SLG

SL Green signed over 2 million square feet of leases year-to-date. The company completed over $7 billion in financing moves for 2026.

SL Green Realty NYSE: SLG said its third-quarter performance reflected continued strength in Manhattan's office leasing market, as the company surpassed 2 million square feet of leasing year to date and lifted leased occupancy to 95%.

SL Green Realty Corp. ( SLG ) Q3 2026 Earnings Call October 22, 2026 2:00 PM EDT Company Participants Marc Holliday - Chairman & CEO Steven Durels - Executive VP and Director of Leasing & Real Property Matthew Diliberto - Chief Financial Officer Harrison Sitomer - President & Chief Investment Officer Conference Call Participants Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Steve Sakwa - Evercore ISI Institutional Equities, Research Division Peter Abramowitz - Deutsche Bank AG, Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division John Kim - BMO Capital Markets Equity Research Anthony Paolone - JPMorgan Chase & Co, Research Division Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Jana Galan - BofA Securities, Research Division Annabelle Ayer - Barclays Bank PLC, Research Division Ronald Kamdem - Morgan Stanley, Research Division Seth Bergey - Citigroup Inc., Research Division Michael Lewis - Truist Securities, Inc., Research Division Presentation Operator Thank you, everybody, for joining us, and welcome to SL Green Realty Corp.'s Third Quarter 2026 Earnings Results Conference Call. This conference call is being recorded.

SL Green (SLG) came out with quarterly funds from operations (FFO) of $1.59 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $1.58 per share a year ago.

While the top- and bottom-line numbers for SL Green (SLG) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Milestone anniversary comes as SUMMIT surpasses 10 million guests in New York City and expands its immersive observatory experience globally Milestone anniversary comes as SUMMIT surpasses 10 million guests in New York City and expands its immersive observatory experience globally

SLG's leasing momentum, rising occupancy and higher rents support growth, but elevated debt, Manhattan concentration and high competition pose risks.

NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, and its partner, a U.S. affiliate of Mori Trust Co., Ltd, today announced a $2.0 billion refinancing of 245 Park Avenue. The five-year, fixed rate financing was priced at a spread of 147 basis points above the US treasury index, resulting in an interest rate of 6.52%.

The project includes a new wraparound public plaza, a striking new Park Avenue podium facade by KPF, lavish tenant amenities and, soon, a  restaurant from John Meadow's LDV Hospitality.

SL Green is upgraded to 'Buy' as NYC office fundamentals strengthen and shares trade at an attractive FFO yield. SLG exceeded leasing targets, achieving a 16% increase in lease rates and strong demand for Class A Manhattan properties. Balance sheet risk is moderating, with major asset sales and refinancing reducing near-term maturities and improving debt metrics.