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Stock impact report

SL Green to Sell 7 Dey Street to GO Residential for $222.6M [Yahoo! Finance]

SL Green Realty Corp (SLG) 
Last sl green realty corp earnings: 4/22 05:01 pm Check Earnings Report
US:NYSE Investor Relations: slgreen.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
SL Green Realty Corp. SLG announced that it has entered into a contract to sell the residential and retail portions of 7 Dey Street to GO Residential for $222.6 million, while retaining the 26,000-square-foot office space under its ownership. Subject to customary closing conditions, the deal is expected to close in the second quarter of 2026. The 260,000 square foot building sits right across the Fulton Transit Center. It includes 17,000 square feet of flagship retail space across the basement, ground and second floors; 26,000 square feet of commercial space across floors 3-5; and 217,000 square feet of residential space with 209 rental units. These units feature studios through three-bedroom layouts and are currently 99% leased. Per Harrison Sitomer, president and chief investment officer of SL Green, “This transaction continues the execution of a deliberate strategy to illuminate the value of selected assets and unlock embedded value. We are pleased to partner with GO Residenti Show less Read more
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