SL Green Q2 net loss $0.16/share; raises FFO guidance to $5.65-$5.95, up $0.40 midpoint

SL GREEN REALTY CORP

2025-Q2 EPS reported -$0.47 revenue$481,762,000

Net loss per share of $0.16 vs $0.04 in Q2 2024; FFO per share $1.63 vs $2.05.
Raises 2025 FFO guidance to $5.65-$5.95, up $0.40 midpoint; net income guidance unchanged $1.27-$1.57.
Manhattan same-store cash NOI down 1.0% ex-lease term. income; occupancy 91.4% (incl. signed not commenced).
$196.6M net proceeds from $200M repayment of 522 Fifth Avenue mortgage investment.
Special servicing active assignments now $6.1B, up $1.3B in Q2.

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