Greenberg Traurig Facilitates SL Green's $312 Million Mid-Town Office Transfer

Greenberg Traurig Facilitates SL Green's $312 Million Mid-Town Office Transfer



In a significant real estate transaction, the global law firm Greenberg Traurig, LLP has advised SL Green Realty Corp. (NYSE: SLG), the largest office landlord in Manhattan, on the sale of a prime Midtown office property for $312.2 million. This deal marks a notable milestone in SL Green's portfolio management strategy and adds to Greenberg Traurig's remarkable track record of servicing the firm.

Located at 10 East 53rd Street, this impressive 37-story office building boasts a total area of 390,000 square feet, currently operating at a 92% occupancy rate. The property is strategically situated in Midtown East, nestled between the bustling Fifth and Madison Avenues, making it a sought-after location for tenants and investors alike.

The Greenberg Traurig team that successfully navigated this transaction was led by Adam M. Goldstein, Co-Chair of the New York Real Estate Practice. The legal team included talented Associates Shimmy (Shimon) Friedlander and Tatiana Codner, along with Paralegal Supervisor Tana Brkani. The collaborative efforts of this skilled team exemplify Greenberg Traurig's commitment to providing strategic advisory services in complex real estate deals.

This transaction is not an isolated case; it continues the fruitful relationship between Greenberg Traurig and SL Green, which includes prior deals such as the recent divestment of a joint venture stake in the development project at 346 Madison Avenue. The synergy between these two entities underlines the effectiveness of Greenberg Traurig’s counsel and its deep understanding of the New York real estate market.

Greenberg Traurig, with a robust presence and a network of over 3,200 lawyers in 51 locations spanning the United States, Europe, the Middle East, Latin America, and Asia, offers a comprehensive range of legal services. The firm is recognized for its innovative and strategic approach, catering to clients across various industries, including real estate, technology, and finance.

In 2025, Greenberg Traurig was distinguished as one of BTI's "Best of the Best Recommended Law Firms," underscoring its esteemed reputation among general counsel for trust and relationship management. Consistently ranked in the upper echelons of prestigious lists like the Am Law Global 100, NLJ 500, and Law360 400, the firm's excellence in delivering legal services is duly noted.

Moreover, Greenberg Traurig is also celebrated for its philanthropic initiatives, innovative culture, and dedication to pro bono work. This commitment not only enhances its professional profile but also makes a positive impact on the communities they serve.

As SL Green moves forward with strategic asset management and enhancement of its market positions, the partnership with Greenberg Traurig proves to be invaluable. They exemplify how robust legal strategies can facilitate high-stakes real estate transactions, ensuring client objectives are realized with precision and professionalism. In conclusion, this recent sale underscores both SL Green's proactive management strategies and Greenberg Traurig's pivotal support as a leading legal advisor in the competitive real estate landscape of Manhattan.

Topics General Business)

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