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SL Green secures CMBS financing for $730 million New York tower purchase

Deal reflects lender confidence in prime Manhattan office market
SL Green Realty has completed financing for its purchase of the 36-story, 621,992-square-foot Park Avenue Tower in New York. (CoStar)
SL Green Realty has completed financing for its purchase of the 36-story, 621,992-square-foot Park Avenue Tower in New York. (CoStar)
CoStar News
December 30, 2025 | 7:41 P.M.

SL Green Realty, Manhattan's largest office landlord, has locked in financing to complete its $730 million purchase of New York’s Park Avenue Tower from Blackstone, with the deal set to close next month.

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News | SL Green secures CMBS financing for $730 million New York tower purchase