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Real estate investment firms SL Green Realty Corp. and SITQ partnered for the purchase of the Citi Towers in downtown Manhattan last week for $1.575 billion. Citigroup, the seller, will continue to fully occupy both buildings under the terms of a 13-year triple-net lease. Also, American Eagle Outfitters Inc. signed a 15-year lease for a 25,600-square-foot flagship store to open in Times Square in 2008 and Aeropostale will be taking an additional floor of 30,000 square feet on West 34th St.
December 26, 2007 at 12:00 AM
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