SL Green Realty Corp. (NYSE:SLG) Q1 2024 Earnings Call Transcript April 18, 2024 SL Green Realty Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you everybody for joining us and welcome to the SL Green Realty Corp.’s First […]

NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share. The dividend is payable in cash on May 15, 2024 to shareholders of record at the close of business on April 30, 2024. About SL Green Realty Corp. SL Green Realty Corp., Manhattan's largest offi

Q1 2024 SL Green Realty Corp Earnings Call

Discover how SL Green Realty Corp is reshaping its portfolio and capitalizing on market opportunities in the first quarter of 2024.

SL Green's Marc Holliday, 750 3rd Avenue (SL Green, Getty)New York’s biggest office landlord says the state’s freshly minted office-to-residential plan is designed to create a sense of urgency. “The way this bill is structured, to get the maximum tax benefits, you have to file for your permits at some time in ’26. That means you’ve gotta get going right […]The post “You’ve gotta get going right now”: Marc Holliday on Hochul’s office-to-resi bill appeared first on The Real Deal.

SL Green's (SLG) Q1 FFO outshines estimates. However, rental revenues and the occupancy in Manhattan's same-store office portfolio fall year over year.

Although the revenue and EPS for SL Green (SLG) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

SL Green (SLG) delivered FFO and revenue surprises of 32.33% and 3.15%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Increases 2024 Earnings GuidanceFinancial and Operating Highlights Net income attributable to common stockholders of $0.20 per share for the first quarter of 2024 as compared to net loss of $0.63 per share for the same period in 2023.Funds from operations, or FFO, of $3.07 per share for the first quarter of 2024, inclusive of $141.7 million, or $2.02 per share, of gain on discounted debt extinguishment at 2 Herald Square and $5.1 million, or $0.07 per share, of positive non-cash fair value adjus

Contracts to Sell 719 Seventh Avenue and Palisades Premier Conference Center And Acquire Joint Venture Interest in 10 E 53rd StreetNEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has completed $2.1 billion of strategic debt modifications and extensions across its portfolio as part of its strategy to refinance, modify or extend at least $5.0 billion of existing debt. 280 Park Avenue Mortgage Loan: Togethe