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Allianz deal values 1515 Broadway at $1.95B

DATE POSTED:November 14, 2017

Allianz Real Estate is in contract to buy a 43 percent stake in the office tower 1515 Broadway near Times Square. The seller, SL Green Realty, said it expects to end up with $416 million from the deal. The sale would value the tower at $1.95 billion, the New York Post reported, making it one of the most valuable buildings in the United States. Allianz will also buy a portion on the debt at the […]