secwatch.observer — SEC 8-K summary
======================================

Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2022-10-20T23:59:59+00:00
Accession:  0001040971-22-000041
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SL Green Q3 2022 EPS $0.11 (down from $5.91); FFO $1.66 (down from $1.78)
-------------------------------------------------------------------------

- Net income to common stockholders $7.4M ($0.11/share) vs $388.2M ($5.91) due to lower gains from asset sales.
- FFO per share $1.66 vs $1.78; same-store cash NOI down 0.5% ex-lease termination income.
- Signed 32 Manhattan office leases totaling 930k sq ft; mark-to-market on replacement leases +2.8%.
- Agreed to sell 414k sq ft at 885 Third Ave to MSK for $300.4M; close expected Q4 2022.
- Closed new $400M unsecured term loan; executed $1.25B in fixed-rate swaps to hedge rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000104097122000041/0001040971-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000104097122000041/slg-20221019.htm
  HTML page:      https://secwatch.observer/filing/0001040971-22-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer