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[8-K] SL GREEN REALTY CORP Reports Material Event

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SL Green Realty Corp. furnished an update on October 15, 2025, announcing results for the quarter ended September 30, 2025. The company provided a press release and a detailed supplemental package to explain operating trends and metrics; these materials are attached as Exhibits 99.1 and 99.2.

The disclosure was made under Items 2.02 and 7.01 and is being furnished, not filed. The company also outlined how it uses key non-GAAP REIT measures—FFO, FAD, EBITDAre, NOI and Cash NOI—to evaluate performance, liquidity and coverage, with definitions aligned to NAREIT where applicable.

SL Green Realty Corp. ha fornito un aggiornamento il 15 ottobre 2025, annunciando i risultati per il trimestre chiuso al 30 settembre 2025. L'azienda ha pubblicato un comunicato stampa e un pacchetto supplementare dettagliato per spiegare le tendenze operative e gli indicatori; tali materiali sono allegati come Allegati 99.1 e 99.2.

La divulgazione è stata effettuata conformemente agli Items 2.02 e 7.01 ed è fornita, non registrata. L'azienda ha anche illustrato come utilizza le principali misure non GAAP REIT—FFO, FAD, EBITDAre, NOI e Cash NOI—to valutare prestazioni, liquidità e copertura, con definizioni allineate a NAREIT ove applicabile.

SL Green Realty Corp. presentó una actualización el 15 de octubre de 2025, anunciando los resultados del trimestre terminado al 30 de septiembre de 2025. La empresa proporcionó un comunicado de prensa y un paquete suplementario detallado para explicar las tendencias operativas y métricas; dichos materiales se adjuntan como los Anexos 99.1 y 99.2.

La divulgación se realizó bajo los Items 2.02 y 7.01 y se está facilitando, no presentado para su archivo. La empresa también describió cómo utiliza las principales medidas no GAAP REIT—FFO, FAD, EBITDAre, NOI y Cash NOI—to evaluar el rendimiento, la liquidez y la cobertura, con definiciones alineadas con NAREIT cuando sea aplicable.

SL Green Realty Corp.는 2025년 10월 15일 업데이트를 제공했고 2025년 9월 30일 종료된 분기의 실적을 발표했습니다. 회사는 운영 동향과 지표를 설명하기 위한 보도자료와 상세한 보충 패키지를 제공했으며, 이 자료는 Exhibits 99.1 및 99.2로 첨부되어 있습니다.

공시는 항목 2.02 및 7.01에 따라 이루어졌으며, 제출되는 것이고 제출은 아닙니다. 또한 회사는 비-GAAP REIT 주요 지표인 FFO, FAD, EBITDAre, NOI 및 Cash NOI를 활용해 실적, 유동성 및 커버리지를 평가하는 방법을 설명했으며, 가능한 경우 정의를 NAREIT에 맞추었습니다.

SL Green Realty Corp. a publié une mise à jour le 15 octobre 2025, annonçant les résultats du trimestre clos au 30 septembre 2025. L'entreprise a fourni un communiqué de presse et un paquet d'informations complémentaires détaillé pour expliquer les tendances opérationnelles et les mesures; ces documents sont joints en tant qu'Exhibits 99.1 et 99.2.

La divulgation a été faite en vertu des dispositions des Items 2.02 et 7.01 et est fournie, non déposée. L'entreprise a également décrit comment elle utilise les principaux indicateurs non-GAAP REIT—FFO, FAD, EBITDAre, NOI et Cash NOI—to évaluer la performance, la liquidité et la couverture, avec des définitions alignées sur NAREIT lorsque cela est applicable.

SL Green Realty Corp. hat am 15. Oktober 2025 ein Update vorgelegt und Ergebnisse für das Quartal mit Ende 30. September 2025 bekannt gegeben. Das Unternehmen hat eine Pressemitteilung und ein detailliertes ergänzendes Paket bereitgestellt, um Betriebstrends und Kennzahlen zu erläutern; diese Unterlagen sind als Exhibits 99.1 und 99.2 beigefügt.

Die Offenlegung erfolgte gemäß den Items 2.02 und 7.01 und wird vorgelegt, nicht eingereicht. Das Unternehmen erläuterte auch, wie es zentrale non-GAAP REIT-Kennzahlen—FFO, FAD, EBITDAre, NOI und Cash NOI—verwendet, um Leistung, Liquidität und Abdeckung zu bewerten, mit Definitionen, soweit zutreffend, an NAREIT angepasst.

SL Green Realty Corp. قدمت تحديثاً في 15 أكتوبر 2025، أعلنت فيه نتائج الربع المنتهي في 30 سبتمبر 2025. قدمت الشركة بياناً صحفياً وحزمة مكملة مفصلة لشرح الاتجاهات التشغيلية والقياسات؛ هذه المواد مرفقة كالسجلين 99.1 و99.2.

