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 scheduled the release of its first quarter 2025 financial results for Wednesday, April 16, 2025, after market close.
The company will host a conference call and audio webcast on Thursday, April 17, 2025, at 2:00pm ET, led by Chairman and CEO Marc Holliday, to discuss the quarterly results. Supplemental data will be made available in the Investors section of the SL Green website simultaneously with the earnings release.
The conference call will be available in listen-only mode through a live webcast, with a replay accessible in the Investors section of the company website. Research analysts wanting to participate must pre-register through the provided registration link.
SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has secured a significant lease agreement at 125 Park Avenue. The company announced a fifteen-year, 144,418 square foot renewal and expansion lease with Newmark & Company Real Estate, bringing Newmark's total footprint to 184,239 square feet.
The deal contributes to SL Green's strong leasing performance in 2025, with Manhattan office leases totaling 455,008 square feet and a current pipeline of approximately 975,000 square feet. The property, which is now over 99% leased, is undergoing improvements including a new lobby design and restoration of the building's entrance to its original design.
125 Park Avenue, designated as a New York City landmark for its contribution to Midtown East, is strategically located across from Grand Central Terminal.
SL Green Realty Corp (NYSE: SLG), New York City's largest office landlord, has announced its participation in Citi's 30th Annual Global Property CEO Conference. The company's Chairman and CEO Marc Holliday and CFO Matt DiLiberto will engage in a roundtable discussion on Monday, March 3, 2025, at 8:50 AM ET.
The discussion will be accessible via a live audio-webcast in listen-only mode through the Investors section of SL Green's website under 'Presentations & Webcasts.' A replay of the webcast will also be made available through the same platform.
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 represents an annualized dividend of $3.09 per share. The cash dividend will be paid on March 17, 2025, to shareholders of record as of the close of business on February 28, 2025.
SL Green Realty Corp reported Q4 2024 net income of $0.13 per share, compared to a net loss of $2.45 per share in Q4 2023. Funds from operations (FFO) reached $1.81 per share in Q4 2024, including $0.36 per share gain from debt extinguishment and $0.10 per share from positive mark-to-market adjustments.
The company signed 48 Manhattan office leases covering 1.79M square feet in Q4, with an 9.0% higher mark-to-market on rents. Manhattan same-store office occupancy increased to 92.5%. Notable transactions include selling an 11.0% interest in One Vanderbilt Avenue at $4.7B valuation, generating $189.5M in proceeds, and acquiring 500 Park Avenue for $130.0M.
Same-store cash NOI decreased 2.7% in Q4 and 1.2% for the full year. The company completed $5.3B in strategic debt refinancings and expanded its special servicing business to $5.0B in active assignments.
SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has announced a significant expansion lease with IBM at One Madison Avenue. The 92,663-square-foot, 15-year lease encompasses the entire 7th floor, bringing IBM's total footprint at the property to 362,092 square feet.
The expansion brings the building's occupancy to 72% leased. This follows SL Green's strong portfolio-wide leasing performance in 2024, during which the company signed 188 leases covering 3,607,924 square feet. The company currently maintains an active pipeline of prospective leases exceeding 875,000 square feet.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has announced its 2025 Annual Meeting of Stockholders will be held on Tuesday, June 3, 2025. The meeting will take place in-person at the auditorium of One Vanderbilt Avenue, New York, starting at 12:00pm ET. The company's board of directors has set Monday, March 31, 2025, as the record date for determining stockholder eligibility to receive notice and vote at the Annual Meeting. Additional meeting details will be provided in the upcoming proxy statement and related materials.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has announced a monthly dividend declaration for its common stock. The company's board of directors has declared a monthly ordinary dividend of $0.2575 per share, equivalent to an annualized dividend of $3.09 per share. The dividend will be paid in cash on February 18, 2025, to shareholders of record as of the close of business on January 31, 2025.
SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has scheduled its fourth quarter 2024 earnings release for January 22, 2025, after market close. The company will hold a conference call and audio webcast on January 23, 2025, at 2:00pm ET, led by Chairman and CEO Marc Holliday, to discuss the financial results. Supplemental data will be available on the company's website simultaneously with the earnings release. Research analysts wanting to participate in the conference call must register in advance through the provided link.
SL Green Realty Corp (NYSE: SLG), Manhattan's largest office landlord, has secured a significant lease renewal with The Travelers Insurance Company at 485 Lexington Avenue. The renewal encompasses 122,788 square feet, covering a portion of the seventh floor and the entirety of the eighth and ninth floors, extending for an additional 10 years.
This transaction brings SL Green's total office leases signed year to date to 3,518,829 square feet, with an additional pipeline exceeding 900,000 square feet. The company reports that Midtown leasing momentum continues to outperform both 5-year and 10-year averages.