Sl Green Rlty Stock Price, News & Analysis

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.

SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has scheduled its Q3 2025 earnings release for October 15, 2025 after market close. The company will host a conference call and audio webcast on October 16, 2025 at 2:00pm ET, led by Chairman and CEO Marc Holliday.

Supplemental data will be available on the company's website concurrent with the earnings release. The conference call will be accessible in listen-only mode through a webcast, with a replay available afterward on SL Green's website.

SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, and its partner PGIM have successfully completed a $1.4 billion refinancing of 11 Madison Avenue. The five-year, fixed-rate mortgage carries a 5.625% coupon, hedged to 5.592% for SL Green's portion.

The CMBS financing, led by Wells Fargo Bank with participation from major global financial institutions, replaces the previous $1.4 billion debt structure. The 2.3 million-square-foot, 30-story office tower is currently 93% occupied with prestigious tenants including UBS, Sony, and Fidelity.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has completed significant transactions at 1552-1560 Broadway in Times Square. The company, along with joint venture partner Wharton Properties, acquired debt claims totaling $219.5 million for $63.0 million in June, including debt for both fee and leasehold interests.

The joint venture subsequently secured a ground lease and sign bracing agreement at 1560 Broadway with GFP Real Estate and Benenson Capital Partners, extending through 2074. Additionally, 1552 Broadway, previously occupied by Express, has been temporarily leased to an apparel retailer while seeking a long-term tenant, with LED signs being leased separately.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared its latest dividend distributions. The company announced a monthly ordinary dividend of $0.2575 per share of common stock, equivalent to an annualized dividend of $3.09 per share.

Additionally, SLG declared a quarterly dividend of $0.40625 per share on its Series I Preferred Stock, equivalent to an annualized dividend of $1.625 per share. Both dividends will be paid in cash on October 15, 2025, to shareholders of record as of September 30, 2025.