SL Green CEO in line for $10M bonus if Caesars Times Square casino bid succeeds

Marc Holliday, CEO of SL Green Realty Corp., could pocket a $10 million bonus if a coalition led byCaesars Entertainment wins its bid to develop a casino in Times Square. The lucrative incentive, disclosed in a recent SEC filing, underscores the high stakes in the competition for one of three downst

30like·0comment01-09

New York City: CEO’s $10 million bonus sounds nice, but it’s likely illegal

Marc Holliday, the CEO of real estate giant SL Green, has a $10 million bonus dangling in front of him.But the arrangement for the massive cash windfall is likely illegal, according to lobbying experts.Holliday — who helms the company partnering with Jay-Z to win one of three available downstate gam

26like·0comment01-09

SL Green’s $740 million loan on Times Square building for Caesars' casino-bid lands in special servicing

Real estate giant SL Green’s $743 million loan tied to its 1515 Broadway tower near Times Square in NYC landed in special servicing late last month for imminent maturity default, according to a report from Morningstar. The site is the one SL Green has picked for its casino bid, where it proposes to

26like·0comment2024-11-15

SL Green’s $740M loan on building proposed for Caesars’s Times Square casino lands in special servicing

The $743 million loan tied to SL Green’s 1515 Broadway — the site of the office landlord’s casino bid — landed in special servicing late last month for imminent maturity default, according to a report from Morningstar.The loan comes due next March and a refinance would likely saddle SL Green with a

29like·0comment2024-11-14

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