SL Green Realty Corporation has entered into a joint venture with Rockpoint, a Boston-based real estate private equity firm, for the ownership of 100 Park Avenue in Midtown Manhattan. As part of the agreement, SL Green sold a 49% interest in the 36-story, 905,000-square-foot office tower to Rockpoint at a gross asset valuation of $425 million. This partnership marks Rockpoint’s first significant post-COVID office investment and aims to maintain and enhance 100 Park Avenue’s status as a premier office destination near Grand Central Terminal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SL Green Realty Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9619985) on January 06, 2026, and is solely responsible for the information contained therein.