SL Green Acquires 100% Interest in 800 Third Avenue for $5.1 Million

SL Green Realty Corp. has acquired a 100% interest in 800 Third Avenue for $5.1 million in cash. The company also extended the maturity date of the property's $177 million mortgage from February 2026 to February 2031 and maintained the interest rate at 1.70% over Term SOFR. This transaction demonstrates SL Green's long-term approach to Midtown Manhattan assets and its ability to execute favorable loan modifications.