SL GREEN REALTY CORP

SL Green Realty Corp. announced its third quarter 2026 financial results, reporting a significant increase in net income to $1.01 per share from $0.34 in the prior year, and FFO of $1.59 per share, slightly up from $1.58. The company raised its full-year 2026 guidance for both FFO and net income, reflecting strong leasing activity and property sales. Key highlights include robust leasing in Manhattan, with mark-to-market increases, and strategic property transactions including a new sale contract and a recently closed sale.

SL Green Realty Corp. reported a widening net loss for the second quarter and first half of 2026. The net loss attributable to common stockholders increased to $(26.5) million for Q2 2026 and $(110.9) million for the six months ended June 30, 2026. Despite an increase in total revenues, higher operating expenses, interest expenses, and significant depreciable real estate reserves contributed to the increased losses. The company also reported an increase in total assets and liabilities, alongside common stock repurchases.

SL Green Realty Corp. reported its second quarter 2026 results, including a net loss of $(0.38) per share and FFO of $1.43 per share. The company significantly increased its full-year 2026 guidance, raising the FFO range to $5.60-$5.90 per share and net income guidance to $0.20-$0.50 per share. Operational highlights included signing 445,161 square feet of Manhattan office leases and a 4.3% increase in same-store cash NOI, alongside strategic property sales and a stock buyback.

SL Green Realty Corp. announced a new 10-year lease with a leading AI tenant for 98,420 square feet at 11 Madison Avenue, making the building fully leased. This transaction contributes to the 1,478,673 square feet of office leases signed by SL Green in 2026, with an additional pipeline of over 900,000 square feet. The company also highlighted that its adjacent One Madison Avenue, which added 1.4 million square feet of new inventory, is fully leased with industry-leading AI and technology tenants.

SL Green Realty Corp. announced that its joint venture, SUMMIT Entertainment Ventures (SEV), will expand its immersive observatory experience to Tokyo. This marks the second global location for SEV, following the anticipated opening of SUMMIT Paris in June 2027. The original SUMMIT One Vanderbilt in Manhattan has seen significant success, welcoming nearly 10 million visitors since 2021.

SL Green Realty Corp. announced it will release its second-quarter 2026 earnings after market close on Wednesday, July 22, 2026. The company's executive management team will host a conference call and audio webcast to discuss the financial results on Thursday, July 23, 2026, at 2:00 PM ET. Supplemental data will be available on the company's website.

SL Green Realty Corp. announced a quarterly ordinary dividend of $0.6175 per share of common stock, which translates to an annualized dividend of $2.47 per share. The company also declared a regular quarterly dividend of $0.40625 per share on its Series I Preferred Stock, equivalent to an annualized dividend of $1.625 per share. Both dividends are payable in cash on July 15, 2026, to shareholders of record at the close of business on June 30, 2026.

SL Green Realty Corp. announced the sale of its 10 East 53rd Street property to Meadow Partners for $312.2 million. The transaction, expected to close in the third quarter of 2026, will generate approximately $100.0 million in net cash proceeds, which will be used for corporate debt repayment. This sale is a significant step in the company's $2.5 billion 2026 strategic disposition plan, validating its redevelopment and asset management initiatives.

SL Green Realty Corp. announced it secured the asset management assignment for 15 Laight Street, a 109,000 square foot newly constructed boutique office building in Tribeca. Owned by Hyundai Motor Group, SL Green's Green Property Services will provide comprehensive leasing and asset management. This partnership leverages SL Green's credit capabilities and operating expertise, bringing a high-quality property to a high-demand submarket for creative, technology, and financial services tenants.

SL Green Realty Corp. provided supplemental operational data for the quarter ended March 31, 2026. The real estate investment trust held interests in 55 buildings, totaling 30.8 million square feet. This included 29.4 million square feet of ownership interests and 1.4 million square feet securing debt and preferred equity investments. The company also managed 3 third-party owned buildings totaling 0.8 million square feet.