Stratrix
On the Record · SL Green Operating Partnership

SL Green Operating Partnership acquisitions, on the record

The businesses SL Green Operating Partnership bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
625 Madison Avenue fee interest
Word for word“Following a UCC foreclosure, the Company converted its previous mezzanine debt investments in the fee interest at 625 Madison Avenue to a 90.43% ownership interest.” 10-K for 2023
agreed acquisition——
49.9% joint venture interest in 245 Park Avenue
Word for word“Closed on the sale of a 49.9% joint venture interest in 245 Park Avenue for a gross asset valuation of $2.0 billion.” 10-K for 2023
divestiture—gross asset valuation of $2.0 billion
equity interests in the condominium units at 21 East 66th Street
Word for word“Together with our joint venture partners, closed on the sale of the equity interests in the condominium units at 21 East 66th Street for total consideration of $40.6 million.” 10-K for 2023
divestiture—total consideration of $40.6 million
retail condominiums at 121 Greene Street
Word for word“Together with our joint venture partner, closed on the sale of the retail condominiums at 121 Greene Street for a gross sales price of $14.0 million.” 10-K for 2023
divestiture—gross sales price of $14.0 million
717 Fifth Avenue property
Word for word“(8) Along with its joint venture partner, the Company closed on the sale of this property in January 2024.” 10-K for 2023
divestitureJanuary 2024—
additional interests in 2 Herald Square joint venture
Word for word“(7) The Company closed on the acquisition of additional interests in the joint venture in January 2024, which increased the Company's interest to 95%.” 10-K for 2023
acquisitionJanuary 2024—
partner's 45.0% interest in 10 East 53rd Street
Word for word“Closed on the acquisition of our partner's 45.0% interest in 10 East 53rd Street for cash consideration of $7.2 million, net of all outstanding debt obligations.” 10-K for 2024
agreed acquisition—$7.2 million
equity interests in the joint venture that owns the leasehold at 2 Herald Square
Word for word“Acquired equity interests in the joint venture that owns the leasehold at 2 Herald Square for no consideration, increasing the Company's interest in the joint venture to 95%.” 10-K for 2024
acquisition—no consideration
11.0% interest in One Vanderbilt Avenue
Word for word“Closed on the sale of an 11.0% interest in One Vanderbilt Avenue for a gross asset valuation of $4.7 billion.” 10-K for 2024
divestiture—$4.7 billion
Palisades Premier Conference Center
Word for word“Closed on the sale of the Palisades Premier Conference Center for $26.3 million plus certain fees payable to the Company.” 10-K for 2024
divestiture—$26.3 million
fee ownership interest in 625 Madison Avenue
Word for word“Together with our joint venture partner, closed on the sale of the fee ownership interest in 625 Madison Avenue for a gross sales price of $634.6 million plus certain fees payable to the Company.” 10-K for 2024
divestiture—$634.6 million
retail condominium at 717 Fifth Avenue
Word for word“Together with our joint venture partner, closed on the sale of the retail condominium at 717 Fifth Avenue for total consideration of $963.0 million.” 10-K for 2024
divestiture—$963.0 million
719 Seventh
Word for word“and the sale of 719 Seventh in the second quarter of 2024 ($4.0 million).” 10-K for 2024
divestituresecond quarter of 2024—
100 Park Avenue (partner's 49.9% interest)
Word for word“Closed on the acquisition of our partner's 49.9% interest in 100 Park Avenue for total consideration of $14.9 million.” 10-K for 2025
acquisition—$14.9 million
800 Third Avenue (partners' combined 39.5% interest)
Word for word“Closed on the acquisition of our partners' combined 39.5% interest in 800 Third Avenue for total consideration of $5.1 million.” 10-K for 2025
acquisition—$5.1 million
5.0% interest in One Vanderbilt Avenue
Word for word“Closed on the sale of a 5.0% interest in One Vanderbilt Avenue to Mori Building Co., Ltd. at a gross asset valuation of $4.7 billion.” 10-K for 2025
divestiture—$4.7 billion
50.0% of the joint venture entity that originated the preferred equity investment in 625 Madison
Word for word“Sold 50.0% of the joint venture entity that originated the preferred equity investment in 625 Madison for $104.9 million.” 10-K for 2025
divestiture—$104.9 million

Deal filings since 2016

Read from SL Green Operating Partnership’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.