Posted Jul 16, 2021, 2:44 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,919
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https://rew-online.com/sl-green-ahea...redevelopment/
SL Green ahead of schedule at One Madison redevelopment
by REW
July 15, 2021
Quote:
Work on SL Green’s redevelopment of One Madison Avenue is ahead of schedule, with 100 percent of structural demolition complete and structural reinforcement underway.
SL Green and its joint venture partners, the National Pension Service of Korea and Hines, secured the largest construction loan in New York last year with a $1.25 billion financing package to fund the work on the 1.4 million-square-foot, 27-floor office tower that will anchor Midtown South, commenced construction late last year.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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