_ GF REEN R E A L T Y C O R P. SECOND QUARTER 2024 SUPPLEMENTAL DATA June 30, 2024 A SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with inhouse capabilities in property management, acquisitions and dispositions, financing, development, redevelopment, construction and leasing. As of June 30, 2024, the Company held interests in 55 buildings totaling 31.8 million square feet. This included ownership interests in 28.1 million square feet in Manhattan buildings and 2.8 million sq ...

Liquidity SL Green exited the second quarter with cash and cash equivalents of $199.5 million, up from $196 million recorded as of Mar 31, 2024. 2024 Guidance Raised SL Green has increased its 2024 FFO per share outlook and now expects it in the range of $7.45-$7.75 compared with $7.35-$7.65 guided earlier. This marks a 10 cents per share increase at the midpoint and reflects the superior performance of the real estate portfolio and SUMMIT One Vanderbilt, along with additional fee generation. The Zacks Cons ...

For the quarter ended June 2024, SL Green (SLG) reported revenue of $135.56 million, down 18.2% over the same period last year. EPS came in at $2.05, compared to -$5.63 in the year-ago quarter. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

SL Green (SLG) came out with quarterly funds from operations (FFO) of $2.05 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to FFO of $1.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 26.54%. A quarter ago, it was expected that this commercial real estate investment trust would post FFO of $2.32 per share when it actually produced FFO of $3.07, delivering a surprise of 32.33%. Over the last fo ...

Net loss attributable to common stockholders of $0.04 per share for the second quarter of 2024 as compared to net loss of $5.63 per share for the same period in 2023. Funds from operations, or FFO, of $2.05 per share for the second quarter of 2024, inclusive of $48.5 million, or $0.69 per share, of gains on discounted debt extinguishments at 280 Park Avenue and 719 Seventh Avenue and $1.4 million, or $0.02 per share, of positive non-cash fair value adjustments on mark-to-market derivatives. The Company repo ...

Net loss attributable to common stockholders of $0.04 per share for the second quarter of 2024 as compared to net loss of $5.63 per share for the same period in 2023. Funds from operations, or FFO, of $2.05 per share for the second quarter of 2024, inclusive of $48.5 million, or $0.69 per share, of gains on discounted debt extinguishments at 280 Park Avenue and 719 Seventh Avenue and $1.4 million, or $0.02 per share, of positive non-cash fair value adjustments on mark-to-market derivatives. The Company repo ...

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has signed retail leases totaling 66,014 square feet since the end of the first quarter of 2024 and has reached full retail occupancy at One Madison Avenue. The new hospitality-focused retail tenants augment the building's existing lifestyle flagship retail tenant Chelsea Piers, which will open its second Manhattan location at the tower in August 2024. La Tête d'Or by D ...

The new hospitality-focused retail tenants augment the building's existing lifestyle flagship retail tenant Chelsea Piers, which will open its second Manhattan location at the tower in August 2024. NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has signed retail leases totaling 66,014 square feet since the end of the first quarter of 2024 and has reached full retail occupancy at One Madison Avenue. Located adjacent ...

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has closed on the sale of three properties totaling $691.4 million, including 625 Madison Avenue, 719 Seventh Avenue and the Palisades Premier Conference Center, which generated net proceeds to the Company of $222.7 million that was used for corporate debt repayment. "As we enter the second half of the year with an improving market backdrop, we have made meaningful prog ...

625 Madison Avenue: Together with its joint venture partner, the Company closed on the sale of the fee ownership interest in 625 Madison Avenue for a gross sales price of $634.6 million plus certain fees payable to the Company. In connection with the sale, the Company, together with its joint venture partner, originated a $235.5 million preferred equity investment in the property. The transaction generated net proceeds to the Company of $199.3 million. 719 Seventh Avenue: The Company closed on the sale of 7 ...