News
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January 21, 2010
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| This morning, SL Green announced it's now the sole owner of 100 Church Street, a 1M SF office tower, following the foreclosure of the senior mezz loan at the property. Previously, SL Green had a 50% interest in the loan (plus two other mezz loans). At closing of the foreclosure, Gramercy transferred its interests to SL Green, which will operate the building with its in-house management team. Lobby renovations are in the works, and Newmark Knight Frank’s James Kuhn and Brian Waterman will lease the 42% occupied building. |
