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SL Green Closes Manhattan’s Third-Largest Office Deal This Year

Park Avenue Building’s New Ownership Includes Institutional Investors From South Korea, Israel

SL Green Realty has closed its $445 million purchase of 450 Park Ave. in New York with financing provided by a bank group led by Wells Fargo. (Anna Morgowicz/CoStar)
SL Green Realty has closed its $445 million purchase of 450 Park Ave. in New York with financing provided by a bank group led by Wells Fargo. (Anna Morgowicz/CoStar)

SL Green Realty, Manhattan’s largest office landlord, has closed its first office purchase since 2018 with financing provided by a bank group led by Wells Fargo.

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