تم الكشف وفق البنود 2.02 و7.01 وهي تُقدم، وليست مُسجّلة. كما خطت الشركة كيف تستخدم مقاييس REIT غير GAAP الرئيسة—FFO وFAD و EBITDAre و NOI وCash NOI—لتقييم الأداء والسيولة والتغطية، مع تعريفات متوافقة مع NAREIT حيثما كان ذلك مناسباً.

SL Green Realty Corp. 于2025年10月15日发布更新,公布截至2025年9月30日的季度业绩。公司提供了一份新闻稿和一份详细的补充包以解释经营趋势和指标;这些材料作为 Exhibits 99.1 和 99.2 附在其中。

披露依据 Item 2.02 和 7.01 进行,且被提供而非提交。公司还概述了如何使用关键的非 GAAP REIT 指标——FFO、FAD、EBITDAre、NOI 和 Cash NOI——来评估绩效、流动性和覆盖率,定义在适用时与 NAREIT 保持一致。

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SL Green Realty Corp. ha fornito un aggiornamento il 15 ottobre 2025, annunciando i risultati per il trimestre chiuso al 30 settembre 2025. L'azienda ha pubblicato un comunicato stampa e un pacchetto supplementare dettagliato per spiegare le tendenze operative e gli indicatori; tali materiali sono allegati come Allegati 99.1 e 99.2.

La divulgazione è stata effettuata conformemente agli Items 2.02 e 7.01 ed è fornita, non registrata. L'azienda ha anche illustrato come utilizza le principali misure non GAAP REIT—FFO, FAD, EBITDAre, NOI e Cash NOI—to valutare prestazioni, liquidità e copertura, con definizioni allineate a NAREIT ove applicabile.

SL Green Realty Corp. presentó una actualización el 15 de octubre de 2025, anunciando los resultados del trimestre terminado al 30 de septiembre de 2025. La empresa proporcionó un comunicado de prensa y un paquete suplementario detallado para explicar las tendencias operativas y métricas; dichos materiales se adjuntan como los Anexos 99.1 y 99.2.

La divulgación se realizó bajo los Items 2.02 y 7.01 y se está facilitando, no presentado para su archivo. La empresa también describió cómo utiliza las principales medidas no GAAP REIT—FFO, FAD, EBITDAre, NOI y Cash NOI—to evaluar el rendimiento, la liquidez y la cobertura, con definiciones alineadas con NAREIT cuando sea aplicable.

SL Green Realty Corp.는 2025년 10월 15일 업데이트를 제공했고 2025년 9월 30일 종료된 분기의 실적을 발표했습니다. 회사는 운영 동향과 지표를 설명하기 위한 보도자료와 상세한 보충 패키지를 제공했으며, 이 자료는 Exhibits 99.1 및 99.2로 첨부되어 있습니다.

공시는 항목 2.02 및 7.01에 따라 이루어졌으며, 제출되는 것이고 제출은 아닙니다. 또한 회사는 비-GAAP REIT 주요 지표인 FFO, FAD, EBITDAre, NOI 및 Cash NOI를 활용해 실적, 유동성 및 커버리지를 평가하는 방법을 설명했으며, 가능한 경우 정의를 NAREIT에 맞추었습니다.

SL Green Realty Corp. a publié une mise à jour le 15 octobre 2025, annonçant les résultats du trimestre clos au 30 septembre 2025. L'entreprise a fourni un communiqué de presse et un paquet d'informations complémentaires détaillé pour expliquer les tendances opérationnelles et les mesures; ces documents sont joints en tant qu'Exhibits 99.1 et 99.2.

La divulgation a été faite en vertu des dispositions des Items 2.02 et 7.01 et est fournie, non déposée. L'entreprise a également décrit comment elle utilise les principaux indicateurs non-GAAP REIT—FFO, FAD, EBITDAre, NOI et Cash NOI—to évaluer la performance, la liquidité et la couverture, avec des définitions alignées sur NAREIT lorsque cela est applicable.

SL Green Realty Corp. hat am 15. Oktober 2025 ein Update vorgelegt und Ergebnisse für das Quartal mit Ende 30. September 2025 bekannt gegeben. Das Unternehmen hat eine Pressemitteilung und ein detailliertes ergänzendes Paket bereitgestellt, um Betriebstrends und Kennzahlen zu erläutern; diese Unterlagen sind als Exhibits 99.1 und 99.2 beigefügt.

