SL Green's One Vanderbilt. | Credit Max Touhey
NEW YORK CITY–The SL Green portfolio is in a state of transformation, as the New York-based company sells off static assets to identify opportunities for reinvestment within the portfolio, according to comments Marc Holliday, chairman and CEO, made during the REIT's October earnings call.
A disposition list of non-core and mature assets is in the works for announcement in December. The outlined sales continue to build upon the firm's profits and prices, which trump its stock valuation, according to Holliday.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
