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Macklowe, SL Green Extend 510 Madison Mortgage June 30, 2010 06:04 PM

Macklowe Properties
and SL Green Realty Trust have extended a mortgage on 510 Madison Avenue, a Class A office tower Macklowe is building in New York. Under the agreement, Macklowe has until March 1, 2011 to repay the debt.

Macklowe, which saw a maturity default on a $185 million construction loan and related mezzanine debt in March, has been trying to stop ...

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