SL Green(US:SLG) Newsfilter·2024-07-17 20:10Core Insights - SL Green Realty Corp. has successfully sold all 10 residential units of the Giorgio Armani Residences in Manhattan for a total of $168.2 million, with sales expected to close in Q4 2024 [1][12] Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and a fully integrated real estate investment trust (REIT) focused on acquiring, managing, and maximizing the value of Manhattan commercial properties. As of June 30, 2024, the company held interests in 55 buildings totaling 31.8 million square feet, including 28.1 million square feet of Manhattan buildings [7] Development Details - The Giorgio Armani Residences were developed in collaboration with the architecture firm COOKFOX and creative consultant Victoria Hagan, featuring a fluted limestone façade that aligns with the classic nature of the Armani brand. The development includes units with Central Park views and outdoor space, embodying the elegance associated with Armani, COOKFOX, and Hagan [5] Marketing and Sales - Douglas Elliman Development Marketing (DEDM) served as the exclusive marketing and sales agency for the Giorgio Armani Residences, led by award-winning brokers. DEDM is recognized for its expertise in new developments across various regions, leveraging a hybrid platform that combines experienced development experts with skilled brokerage professionals [6][12]