Login

SL Green extends $1.25 billion loan on Manhattan tower One Madison

Leasing rate has fallen short of company’s previous projection

SL Green Realty has extended a $1.25 billion loan on 1 Madison Ave. in New York. (CoStar)
SL Green Realty has extended a $1.25 billion loan on 1 Madison Ave. in New York. (CoStar)

SL Green Realty, Manhattan’s largest office landlord, has modified and extended a $1.25 billion mortgage loan on its new One Madison trophy tower in Manhattan as the leasing rate at the redevelopment project looks to be falling short of its previous projection.

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