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SL Green to buy former Pepsi headquarters building on Manhattan’s Park Avenue

Property hasn’t traded in more than 40 years, investor says
SL Green Realty has agreed to buy 500 Park Ave. in Manhattan for $130 million. (CoStar)
SL Green Realty has agreed to buy 500 Park Ave. in Manhattan for $130 million. (CoStar)
CoStar News
November 26, 2024 | 6:48 P.M.

SL Green Realty, Manhattan’s largest office landlord, is buying a landmarked, Class A office building on New York’s Park Avenue, a corridor where leasing is outpacing the city average.

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