SL Green CEO Marc Holliday expresses interest in acquiring iconic Chrysler Building
SL Green CEO Marc Holliday expresses interest in acquiring the iconic Chrysler Building, as he believes it could be a valuable investment if the price is right.
Real estate investment trust SL Green is eyeing another prize after losing out on a Times Square casino. According to Crain's, SL Green CEO Marc Holliday recently expressed interest in acquiring the iconic Chrysler Building. This comes after the building's current owner, Cooper Union, announced plans to sell the landmark property at 405 Lexington Avenue.
Holliday made his comments at a shareholder dinner at Le Pavillon restaurant inside One Vanderbilt, arranged by Bank of Montreal analyst John Kim. "He said it's an iconic building and at the right price, SL Green would be interested," Kim told the outlet.
While SL Green has not officially confirmed their interest, the company did not deny it when contacted by Crain's for comment.
The potential acquisition of the Chrysler Building would add to SL Green's already impressive portfolio of New York City real estate. The company currently owns over 28 million square feet of office and retail space in the city, including One Vanderbilt, which is set to open next year.
However, it remains to be seen if SL Green will be able to secure the Chrysler Building at a price that is suitable for their investment strategy. Only time will tell if the iconic landmark will become the latest addition to SL Green's extensive portfolio.
https://therealdeal.com/new-york/2025/09/22/sl-green-teases-interest-in-the-chrysler-building/