SL Green’s $2.5B Real Estate Sell-Off | Real Estate News

Real Estate News Today | 2 Min News | The Daily News Now! · Sep 9, 2026 · 1m

SL Green is cashing in big time, selling a coveted SoHo building for over $225 million as part of a $2.5 billion portfolio purge fueled by rising interest rates. The buyer, Natora Group, is using a savvy 1031 exchange and funding the deal with proceeds from selling industrial assets to Blackstone. Located at 100 Greene Street, this 13-story, 223,000-square-foot gem—home to luxury fashion giant Balenciaga—fetches a premium $1,000+ per sq ft. It’s just the latest move in SL Green’s aggressive real estate reshuffle, following high-profile sales including 100 Park Ave ($425M), Sixth Avenue…