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Stock Market & Financial Investment News

News Breaks
November 8, 2012
09:16 EDTSLGSL Green Realty downgraded to Hold from Buy at Sandler ONeill
Sandler O'Neill does not believe the New York office market will improve near-term and downgraded SL Green (SLG) and Boston Properties (BXP) to Hold from Buy.
News For SLG From The Last 14 Days
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April 23, 2014
16:39 EDTSLGSL Green Realty raises 2014 FFO view to $5.90-$5.96 from $5.62-$5.72
Consensus for 2014 FFO is $5.71.
16:38 EDTSLGSL Green Realty reports Q1 FFO $1.54, consensus $1.37
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08:14 EDTSLGSL Green announces two agreements to acquire retail condominiums
SL Green Realty announced two separate agreements to acquire prime retail condominiums located along two of SoHo’s shopping corridors. The company entered into contract to acquire the 7,200 square foot retail condominium at 121 Greene Street in Lower Manhattan. It is fully occupied by two retailers, both at below market rents. The company also announced it has entered into an agreement to acquire a 5,218 square foot retail condominium at 115 Spring Street, between Mercer and Greene streets. The grade-level and basement space, leased at below-market rents through January 2017, is occupied.
08:07 EDTSLGSL Green Realty to acquire fee interest at 635 Madison Avenue for $145M
SL Green Realty Corp.announced that it has entered into a contract to acquire the fee interest at 635 Madison Avenue for $145M. The off-market transaction, which is subject to customary closing conditions, is expected to be completed during the third quarter of 2014. The property is encumbered by a ground lease through April 2030 with one 21-year renewal extension option.
08:06 EDTSLGSL Green Realty to sell leasehold interest in 673 First Avenue for $145M
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