secwatch.observer — SEC 8-K summary
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Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001040971-23-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SL Green reports Q1 net loss of $0.63/share; FFO $1.53 vs $1.65 YoY
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- Net loss attributable to common stockholders of $39.7M ($0.63/share) vs net income of $7.8M ($0.11) in Q1 2022.
- FFO of $105.5M ($1.53/share), down from $115.8M ($1.65); includes $6.9M reserve on one debt/equity investment.
- Same-store cash NOI (incl. JV share) rose 5.3% excluding lease termination income; Manhattan office occupancy 90.2%.
- Signed 41 Manhattan office leases totaling 504,682 sq ft; mark-to-market up 5.3% on replacement leases.
- Reaffirmed year-end 2023 occupancy target of 92.4% (incl. signed not commenced); monthly dividend unchanged at $0.2708.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000104097123000012/0001040971-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000104097123000012/slg-20230419.htm
  HTML page:      https://secwatch.observer/filing/0001040971-23-000012

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