SL Green To Strengthen Portfolio With Acquisition of 500 Park Avenue
1. SL Green acquires 500 Park Avenue for $130 million, boosting its portfolio. 2. The building features luxury tenants, enhancing SLG's market position. 3. Leasing performance shows resilience with 140 Manhattan office leases completed. 4. SLG's mark-to-market increased by up to 12.4% this year. 5. Park Avenue market stability supports ongoing rental income growth.