SLG - SL Green Announces Sellout of Giorgio Armani Residences at 760 Madison Avenue | Benzinga
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp., Manhattan's largest office landlord, today announced the sellout of the exclusive Giorgio Armani Residences on Manhattan's Upper East Side. All 10 residential units within the premier luxury condominium project are now under contract for gross consideration totaling $168.2 million. The sales are expected to close in the fourth quarter of 2024.
"SL Green's premier development platform, together with our partnership with Giorgio Armani, resulted in an extraordinary residential experience for buyers who understood the rarity of this New York City offering," said SL Green Chief Investment Officer Harrison Sitomer. "We're proud to have brought these select homes to market alongside such an esteemed fashion icon."
760 Madison was conceived in collaboration with the renowned New York-based architecture firm COOKFOX and the award-winning Victoria Hagan, who served as creative consultant to SL Green. The ground-up new development features a stunning fluted limestone façade that reflects the classic nature of the Armani brand while respecting the historic aesthetic of the Upper East Side. Several of the units come with Central Park views and coveted outdoor space. Each home exudes the understated elegance for which Armani, COOKFOX and Hagan are known.
"Armani and SL Green conceived of a building like no other which has attracted the most discerning clientele from around the globe who've seized the opportunity to own a residence on one of the most iconic and coveted avenues in the world. We're proud to have been a part of this irreplaceable development," said Susan de França, President and CEO of Douglas Elliman Development Marketing.
Douglas Elliman Development Marketing (DEDM) has been the exclusive marketing and sales agency ...