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 (NYSE: SLG) agreed to sell 10 East 53rd Street to Meadow Partners for $312.2 million. Closing is expected in the third quarter of 2026, subject to customary conditions.
The deal should generate about $100 million in net cash for corporate debt repayment and advances SL Green’s $2.5 billion 2026 strategic disposition plan. The 37‑story, 390,000 square foot East Midtown property is 92% leased, and SL Green will continue to manage it.
SL Green (NYSE: SLG) formed a joint venture with Mori Building for the development of 346 Madison Avenue in New York. SL Green sold a 49.0% interest to Mori Building at a gross valuation of $175.0 million and retains 51.0%, acting as development and leasing manager.
The planned 46-floor, all-electric office tower near Grand Central will offer approximately 850,000 rentable square feet, column-free floorplates, high ceilings, extensive terraces and loggias, plus wellness, fitness, auditorium, lounge and restaurant amenities.
SL Green Realty (NYSE: SLG) said One Madison Avenue won the 2026 ULI Award for Excellence in Office Development for design, sustainability and adaptive reuse. The redevelopment completed December 2024, is 100% leased, retains 67% of the original structure, targets >60% energy reduction, and closed a $1.65 billion refinancing.
SL Green (NYSE: SLG) secured the asset management assignment to launch leasing at 15 Laight Street, a newly constructed 109,000 square foot boutique office building in Tribeca owned by Hyundai Motor Group. Green Property Services will manage leasing after an investment via an affiliate of SL Green's $1.3 billion debt fund. The building offers immediate occupancy, extensive outdoor terraces, oversized windows, healthy workplace infrastructure, and a curated amenity program. CBRE represented ownership; leasing will be overseen by SL Green and CBRE leasing leads.
SL Green Realty Corp. (NYSE: SLG) reported Q1 2026 net loss of $84.4 million, or ($1.20) per share, and FFO of $64.6 million, $0.84 per share. The company reaffirmed 2026 FFO guidance of $4.40–$4.70 per share (midpoint $4.55).
Operationally, SL Green signed 51 Manhattan leases totaling 929,264 sq ft (Q1 record) with mark-to-market rents up 16.1%, and Manhattan same-store office occupancy rose to 94.4%. Key transactions: contract to sell residential/retail at 7 Dey Street for $222.6M and closed sale of 690 Madison Avenue for $54.5M. Financing: completed $1.65B SASB CMBS at 5.81% and refinanced $2.0B of corporate credit facility with 25 bps lower spreads.
SL Green Realty (NYSE: SLG) secured a $1.65 billion five-year, fixed-rate SASB CMBS refinance for One Madison Avenue, priced at 181 bps over the U.S. Treasury index for an effective rate of 5.81%. The transaction replaces the prior construction facility with a $1.171 billion outstanding balance.
The CMBS was agented by a consortium led by Wells Fargo with participation from Goldman Sachs, J.P. Morgan, Bank of America, Deutsche Bank and Crédit Agricole, is expected to close in Q1 2026, and was significantly oversubscribed. SLG said the deal advances its >$4.5 billion financing activity in support of a $7.0 billion 2026 financing plan.
SL Green Realty Corp (NYSE: SLG) set its 2026 annual ordinary dividend at $2.47 per share, payable quarterly. The first quarterly payment of $0.6175 per share is payable April 15, 2026 to holders of record on March 31, 2026.
The company said it will retain incremental liquidity to pursue investment opportunities, including $2.5 billion of asset dispositions and $7.0 billion of refinancings, and cited a current yield of 6.6% at $37.48 per share. SL Green also declared the Series I preferred quarterly dividend of $0.40625 (annualized $1.625), payable April 15, 2026.
SL Green (NYSE:SLG) refinanced and lowered the cost on $2.0 billion of its $2.4 billion corporate credit facility on March 19, 2026. The $1.25 billion revolver was maintained and the facility maturity was extended to June 2031 with as-of-right extensions.
Borrowing spreads were reduced by 25 basis points: the revolver now carries 125 bps over SOFR and a new bifurcated term loan of $750 million carries 145 bps over SOFR. Remaining term loans of $300 million (May 2027) and $100 million (Nov 2026) remain on current terms. The move supports the company’s $7.0 billion 2026 financing plan and involved several major banks as lead arrangers.
SL Green Realty Corp. (NYSE: SLG) will release first quarter 2026 earnings on April 15, 2026 after market close. The company will hold a conference call and audio webcast on April 16, 2026 at 2:00pm ET led by Marc Holliday, CEO.
Supplemental financial data and a replay will be available in the Investors section of the SL Green website under Financial Reports and Presentations & Webcasts. Research analysts must register to join the live call.
SL Green (NYSE: SLG) entered a contract to sell the residential and retail components of 7 Dey Street for $222.6 million to GO Residential (TSX: GO.U), while retaining the 26,000 square foot office component. The transaction is expected to close in Q2 2026, subject to customary closing conditions.
The 260,000 square foot building includes 217,000 square feet of residential space with 209 rental residences (currently 99% leased), 17,000 square feet of flagship retail, and 26,000 square feet of commercial office across floors 3–5.