X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-In its latest joint venture, SL Green Realty Corp. consolidated full ownership at 1515 Broadway in Times Square, buying out SITQ’s interest in the building. The company confirms value of its combined interests at $1.21 billion. A spokesperson for SL Green tells GlobeSt.com that SL Green previously carried a 68.45% share in the building–approximately $828.2 million–while SITQ held a 31.55% piece, or approximately $381.7 million, calculated based on percentages provided by SL Green.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.