secwatch.observer — SEC 8-K summary
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Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001040971-24-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SL Green Q3 net loss $0.21/sh; FFO $1.13; same-store cash NOI up 2.9%
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- Net loss attributable to common stockholders of $13.3M ($0.21 per share), improving from $24.0M loss ($0.38) in Q3 2023.
- FFO of $78.6M ($1.13 per share), down from $87.7M ($1.27) in prior year; included $9.0M non-cash derivative fair value adjustments.
- Manhattan same-store office occupancy rose to 90.1% (incl. signed not yet commenced), expected to reach 92.5% by Dec 31, 2024.
- Signed 42 Manhattan office leases totaling 763,755 sq ft; mark-to-market on replacement leases 10.8% higher than prior rents.
- Closed sale of Palisades Premier Conference Center for $26.3M generating $19.8M net proceeds; debt modification on 220 E 42nd St extended to Dec 2027 at 6.77% fixed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000104097124000028/0001040971-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000104097124000028/slg-20241016.htm
  HTML page:      https://secwatch.observer/filing/0001040971-24-000028

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