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SL Green Realty Corp (N:SLG)

Business Focus: N/A

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: One Vanderbilt Avenue
NEW YORK NY 10017
Tel: N/A
Website: https://slgreen.com
IR: See website
Key People
Marc Holliday
Chairman of the Board, Interim President, Chief Executive Officer
Matthew J. Diliberto
Chief Financial Officer
Andrew S. Levine
Executive Vice President, General Counsel, Secretary, Chief Legal Officer
Business Overview
SL Green Realty Corp. is a self-managed real estate investment trust (REIT). The Company is engaged in the ownership, management, operation, acquisition, development, redevelopment and repositioning of commercial real estate properties, principally office properties, located in the New York metropolitan area, principally Manhattan. Its primary business objective is to maximize the total return to stockholders, through dividends, earnings and asset value appreciation. The Company's segments include real estate, debt and preferred equity investments, and SUMMIT. The Company owned or held interests in over 13 consolidated commercial office buildings encompassing approximately 8.4 million rentable square feet and 12 unconsolidated commercial office buildings encompassing approximately 15.4 million rentable square feet located primarily in midtown Manhattan. It also owned or held interests in 10 prime retail properties. In addition, it manages one office building and one retail building.
Financial Overview
For the three months ended 31 March 2024, SL Green Realty Corp revenues decreased 24% to $187.9M. Net income applicable to common stockholders totaled $12.7M vs. loss of $40.1M. Revenues reflect Real Estate segment decrease of 29% to $154.9M. Net Income reflects Equity in net income (loss) from unconso increase from $7.4M (expense) to $111.2M (income). Dividend per share decreased from $0.81 to $0.75.