SL Green sale of commercial condominium property in Williamsburg, Brooklyn
Davis Polk advised an affiliate of SL Green Realty Corp. on the $32 million sale of commercial condominium units located at 248 Bedford Avenue, 252 Bedford Avenue and 197 Berry Street in Williamsburg, Brooklyn to an affiliate of Ethika Capital.
SL Green Realty Corp., an S&P 500 company and Manhattan’s largest office landlord, is a publicly held real estate investment trust that acquires, owns and manages properties primarily located in the New York City area. As of September 30, 2020, SL Green owned interests in 93 buildings totaling 40.6 million square feet.
The Davis Polk real estate team included partner Brian S. Lichter, associates Nicholas Soilleux and Paulina Gordon and law clerk Ben Montgomery. All members of the Davis Polk team are based in the New York office.