NEW YORK CITY-SL Green Realty Corp., a real estate investment trust, has hired Adam Spies and Douglas Harmon of Eastdil Secured to sell a stake at 521 Fifth Ave. The 39-story building was developed in 1929 by Abraham Lefcourt.
SL Green bought the 510,000-square-foot property for $225 million. Since 2006, the REIT has spent nearly $30 million to upgrade the granite tower. SL Green is selling 49% to 80% stake in the building. For the full story, go to New York Post .
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