---
schema_version: "secwatch.filing_event.v1"
accession: "0001040971-23-000027"
form_type: "8-K"
ticker: "SLG"
cik: "0001040971"
company_name: "SL GREEN REALTY CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:21:27.428344+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SL Green Q2 net loss $5.63/share, FFO $1.43; $305.9M impairment at 625 Madison

## Summary
- Net loss $360.2M ($5.63/share) vs loss $43.9M ($0.70) year ago; includes $305.9M write-down on 625 Madison leasehold.
- FFO per share $1.43, down from $1.87; same-store cash NOI up 3.6% excluding lease termination income.
- Closed $2.0B sale of 49.9% JV interest in 245 Park Ave, net cash $174.2M; retained 50.1% stake.
- Manhattan office occupancy 89.8% inclusive of signed leases; signed 43 leases totaling 410,749 sq ft.
- Dividend maintained at $0.2708/month ($3.25 annualized); refinanced 919 Third Ave with $500M loan at 6.11% fixed.

## SEC filing metadata
- accession: 0001040971-23-000027
- form_type: 8-K
- ticker: SLG
- cik: 0001040971
- company_name: SL GREEN REALTY CORP
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000027/0001040971-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000027/slg-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040971-23-000027
- JSON: https://secwatch.observer/filing/0001040971-23-000027.json
- Plain text: https://secwatch.observer/filing/0001040971-23-000027.txt

## Key facts
- Earnings Releases
  SL GREEN REALTY CORP reported quarter ended June 30, 2023 results: net income net loss attributable to common stockholders of $360.2 million, EPS $5.63 per share.
  - Period: quarter ended June 30, 2023
  - Net income: net loss attributable to common stockholders of $360.2 million
  - EPS: $5.63 per share
  - Result: reported results
  source text: SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported net loss attributable to common stockholders for the quarter ended June 30, 2023 of $360.2 million, or $5.63 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000027/0001040971-23-000027-index.htm
- Earnings Releases
  SL GREEN REALTY CORP reported six months ended June 30, 2023 results: net income net loss attributable to common stockholders for the six months ended June 30, 2023 of $399.9 million, EPS $6.25 per share.
  - Period: six months ended June 30, 2023
  - Net income: net loss attributable to common stockholders for the six months ended June 30, 2023 of $399.9 million
  - EPS: $6.25 per share
  - Result: reported results
  source text: The Company also reported a net loss attributable to common stockholders for the six months ended June 30, 2023 of $399.9 million, or $6.25 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000027/0001040971-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.