SL Green’s $815 Million Deal to Sell New York City Office Tower Falls Apart - News Summed Up

SL Green’s $815 Million Deal to Sell New York City Office Tower Falls Apart


Real-estate giant SL Green Realty Corp.’s agreement to sell the former New York Daily News headquarters for $815 million has collapsed after the buyer’s financing pulled out, according to people familiar with the matter. New York property investor Jacob Chetrit signed a contract in the fall to buy the 37-story building on East 42nd Street, which was the newspaper’s headquarters for many years and was even featured in a Superman movie as the headquarters of the fictional Daily Planet.


Source: Wall Street Journal March 25, 2020 01:40 UTC



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