SL Green amends partnership agreement for New York PTET tax election

SL GREEN REALTY CORP

Twenty-Eighth Amendment allows Operating Partnership to elect NY Tax Law Section 861 for 2021 onward.
Partnership may pay New York PTET taxes on behalf of eligible partners and withhold from distributions.
Partners with PTET deficit >$1M must repay upon written request and grant security interest in units.
Excess PTET deficits may reduce redemption amounts or other distributions to such partners.
PTET-related losses, credits, and deductions specially allocated pro rata in proportion to PTET shares.

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