SL Green refis 100 Park Avenue in Grand Central with $360M from Aareal Capital

SL Green Realty through the entity SLG 100 Park LLC as borrower signed a loan agreement with lender Aareal Capital Corporation valued at $360 million for 1 parcel, including the tax class office building tower type with 20 or more stories (O4) at 100 Park Avenue in Grand Central. The deal closed on December 23, 2020 and was recorded on January 8, 2021.
The property contains a total of 778,203 square feet of built space.
The average loan per buildable square foot is $463.

Over the past five years, there have been 89 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 89 renovation/alteration projects (A2) applied for with a total estimated value of $19,056,942.
Direct link to Acris document. link