510 Madison Avenue|Sales|12/23/2009
- Event Sales
- Address 510 Madison Avenue
- Square feet 350,000
- Price $ 170,000,000
- Price per foot $ 485.71
- Borough Manhattan
- Neighborhood Plaza District
- Publication Date 02/01/2010
- Deal Date 12/23/2009
- Party 1 Union Labor Life Insurance Co.
- Party 2 SL Green Realty
notes
The $185 million in outstanding construction debt sold for about $170 million. Macklowe Properties is developing the tower, which is slated for completion this spring.