secwatch.observer — SEC 8-K summary
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Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001040971-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SL Green Q4 net income $0.13/sh vs loss $2.45; FFO $1.81/sh, dividend raised to $3.09/yr
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- Q4 net income $0.13/sh vs net loss $2.45/sh in Q4 2023; full year net income $0.08/sh vs loss $9.12/sh.
- Q4 FFO $1.81/sh (incl $0.36 debt extinguishment gain) vs $0.72/sh; full year FFO $8.11/sh vs $4.94/sh.
- Same-store cash NOI decreased 2.7% in Q4 and 1.2% for full year (ex-lease termination income).
- Manhattan office occupancy rose to 92.5% from 90.1%; signed 48 leases totaling 1.79M sq ft, mark-to-market +9%.
- Annualized common dividend increased to $3.09/share from $3.00; closed sale of 11% interest in One Vanderbilt for $4.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000104097125000005/0001040971-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000104097125000005/slg-20250122.htm
  HTML page:      https://secwatch.observer/filing/0001040971-25-000005

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