secwatch.observer — SEC 8-K summary
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Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001628280-25-045181
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SL Green Q3 EPS $0.34, FFO $1.58; signs $730M Park Avenue Tower deal
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- Q3 EPS $0.34 vs loss $0.21 per share; FFO $1.58 vs $1.13 per share, including $0.17 transaction costs.
- Manhattan same-store office occupancy 92.4% (incl. signed but not commenced); targets 93.2% by Dec 31, 2025.
- Entered contract to buy Park Avenue Tower for $730M (close Q1 2026); sold 5% stake in One Vanderbilt for $4.7B valuation.
- Refinanced 11 Madison Ave with $1.4B fixed-rate loan at 5.625%; recorded $57.2M gain on debt extinguishment.
- Special servicing active assignments rose $1.6B to $7.7B; designated for additional $9.9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000162828025045181/0001628280-25-045181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000162828025045181/slg-20251015.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-045181

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