Greenberg Traurig Advises SL Green on $2.0 Billion Refinancing of 245 Park Avenue
EmitenTrust.com - NEW YORK, Oct. 23, 2026 /PRNewswire/ -- Global law firm Greenberg Traurig, LLP represented SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, and its partner, a U.S. affiliate of Mori Trust Co., Ltd, in connection with the $2 billion refinancing of 245 Park Avenue, a Class A office tower in Midtown Manhattan.
The deal closed Oct. 14 and marks a major financing milestone for the fully leased tower, which is nearing completion of a comprehensive redevelopment.
"SL Green and Mori Trust's reimagining of 245 Park Avenue has elevated the building into a true flagship on Park Avenue, and the scale and terms of this financing underscore lenders' regard for both the asset and SL Green's stewardship of it," New York Real Estate Practice Co-Chair Adam M. Goldstein said. "We were pleased to help SL Green, a longstanding client, and its partner execute a complex financing that sets this tower up for continued long-term success."
The Greenberg Traurig team was led by Goldstein, with additional support from Associates Zachary E. Schelberg and Theresa "Tessa" Gulley, as well as Paralegal Supervisor Tana Brkani.
The deal is the latest in a series of transactions Greenberg Traurig has advised on for longstanding client SL Green, including the recent sale of 10 East 53rd Street in Midtown East.
About Greenberg Traurig: Greenberg Traurig, LLP has approximately 3,200 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm's broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI "Best of the Best Recommended Law Firm" by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.
SOURCE Greenberg Traurig, LLP