in Manhattan building
SL Green Realty Corp, a real estate investment trust, has agreed to sell its minority stake in 3 Columbus Circle, a building that occupies the entire block between Broadway and Eighth Avenue. The buyer is The Moinian, the owner of the remaining stake. The sale is expected to generate about $223 million. The deal is expected to close in the fourth quarter of this year. Currently, 3 Columbus Circle's tenants include Young & Rubicam, eMerge 212 and Jazz at Lincoln Center.
20 August 2018•3 mins read
