SL Green sells 49% stake in Stonehenge 57 to BlackRock

SL Green Realty sold a 49 percent stake in Stonehenge 57, its 261-unit rental building on Sutton Place, to asset manager BlackRock in a deal that values the 19-story property at $170 million, the landlord announced Wednesday. In late 2014, SL Green bought a 50 percent stake in the residential and commercial portfolio owned by Stonehenge Partners, […]

Rudin refinances BlackRock building with $100M loan

Rudin Management refinanced a Midtown office tower occupied by asset manager BlackRock with a $100 million loan from JPMorgan Chase, according to property records filed with the city Friday. The new mortgage for 40 East 52nd Street and a small neighboring property at 39 East 51st Street replaces a mortgage from the New York Life Insurance Company […]