SL Green, Harel Team Up To Build 2nd Pace University Dorm

Law360, New York (August 22, 2012, 1:39 PM EDT) -- New York landlord SL Green Realty Corp. has entered into another joint venture with Israeli insurance and finance company Harel Group to build a 30-story dormitory for Pace University in Manhattan, the partnership's fourth such project in two years, the companies said Wednesday.

The dorm will be built at 33 Beekman St. in the city's financial district and will include both student housing and ground-floor recreational space, according to a statement. Construction is expected to begin in April and be completed by August 2015.

The project is the second Pace University dorm SL Green has developed with Harel; the joint venture...

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