Submitted by WSN_Staff on Wed, 08/05/2009 - 11:43.
On July 13th I wrote SL Green Realty Corp.'s 30% Fall Since June, Bank on Sinatra? when SL Green Realty Corp. (NYSE:SLG) shares had fallen close to 30% since June and trading around $19 a share. Pointing out that REITs had lost their luster, but what makes SL Green so compelling is its assets in New York, and they have some of the most valuable properties in the world a la midtown Manhattan. Checking back in on SLG today shares are at $28.83 a cool 54% increase in 16 trading days.