If SL Green, New York City’s largest commercial landlord, considers selling some of the jewels in its trove of Manhattan trophy properties, there will be no shortage of buyers, according to Marc Holliday, SL Green’s CEO, who spoke Tuesday morning at Citi’s 2009 Global Property CEO Conference.
In fact, Mr. Holliday said that the Read More
SL Green, New York City’s largest commercial landlord, has issued a mandate to its brokers to retain tenants at all costs and is considering, among other options, selling some of its core Midtown assets, according to Marc Holliday, SL Green’s CEO, who spoke Tuesday morning at Citi’s 2009 Global Property CEO Conference.
“We’re dropping Read More
New Gramercy Capital CEO Roger Cozzi says the commercial real estate finance company’s bullish on the immediate future. But first! They have to hire some top people because of a management shakeup this week that saw the departure of CEO Marc Holliday, head of Gramercy’s primary investor SL Green, as well as those of Read More
WPIX-TV—better known as New York’s CW11, broadcaster of addictive junk food like Gossip Girl—has renewed its lease for 104,000 square feet at 220 East 42nd Street through 2012. The rent was not disclosed, but the building’s asking rents are $58 a square foot.
It was a rare note of good news in landlord SL Read More
In an apparent bid to restore investor confidence, Gramercy Capital Corp. has appointed Roger Cozzi its new CEO. Mr. Cozzi will replace Marc Holliday, CEO of SL Green, Gramercy’s biggest investor.
Mr. Holliday has headed up Gramercy, a real estate finance and investment company, since its inception in 2004. The firm has taken a beating Read More
It says something about landlords these days that during a quarterly conference call to investors on Tuesday, SL Green CEO Marc Holliday spent the better part of the opening 15 minutes focusing exclusively on leasing activity. There was one new building sale to discuss—a Class B property at 470 Park Avenue South—and otherwise scant discussion Read More
SL Green, the city’s biggest office landlord, will release its third-quarter earnings today after the close of stock market trading. The real estate investment trust’s management team, led by chief executive Marc Holliday, will then host a conference call on Tuesday afternoon.
The Observer‘s John Koblin noted that SL Green’s stock has Read More
In a commercial market where multiple multimillion-dollar trades in a given week are suddenly normal, it seems perfectly reasonable for one company to be involved in all of them.
SL Green, the biggest landlord in the city, has struck several Manhattan deals totaling almost $600 million in a frenzied few weeks. SL Green C.E.O. Read More