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SL Green, Stonehenge secure 99-year lease at Morningside Heights redevelopment site

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Massey Knakal has arranged a 99-year lease at 1080 Amsterdam Avenue at 113th Street in Morningside Heights, the New York Observer reported. This is the same building for which SL Green and Stonehenge Partners formed a joint venture this summer, with plans to turn the property into a luxury residential redevelopment project, as The Real Deal previously reported. The venture plans to shell out $13 million for renovations and redevelopment. The terms of the lease [more]



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