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SL GREEN readies Qualifications. Unsure It Will Submit. Seek Hub Presence Posted on Tuesday, September 25 @ 17:34:37 EDT by jfbailey

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WPCNR The Developer News  By John F. Bailey. September 25, 2007 UPDATED 9:30 P.M.: Rick Matthews, a spokesperson for Reckson/SL Green confirmed today that the company was “preparing for a possible submission under the White Plains RFQ (Request For Qualifications), but they are not prepared to say they are going ahead and submit.”

This week, Matthews also confirmed what John McCarthy, of McCarthy & Associates in White Plains had confirmed to WPCNR last week that SLGreen had placed some key Westchester holdings on the commercial market.

Matthews said SL Green was offering for sale 100, 120 and 520 White Plains Road in Tarrytown, there major office complexes. He said they were shopping The Summit (100, 200, and 500 Summit Lake Drive) in Valhalla, and the Mount Pleasant Corporate Center, 115 and 117 Stevens Avenue.

Asked the significance of putting these properties on the market, Matthews said, ”This is further refinement of the portfolio following the Acquisition of Reckson earlier this year….these properties don’t fit the market  as much as the other properties in the portfolio in terms of SL GREEN wanting to be in the more urban parts of the county where there are transit hubs like White Plains.”

Four members of the Common Council in an "opinion" expressed September 7 in the press said they were unwilling to entertain any provisions of the RFQ as it was sent out to potential developers approximately August 23.

No connection, but 115 Stevens Avenue is the headquarters of Cappelli Enterprises. Cappelli Enterprises is scheduled to move into the second tower at the Ritz Carlton Westchester when it is completed in August 2008.


 
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