SL Green Realty Corp (SLG) News & EventsSLGNews & EventsSL Green Realty Corp

SL Green Realty Signs 10-Year Lease with AI Tenant

SL Green Realty announced that an AI tenant has signed a new 10-year lease covering 98,420 square feet for the entire 11th floor at 11 Madison Avenue.

Company Reports Q2 Revenue of $264M

Reports Q2 revenue $264M vs. $241.92M last year. The company said, "Manhattan same-store office occupancy increased to 94.7% as of June 30, 2026, inclusive of leases signed but not yet commenced. The Company expects to increase Manhattan same-store office occupancy, inclusive of leases signed but not yet commenced, to 95.0% by December 31, 2026."

Company Raises 2026 FFO Guidance to $5.60-$5.90 per Share

Consensus $4.61. The company said, "The Company is increasing its 2026 FFO guidance range for the year ending December 31, 2026 from $4.40-$4.70 per share to $5.60-$5.90 per share, an increase of $1.20 per share at the midpoint, reflecting $0.40 per share of higher NOI from the Company's real estate portfolio, incremental fees and other income, and $0.80 per share of additional income that will be recognized from One Vanderbilt Avenue."