Garage-to-office conversion property in SoHo is sold for $40M

Joseph Packard, Esq. Partner Schroder &…

Manhattan, NY SL Green Realty Corp. closed on the sale of an 11% interest in One Vanderbilt Ave. to Mori Building Co., Ltd., Japan’s leading urban landscape developer. The investment was completed at a gross valuation of $4.7 billion for the property. After completion of th… Read full article

The company currently has offices at 80 Pine St., another office building nearby in Downtown Manhattan.