Fried Frank Helps SL Green Buy 8 NY Properties For $416M

Law360, New York (February 1, 2012, 3:10 PM EST) -- New York's largest office landlord SL Green Realty Corp. has officially entered the residential property space with its $416 million purchase of an eight-building portfolio, the real estate investment trust said late Tuesday.

The acquisition includes 402 residential units and more than 600,000 square feet of retail space in midtown Manhattan.  Announced in October as a single planned transaction with Stonehenge Partners Inc., the purchase took the form of a $193.1 million, seven-building joint venture with Stonehenge that closed Monday and a one-building deal with real...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.