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SL Green’s One Vanderbilt in New York Lands What's Seen as Biggest CMBS Deal in More Than a Year

Nine Banks To Lend $3 Billion as City Recovers From Pandemic
SL Green Realty’s One Vanderbilt in New York was 89.1% leased as of Tuesday. (James Hooker/CoStar)
SL Green Realty’s One Vanderbilt in New York was 89.1% leased as of Tuesday. (James Hooker/CoStar)

In what’s expected to be the largest commercial mortgage-backed securities deal since the outbreak of COVID-19, SL Green Realty has lined up $3 billion in financing from nine banks for its new 1.6 million-square-foot One Vanderbilt skyscraper.

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News | SL Green’s One Vanderbilt in New York Lands What's Seen as Biggest CMBS Deal in More Than a Year