---
schema_version: "secwatch.filing_event.v1"
accession: "0001040971-23-000034"
form_type: "8-K"
ticker: "SLG"
cik: "0001040971"
company_name: "SL GREEN REALTY CORP"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T19:33:00.968735+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SL Green Q3 net loss $0.38/share; FFO $1.27; cuts FY2023 FFO guidance to $5.05-$5.35

## Summary
- Net loss attributable to common stockholders $24.0M ($0.38/share) vs income $7.4M ($0.11) in Q3 2022.
- FFO per share $1.27, down from $1.66 YoY; 9-month FFO $4.23 vs $5.18.
- Same-store cash NOI up 10.4% YoY excl. lease termination income; office occupancy 89.9%.
- Revises FY2023 FFO guidance to $5.05-$5.35 from $5.30-$5.60 reflecting severance and stock comp for President non-renewal.
- One Madison Avenue completed TCO, received $577.4M final equity payment from JV partners; total debt reductions of $1.0B in 2023.

## SEC filing metadata
- accession: 0001040971-23-000034
- form_type: 8-K
- ticker: SLG
- cik: 0001040971
- company_name: SL GREEN REALTY CORP
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000034/0001040971-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000034/slg-20231018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040971-23-000034
- JSON: https://secwatch.observer/filing/0001040971-23-000034.json
- Plain text: https://secwatch.observer/filing/0001040971-23-000034.txt

## Key facts
- Earnings Releases
  SL GREEN REALTY CORP reported quarter ended September 30, 2023 results: net income net loss attributable to common stockholders for the quarter ended September 30, 2023 of $24.0 million, or $0.38 per sha, EPS ($0.38) per share. Guidance reaffirmed.
  - Period: quarter ended September 30, 2023
  - Net income: net loss attributable to common stockholders for the quarter ended September 30, 2023 of $24.0 million, or $0.38 per sha
  - EPS: ($0.38) per share
  - Guidance: reaffirmed
  - 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 September 30, 2023 of $24.0 million, or $0.38 per share, as compared to net income of $7.4 million, or $0.11 per share, for the same quarter in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000034/0001040971-23-000034-index.htm
- Earnings Releases
  SL GREEN REALTY CORP reported year ending December 31, 2023 results: net income net loss per share of ($7.69) to ($7.39), EPS FFO per share of $5.05 to $5.35. Guidance lowered.
  - Period: year ending December 31, 2023
  - Net income: net loss per share of ($7.69) to ($7.39)
  - EPS: FFO per share of $5.05 to $5.35
  - Guidance: lowered
  - Result: guidance update
  source text: The Company is revising its 2023 earnings guidance ranges for the year ending December 31, 2023 to FFO per share of $5.05 to $5.35, and net loss per share of ($7.69) to ($7.39)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040971/000104097123000034/0001040971-23-000034-index.htm

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