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When Citigroup decided to renovate its massive headquarters at 388 Greenwich Street in Tribeca, it had to combine two separate but adjacent buildings—a 39-story office tower and a nine-story printing ...
SL Green expects to use the sale proceeds “to repay approximately $345 million of its corporate credit facility and retire the $1.45 billion mortgage” on 388-390 Greenwich Street. SL Green ...
SL Green Chief Executive Officer, Marc Holliday, commented on the transaction, “We are pleased to reach an agreement on the early sale of 388-390 Greenwich Street. In addition, by retiring ...
After Citibank merged with Travelers in 1998, it inherited the leases on the buildings at 388-390 Greenwich St. In 2007, it purchased them from a Smith Barney Trust for $604,546,041, and ...
"We are still assessing when other sites that were not damaged, including 388 and 390 Greenwich Street, can reopen." Continued power outages, lack of mass transportation and mandatory evacuation ...
* Proceeds of sale and termination payment will be used by company to repay a portion of its corporate credit facility * Reached an agreement for early termination of citi's lease at property as a ...
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