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SL Green buys 315 Park Avenue debt for $218M

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Office landlord SL Green Realty today announced its purchase of the debt on 315 Park Avenue South, Crain’s reported. A source told the publication that SL Green will shell out $218 million for the building’s loan. As The Real Deal reported this summer, special servicer CW Capital filed a suit to foreclose on the 20-story building. The 320,000-square-foot property is owned by Craig Nassi, who purchased the building for $265 million in 2007 at the [more]

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