SL Green nears deal for Park Avenue office tower

SL Green Nears Deal for Park Avenue Office Tower

In a sign of how far New York office values have come, Manhattan’s largest office landlord may be back in the business of buying after high prices forced it to the sidelines for several years.

SL Green Realty is in late-stage talks to buy the Plaza District office tower at 450 Park Avenue from Oxford Properties and Crown Acquisitions for about $440 million, people with knowledge of the talks told The Real Deal.

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