SLG - SL Green Realty Corp.
NEW YORK, Aug. 18, 2026 /PRNewswire/ -- Global law firm Greenberg Traurig, LLP represented SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, in the $312.2 million sale of 10 East 53rd Street. The 37-story, 390,000-square-foot office building, located in Midtown East between Fifth and Madison Avenues, is currently 92% leased, according to a statement by SL Green.
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California State Teachers Retirement System grew its position in SL Green Realty Corporation (NYSE: SLG) by 24.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,892 shares of the real estate investment trust's stock after purchasing
VICI's Q2 AFFO meet estimates, while revenues beat forecasts, driven by lease growth and broader investment activity.
SL Green Realty posted a same-store occupancy of 94.7% in its fiscal 2026 second quarter, up 30 basis points sequentially, with guidance to reach 95.0% by year-end. The REIT beat on both revenue and FFO, with revenue growing by 9.1% over its year-ago comp and FFO beating consensus by $0.23 at $1.43 per share. SLG is trading at a 9.55x multiple against the midpoint of its 2026 FFO guidance range, which is cheaper than the broad REIT average as leasing continues to move up.
SL Green earns a Hold rating as FFO growth remains elusive despite a 16% YTD return and a compelling 4.6% yield. SLG's office-centric Manhattan portfolio boasts high-quality assets and strong tenant diversification, but rising interest expense and lower DPE income pressure results. Q2 FFO guidance surprised the market, with management raising the midpoint substantially, changing the profile to nearly 7% FFO growth this year.
One lease was a 29,166 square-foot renewal and expansion for insurance firm Ryan Specialty LLC, while other was a new, 27,508 square-foot lease with property management firm Solil Management LLC.
SLG's Manhattan leasing momentum strengthens as higher rents, rising occupancy and portfolio activity support second-quarter results.
SL Green Realty Corp. (SLG) Q2 2026 Earnings Call Transcript
SL Green Realty NYSE: SLG raised its 2026 funds from operations guidance sharply after what management described as a strong first half of the year, citing stronger leasing, improved economic occupancy, expense control and a recurring contribution tied to One Vanderbilt.
Although the revenue and EPS for SL Green (SLG) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SL Green (SLG) came out with quarterly funds from operations (FFO) of $1.43 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to FFO of $1.63 per share a year ago.
NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that a leading AI tenant has signed a new 10-year lease covering 98,420 square feet for the entire 11th floor at 11 Madison Avenue, demonstrating the on-going demand for premier office space in Midtown South. With this transaction, SL Green has signed office leases totaling 1,478,673 square feet to date in 2026, while maintaining a current pipeline of over 900,000 square feet.
Financial and Operating Highlights Net loss attributable to common stockholders of $0.38 per share for the second quarter of 2026 as compared to net loss of $0.16 per share for the same period in 2025 . F unds from operations ("FFO") of $1.43 per share for the second quarter of 2026.
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NEW YORK, June 22, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the second quarter of 2026 on Wednesday, July 22, 2026 after market close. The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, July 23, 2026 at 2:00pm ET to discuss the financial results.
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NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a quarterly ordinary dividend of $0.6175 per share of common stock, which is the equivalent of an annualized dividend of $2.47 per share. The dividend is payable in cash on July 15, 2026 to shareholders of record at the close of business on June 30, 2026.
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SLG's $312.2M sale of 10 East 53rd Street advances its 2026 disposition goal and is likely to generate nearly $100M for debt repayment.