Content area
Full Text
The former Daily News building, best known for the giant revolving globe in its lobby and its starring role in Superman movies, will be sold to a company specializing in New York properties.
SL Green Realty Corp. announced plans yesterday to buy the 1930 landmark tower on 220 E. 42nd St. from Witkoff Group for $265 million in cash and an ownership stake in the Green Realty's management and leasing unit. Green will also pay Witkoff $90 million for a stake in another Witkoff building at 125 Broad St. The deals are expected...