Park Avenue Tower

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SL Green delivers Q3 earnings beat as leasing activity and occupancy rate rise (SLG:NYSE)
Seeking Alpha· 2025-10-15 21:01
SL Green Realty (NYSE:SLG) Q3 earnings and revenue both topped the Wall Street consensus estimates on Wednesday, as its leasing activity increased and its occupancy rate improved. The company also confirmed that it agreed to acquire Park Avenue Tower, an ...
SL Green Announces Acquisition of Park Avenue Tower
Globenewswire· 2025-10-15 20:20
NEW YORK, Oct. 15, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that it has entered into a contract to acquire Park Avenue Tower, located at 65 East 55th Street, for $730.0 million. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions. “This acquisition will deliver sustainable cash flow and provide long-term value creation while further solidifying our commitment to being the leading own ...