SL Green Sells 25 Percent Stake in Tower 46


Fried Frank acted as counsel to SL Green Realty Corp. in connection with the sale of its 25 percent stake in Tower 46 to Brookfield Asset Management for US$275 million. The sale included 350,000 square feet of commercial condominium, a retail space on West 46th Street, the building’s parking garage, and a fitness center at the Midtown tower located at 55 West 46th Street in New York. The sale is expected to close in the first quarter of 2021.

The Fried Frank team included real estate partners Jonathan L. Mechanic and Avi Feinberg and real estate associate Hugh MacKay.

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