SL Green Buying Park Avenue Tower for $730M

SL Green Under Contract for $730M Purchase of Park Avenue Tower

SL Green Realty Corp. said Wednesday afternoon it had entered into a contract to acquire Park Avenue Tower, located at 65 E. 55th St. in Midtown Manhattan, for $730 million from Blackstone’s Perform Properties. The acquisition is expected to close in early 2026. “This acquisition will deliver sustainable cash flow and provide long-term value creation while further solidifying our commitment to being the leading owner of premier properties along …

SL Green Buying Blackstone’s Park Avenue Tower for $730M: Sources

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SL Green buying Park Avenue Tower for $730M

SL Green is buying Park Avenue Tower from Blackstone for $730 million.

SL Green To Pay $730M For Park Avenue Tower

SL Green has entered into a contract to acquire Park Avenue Tower in what would be one of the biggest office deals of the year.