Login

SL Green's $815 Million New York City Office Tower Sale Called Off

Other Big Deals Could Face Obstacles As Coronavirus Rattles Financial Markets

A sale of the News Building in New York City, which once appeared in a "Superman" movie, has been scuttled. (SL Green)
A sale of the News Building in New York City, which once appeared in a "Superman" movie, has been scuttled. (SL Green)

Real estate investment trust SL Green Realty Corp.'s planned $815 million deal to sell the former New York Daily News headquarters tower in New York City has been called off after the buyer's lender reportedly withdrew financing, a potential signal of what could play out elsewhere in what has become the U.S. epicenter of the coronavirus pandemic.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In