Sl Green Rlty Stock Price, News & Analysis

SL Green Realty (NYSE: SLG) reported that it has signed 2.3 million square feet of Manhattan office leases year-to-date in 2025 and maintains a current pipeline of approximately 1.2 million square feet. The company says this leasing pace puts its Manhattan same-store office occupancy on track to meet a 2025 target of 93.2%. Notable Q4 2025 leases include a 92,663 sq ft expansion at One Madison Avenue, a 9-year, 49,865 sq ft renewal/expansion with Wells Fargo at 280 Park Avenue, a 10-year, 39,799 sq ft new lease with Moroccanoil at 1185 Avenue of the Americas, a 9.5-year, 37,224 sq ft expansion with Houlihan Lokey at 245 Park Avenue, and a 10-year, 26,977 sq ft renewal at 800 Third Avenue.

SL Green commented that tenant demand remains robust and availability is declining heading into next year.

SL Green (NYSE: SLG) announced the final closing of its SLG Opportunistic Debt Fund on December 5, 2025 with total capital commitments of more than $1.3 billion. The Fund exceeded its original $1.0 billion fundraising objective and includes additional investment capacity via sidecar structures and discretionary separate accounts.

Launched in 2024, the Fund targets structured debt investments in high‑quality New York City assets, originating new loans and acquiring existing loans, loan portfolios and controlling CMBS securities, with an emphasis on current income, capital appreciation and downside protection.

SL Green (NYSE:SLG) closed on the purchase of its joint venture partners’ combined 39.48% interest in 800 Third Avenue for $5.1 million, bringing its ownership to 100% of the asset.

The company also completed a modification and extension of the property’s existing $177.0 million mortgage, moving the maturity from February 2026 to February 2031 (including extension options). The loan margin remains 1.70% over Term SOFR, and SL Green fixed the all-in rate at 5.03% from February 2026 through the initial maturity in February 2029.

800 Third Avenue is a 41-story Midtown Manhattan office tower near Grand Central Terminal and multiple subway lines.

SL Green Realty Corp (NYSE:SLG) announced a monthly ordinary dividend of $0.2575 per common share, equivalent to an annualized dividend of $3.09 per share. The dividend is payable in cash on December 15, 2025 to shareholders of record at the close of business on November 28, 2025.

SL Green Realty Corp (NYSE:SLG) announced a monthly ordinary cash dividend of $0.2575 per share, equivalent to an annualized dividend of $3.09 per share. The dividend is payable on November 17, 2025 to shareholders of record at the close of business on October 31, 2025.

SL Green Realty Corp. (NYSE: SLG) reported Q3 2025 net income $24.9M or $0.34 per share and FFO $120.4M or $1.58 per share (net of $13.1M transaction costs related to a gaming license).

Leasing momentum: 52 Manhattan leases (657,942 sq ft) in Q3 and Manhattan same-store occupancy of 92.4%, expected to reach 93.2% by Dec 31, 2025. Transactions: contract to buy Park Avenue Tower $730M, contract to buy 346 Madison + site $160M, and sale of 5% One Vanderbilt interest for $86.6M.

SL Green Realty (NYSE: SLG) reported signed Manhattan office leases totaling 1,924,364 sq ft year-to-date 2025 and a current leasing pipeline of more than 1.0M sq ft. Key 3Q/early 4Q deals raised One Madison Avenue leased occupancy to 91.2%, including a 92,663 sq ft 10-year lease to Harvey AI, a 92,663 sq ft 10-year financial services expansion, and an 11-year, 64,077 sq ft lease to Sigma Computing. Additional material deals include a 15-year, 66,106 sq ft NYS OGS expansion at 919 Third Avenue and multi-floor renewals/expansions at 280 Park Avenue.

Company commentary highlights robust Midtown demand and rising rents as submarket supply tightens.

SL Green (NYSE:SLG) agreed to acquire Park Avenue Tower at 65 East 55th Street for $730.0 million. The 36-story, 621,824 sq ft Class A office tower is block-through between 55th and 56th Streets and was completed in 1986 with recent upgrades to plaza, lobby, prebuilt suites and amenities.

The transaction is expected to close in Q1 2026, subject to customary closing conditions. Management cites below-market in-place rents and Park Avenue vacancy trending below 6% as drivers of long-term cash flow upside and strategic fit with SL Green's Park Avenue portfolio.

SL Green Realty Corp (NYSE:SLG) announced completion of a sale of a 5.0% interest in One Vanderbilt Avenue to Mori Building Co., Ltd on October 15, 2025, following Mori’s prior 11.0% purchase in November 2024. Both investments were transacted at a gross valuation of $4.7 billion. After the closing, SL Green retains a 55.0% stake in the 1.7 million-square-foot, 1,401-foot trophy tower, which is reported as 100 percent leased and features SUMMIT One Vanderbilt and two Michelin-starred restaurants.

The transaction increases Mori Building’s total interest to 16.0% and reinforces a continued partnership between the two firms in a landmark Manhattan office asset.