The office on the Northeast corner of Avenue of the Americas and 44th Street was acquired in 1997 as part of the company's initial public offering. It is subject to a ground lease with an initial maturity of 2016.
The site is 98.6% occupied. The tenant roster includes law firm White & Case, MHP Holdings and Solomon Page Group.
The closing is expected to happen in the third quarter. The CB Richard Ellis team of Darcy Stacom, vice chairman and partner, and William Shanahan, vice chairman and partner, acted as exclusive agents for SL Green.
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