SL Green Q1 EPS $0.11, FFO $1.65; FFO down YoY from $1.73; occupancy 92.7%

SL GREEN REALTY CORP

2022-Q1 EPS reported $0.11 revenue$187,964,000

Net income $7.8M ($0.11/share) vs net loss $0.12/share in Q1 2021; FFO $115.8M ($1.65/share) down from $1.73.
Signed 37 Manhattan office leases totaling 820,989 sq ft; mark-to-market down 15.1% (excluding one lease, up 2.8%).
Same-store cash NOI (incl. JV share) up 9.3% ex lease termination income vs Q1 2021.
Repurchased/ redeemed 2.2M shares/units in 2022 under $3.5B plan; total 40.1M shares/units to date.
Manhattan same-store office occupancy 92.7% as of March 31, target 94.3% by Dec 31, 2022.

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