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SL Green sued for allegedly skipping payments at high-profile Manhattan building

Ground lease owner TIAA says it’s owed more than $30 million
The Teachers Insurance and Annuity Association of America is accusing SL Green Realty of allegedly failing to pay more than $30 million in ground lease rent and other items for 2 Herald Square in Manhattan. (CoStar)
The Teachers Insurance and Annuity Association of America is accusing SL Green Realty of allegedly failing to pay more than $30 million in ground lease rent and other items for 2 Herald Square in Manhattan. (CoStar)
CoStar News
March 4, 2025 | 11:07 P.M.

Retirement investment giant the Teachers Insurance and Annuity Association of America, with some $1.4 trillion in assets under management, has filed a lawsuit against SL Green Realty that accused it of payment default at a high-profile New York building.

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