SL Green's $173M Office Buy Expands Midtown South Presence

Law360, New York (October 1, 2012, 7:35 PM EDT) -- SL Green Realty Corp. staked out more territory in Manhattan's growing Midtown South neighborhood with a $173 million deal for adjoining office buildings, one of which will be overhauled to compete for high-quality tenants in the trendy quarter, the company announced Monday.

New York's largest office landlord will pay approximately $648 per square foot to acquire 635 Sixth Ave. and 641 Sixth Ave. from Atlas Capital Group LLC, according to SL Green.

The eight-story, fully renovated 641 Sixth Ave. is 100 percent occupied by the likes...
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