Die Offenlegung erfolgte gemäß den Items 2.02 und 7.01 und wird vorgelegt, nicht eingereicht. Das Unternehmen erläuterte auch, wie es zentrale non-GAAP REIT-Kennzahlen—FFO, FAD, EBITDAre, NOI und Cash NOI—verwendet, um Leistung, Liquidität und Abdeckung zu bewerten, mit Definitionen, soweit zutreffend, an NAREIT angepasst.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 15, 2025

SL GREEN REALTY CORP.
(Exact name of registrant as specified in its charter)

Maryland
(State or other jurisdiction of incorporation or organization)

1-1319913-3956775
(Commission File Number)       (I.R.S. Employer Identification No.)
One Vanderbilt Avenue                10017
New York,New York             (Zip Code)
(Address of principal executive offices)
(212) 594-2700
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
RegistrantTrading SymbolTitle of Each ClassName of Each Exchange on Which Registered
SL Green Realty Corp.SLGCommon Stock, $0.01 par valueNew York Stock Exchange
SL Green Realty Corp.SLG.PRI6.500% Series I Cumulative Redeemable Preferred Stock, $0.01 par valueNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company     []
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act [ ]



Item 2.02.    Results of Operations and Financial Condition

Following the issuance of a press release on October 15, 2025 announcing SL Green Realty Corp.’s, or the Company, results for the quarter ended September 30, 2025, the Company has made available on its website supplemental information regarding the Company’s operations that is too voluminous for a press release. The Company is attaching the press release as Exhibit 99.1 and the supplemental package as Exhibit 99.2 to this Current Report on Form 8-K.

The information (including Exhibits 99.1 and 99.2) being furnished pursuant to this “Item 2.02. Results of Operations and Financial Condition” shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Act, or the Exchange Act regardless of any general incorporation language in such filing.

Item 7.01.    Regulation FD Disclosure

As discussed in Item 2.02 above, on October 15, 2025, the Company issued a press release announcing its results for the quarter ended September 30, 2025.

The information being furnished pursuant to this “Item 7.01. Regulation FD Disclosure” shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing. This information will not be deemed an admission as to the materiality of such information that is required to be disclosed solely by Regulation FD.

Item 9.01.    Financial Statements and Exhibits

(d)     Exhibits

    99.1    Press release regarding results for the quarter ended September 30, 2025.
    99.2    Supplemental package.

Non-GAAP Supplemental Financial Measures

Funds from Operations (FFO)

FFO is a widely recognized non-GAAP financial measure of REIT performance. The Company computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, or NAREIT, which may not be comparable to FFO reported by other REITs that do not compute FFO in accordance with the NAREIT definition, or that interpret the NAREIT definition differently than the Company does. The revised White Paper on FFO approved by the Board of Governors of NAREIT in April 2002, and subsequently amended in December 2018, defines FFO as net income (loss) (computed in accordance with GAAP), excluding gains (or losses) from sales of properties, and real estate related impairment charges, plus real estate related depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.

The Company presents FFO because it considers it an important supplemental measure of the Company’s operating performance and believes that it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, particularly those that own and operate commercial office properties. The Company also uses FFO as one of several criteria to determine performance-based compensation for members of its senior management. FFO is intended to exclude GAAP historical cost depreciation and amortization of real estate and related assets, which assumes that the value of real estate assets diminishes ratably over time. Historically, however, real estate values have risen or fallen with market conditions. Because FFO excludes depreciation and amortization unique to real estate, gains and losses from property dispositions, and real estate related impairment charges, it provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, and interest costs, providing perspective not immediately apparent from net income. FFO does not represent cash generated from operating activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance or to cash flow from operating activities (determined in accordance with GAAP) as a measure of the Company’s liquidity, nor is it indicative of funds available to fund the Company’s cash needs, including the Company's ability to make cash distributions.




Funds Available for Distribution (FAD)

FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.
FAD is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined in accordance with GAAP. FAD is presented solely as a supplemental disclosure with respect to liquidity. Because all companies do not calculate FAD the same way, the presentation of FAD may not be comparable to similarly titled measures of other companies. FAD does not represent cash flow from operating, investing and finance activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.
Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre)

EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by NAREIT, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the NAREIT definition, or that interpret the NAREIT definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of NAREIT in September 2017 defines EBITDAre as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.
The Company presents EBITDAre because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company’s ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.
Net Operating Income (NOI) and Cash NOI
NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

The Company presents NOI and Cash NOI because the Company believes that these measures, when taken together with the corresponding GAAP financial measures and reconciliations, provide investors with meaningful information regarding the operating performance of properties. When operating performance is compared across multiple periods, the investor is provided with information not immediately apparent from net income that is determined in accordance with GAAP. NOI and Cash NOI provide information on trends in the revenue generated and expenses incurred in operating the Company's properties, unaffected by the cost of leverage, straight-line adjustments, depreciation, amortization, and other net income components. The Company uses these metrics internally as performance measures. None of these measures is an alternative to net income (determined in accordance with GAAP) and same-store performance should not be considered an alternative to GAAP net income performance.
Coverage Ratios
The Company presents fixed charge and debt service coverage ratios to provide a measure of the Company’s financial flexibility to service current debt amortization, interest expense and operating lease rent from current cash net operating income. These coverage ratios represent a common measure of the Company’s ability to service fixed cash payments; however, these ratios are not used as an alternative to cash flow from operating, financing and investing activities (determined in accordance with GAAP).



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

SL GREEN REALTY CORP.
/s/ Matthew J. DiLiberto
Matthew J. DiLiberto
Chief Financial Officer
Date: October 16, 2025



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