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 Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has exceeded its initial $1.0 billion fundraising target for the SLG Opportunistic Debt Fund. The fund secured over $500.0 million in new commitments this week alone, with additional closings expected soon.
The discretionary fund, launched in 2024, is supported by global institutional investors including public pensions, insurance companies, and high-net-worth platforms. It focuses on capitalizing on the disconnect between improving leasing fundamentals and early-stage debt capital market recovery in New York City, where traditional financing remains limited.
The fund aims to provide current income and capital appreciation through structured debt investments, originating new loans and purchasing existing loans, loan portfolios, and controlling CMBS securities.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, reported Q2 2025 financial results with a net loss of $0.16 per share, compared to a $0.04 loss in Q2 2024. The company achieved FFO of $1.63 per share, including significant income from a commercial mortgage investment repayment at 522 Fifth Avenue.
Key operational highlights include signing 46 Manhattan office leases totaling 541,721 square feet in Q2 2025, with a positive mark-to-market of 2.4%. Manhattan same-store office occupancy stood at 91.4%, with expectations to reach 93.2% by year-end. The company increased its 2025 FFO guidance to $5.65-$5.95 per share, a $0.40 increase at the midpoint.
Notable transactions include the $200 million repayment of the 522 Fifth Avenue investment, sale of 85 Fifth Avenue for $47 million, and acquisition of the remaining 49.9% interest in 100 Park Avenue. The company's special servicing business grew to $6.1 billion in active assignments.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has secured a new 64,077 square foot lease with Sigma Computing for part of the 3rd floor at One Madison Avenue. This lease brings the property's occupancy to 78.1%.
The company has demonstrated strong leasing momentum in 2025, signing Manhattan office leases totaling 1.26 million square feet, with an additional pipeline of approximately 1.0 million square feet. One Madison Avenue features premium tenants including IBM, Franklin Templeton, Coinbase, Flutter Entertainment, and Palo Alto Networks.
The property, designed by Kohn Pedersen Fox, offers state-of-the-art amenities including a modern HVAC system, Le Jardin Sur Madison event space, Daniel Boulud's La Tête d'Or restaurant, The Commons tenant lounge, Chelsea Piers Fitness, and various retail offerings.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend of $0.2575 per share of common stock. This dividend equates to an annualized dividend of $3.09 per share. The dividend will be paid in cash on June 16, 2025, to shareholders who are on record as of the close of business on May 30, 2025.
SL Green Realty Corp (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend of $0.2575 per share of common stock. The dividend announcement, made on April 17, 2025, represents an annualized dividend of $3.09 per share. Shareholders of record as of April 30, 2025, will receive the cash dividend payment on May 15, 2025.
SL Green Realty Corp. (NYSE: SLG) reported Q1 2025 financial results with a net loss of $0.30 per share, compared to net income of $0.20 per share in Q1 2024. Funds from Operations (FFO) reached $1.40 per share, including $0.04 per share in negative non-cash fair value adjustments.
Key operational highlights include:
- 45 Manhattan office leases signed covering 602,105 square feet
- Same-store cash NOI increased 2.4% year-over-year
- Manhattan same-store office occupancy at 91.8%
- Average lease rent of $83.75 per square foot with 9.8-year average term
Notable transactions include the $130M acquisition of 500 Park Avenue, sale of 85 Fifth Avenue for $47M, and closing of six Giorgio Armani Residences sales generating $93.3M in net proceeds. The company maintains an active leasing pipeline of over 1.1 million square feet and expects to increase Manhattan office occupancy to 93.2% by year-end 2025.
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, payable on April 15, 2025, to shareholders of record as of March 31, 2025.
Additionally, the board declared a quarterly dividend on the Series I Preferred Stock of $0.40625 per share (annualized at $1.625 per share) for the period January 15, 2025, through April 14, 2025, with the same payment and record dates as the common stock dividend.
SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has appointed Peggy Lamb as an Independent Director to its Board of Directors. Lamb brings over thirty years of real estate industry experience and currently serves as Managing Director of Halstatt, and principal in Halstatt Real Estate Partners private equity real estate funds.
In her current role, Lamb oversees real estate transaction origination, underwriting, structuring, and management. Her background includes fifteen years at Goldman Sachs in investment banking. She also serves on the boards of Starwood REIT and Starwood Credit, participating in their audit and compensation committees.
Lamb holds an M.B.A. from Harvard Business School and a B.S. from the University of Illinois, and serves on real estate advisory boards at the University of Florida Bergstrom Real Estate Center and Florida Gulf Coast University Real Estate Center.