SL Green Realty Corp. and Vornado Realty Trust closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue. The modification extended the maturity date to September 2026, with the partnership?s option to extend to a fully extended maturity date of September 2028.

The interest rate was maintained through the fully extended maturity date at 1.78% over Term SOFR.