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Marc Holliday Of SL Green Acquires Office Asset From Claudio Del Vecchio For $160M In Midtown East

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Marc Holliday
CV

New York

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Office800,000 SF
Leased 09/02/2025
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Marc Holliday Of SL Green Acquires Office Asset From Claudio Del Vecchio For $160M In Midtown East

346 Madison Avenue

See Similar Deals
Office800,000 SF
Leased 09/02/2025
Marc Holliday
CV
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:800,000 SF

The property asset involved in this transaction is an office building located at 346 Madison Avenue in Midtown East. The transaction, currently under contract, has a price of $160,000,000. The building spans 800,000 square feet, with a price per square foot of $200.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $160,000,000
  • Address: 346 Madison Avenue
  • Market: Midtown East
  • Buyer: Marc Holliday - SL Green
  • Seller: Claudio Del Vecchio
  • Broker: JLL
  • Square Footage: 800,000
  • Price per Square Foot: $200

Marc Holliday, as the CEO of SL Green Realty Corp., is spearheading the acquisition of the former Brooks Brothers flagship location. This acquisition marks their first major construction initiative since the expansion of One Madison Avenue in 2023, with plans to redevelop the site into a significant office tower.

Players

Marc Holliday
SL Green
Marc Holliday
39 deals$9.6B volume
BUYER
CV
Claudio Del Vecchio
4 deals$320M volume
SELLER

Details

IMAGE: - UNDER CONTRACT IMAGE: Marc Holliday & Claudio Del Vecchio DATE: 09/02/2025 ADDRESS: 346 Madison Avenue MARKET: Midtown East ASSET TYPE: Office BUYER: Marc Holliday - SL Green (@SLGreen_Realty) SELLER: Claudio Del Vecchio BROKER: JLL (@JLL) PRICE: $160,000,000 SF: 800,000 ~ PPSF: $200 NOTE: SL Green Realty Corp., led by CEO Marc Holliday, is under contract to acquire the former Brooks Brothers flagship at 346 Madison Avenue for $160 million. The company plans to redevelop the site into an 800,000-square-foot office tower, marking its first major construction project since expanding One Madison Avenue in 2023.

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