Welcome to our dedicated page for Sl Green Rlty news (Ticker: SLG), a resource for investors and traders seeking the latest updates and insights on Sl Green Rlty stock.
SL Green Realty Corp. reports developments tied to its role as a Manhattan-focused office real estate investment trust and landlord. News commonly covers office leasing activity across major New York properties, asset management assignments through Green Property Services, development and adaptive reuse projects such as One Madison Avenue, and portfolio exposure to office and select retail real estate.
Company updates also include dividend actions, credit facility refinancing, debt fund and capital-platform activity, operating and financial results, and governance or leadership changes. These announcements reflect SL Green’s recurring focus on leasing, financing, portfolio management, and shareholder distributions within the Manhattan commercial real estate market.
SL Green (NYSE: SLG) announced a new 10-year lease for 98,420 square feet covering the entire 11th floor at 11 Madison Avenue with a leading AI tenant. This brings SL Green’s 2026 office leasing volume to 1,478,673 square feet year-to-date, with a current pipeline exceeding 900,000 square feet.
According to the company, 11 Madison Avenue is fully leased after nearly 300,000 square feet of additional office leases since early 2025, and adjacent One Madison Avenue (about 1.4 million square feet) is also fully leased to AI and technology tenants.
SL Green (NYSE: SLG) reported a second quarter 2026 net loss attributable to common stockholders of $26.5 million, or $0.38 per diluted share, versus a $0.16 loss a year earlier. Diluted FFO was $1.43 per share, compared with $1.63, which previously included $0.61 per share of one‑time income from a commercial mortgage resolution.
The company raised its 2026 FFO guidance from $4.40–$4.70 to $5.60–$5.90 per share and increased net income guidance to $0.20–$0.50 per share. Drivers include higher NOI, incremental fees and other income, and additional income from One Vanderbilt Avenue. Manhattan same‑store cash NOI rose 4.3% in Q2 and occupancy increased to 94.7%, with mark‑to‑market rents on replacement leases up 18.0% in Q2.
SL Green highlighted investment activity including closing the $222.6 million sale of 7 Dey Street’s residential and retail components, selling a 49% joint venture interest in 346 Madison Avenue at a $175.0 million valuation, and entering a $312.2 million contract to sell 10 East 53rd Street. The company deployed $94.7 million from its $1.3 billion opportunistic debt fund in Q2, repurchased $14.1 million of stock at an average $49.67 per share, and declared a quarterly common dividend of $0.6175 per share.
SL Green (NYSE: SLG) announced that SUMMIT Entertainment Ventures (SEV), its joint venture with artist Kenzo Digital, has reached an agreement to bring the immersive SUMMIT observatory experience to Tokyo, the second announced location in SEV’s global portfolio after SUMMIT Paris, anticipated to open in June 2027.
Kenzo Digital Immersive will evolve SUMMIT One Vanderbilt’s signature design for Tokyo, drawing on Japanese cultural traditions and nature themes. According to SL Green, SUMMIT One Vanderbilt has welcomed nearly 10 million visitors since 2021 and has received multiple international tourism and design awards.
SL Green (NYSE: SLG) will release its Q2 2026 financial results after market close on July 22, 2026. Management, led by Chairman and CEO Marc Holliday, will host a conference call and audio webcast on July 23, 2026 at 2:00pm ET to discuss results.
SL Green Realty (NYSE:SLG) declared a quarterly ordinary dividend of $0.6175 per common share, equal to an annualized $2.47 per share. The dividend will be paid in cash on July 15, 2026 to shareholders of record on June 30, 2026. The board also declared a quarterly dividend on Series I Preferred Stock of $0.40625 per share, equal to an annualized $1.625 per share, payable on the same date to shareholders of record on June 30, 2026.
SL Green (NYSE: SLG) agreed to sell 10 East 53rd Street to Meadow Partners for $312.2 million. Closing is expected in the third quarter of 2026, subject to customary conditions.
The deal should generate about $100 million in net cash for corporate debt repayment and advances SL Green’s $2.5 billion 2026 strategic disposition plan. The 37‑story, 390,000 square foot East Midtown property is 92% leased, and SL Green will continue to manage it.
SL Green (NYSE: SLG) formed a joint venture with Mori Building for the development of 346 Madison Avenue in New York. SL Green sold a 49.0% interest to Mori Building at a gross valuation of $175.0 million and retains 51.0%, acting as development and leasing manager.
The planned 46-floor, all-electric office tower near Grand Central will offer approximately 850,000 rentable square feet, column-free floorplates, high ceilings, extensive terraces and loggias, plus wellness, fitness, auditorium, lounge and restaurant amenities.
SL Green Realty (NYSE: SLG) said One Madison Avenue won the 2026 ULI Award for Excellence in Office Development for design, sustainability and adaptive reuse. The redevelopment completed December 2024, is 100% leased, retains 67% of the original structure, targets >60% energy reduction, and closed a $1.65 billion refinancing.
SL Green (NYSE: SLG) secured the asset management assignment to launch leasing at 15 Laight Street, a newly constructed 109,000 square foot boutique office building in Tribeca owned by Hyundai Motor Group. Green Property Services will manage leasing after an investment via an affiliate of SL Green's $1.3 billion debt fund. The building offers immediate occupancy, extensive outdoor terraces, oversized windows, healthy workplace infrastructure, and a curated amenity program. CBRE represented ownership; leasing will be overseen by SL Green and CBRE leasing leads.
SL Green Realty Corp. (NYSE: SLG) reported Q1 2026 net loss of $84.4 million, or ($1.20) per share, and FFO of $64.6 million, $0.84 per share. The company reaffirmed 2026 FFO guidance of $4.40–$4.70 per share (midpoint $4.55).
Operationally, SL Green signed 51 Manhattan leases totaling 929,264 sq ft (Q1 record) with mark-to-market rents up 16.1%, and Manhattan same-store office occupancy rose to 94.4%. Key transactions: contract to sell residential/retail at 7 Dey Street for $222.6M and closed sale of 690 Madison Avenue for $54.5M. Financing: completed $1.65B SASB CMBS at 5.81% and refinanced $2.0B of corporate credit facility with 25 bps lower spreads.