SL Green reports Q4 net loss $1.49/sh; FFO $1.13 vs $1.81 YoY; same-store NOI down 3.4%

SL GREEN REALTY CORP

2025-FY EPS reported -$1.61 revenue$1,003,046,000

Q4 net loss attributable to common stockholders of $104.6M ($1.49 per share) vs net income $9.4M ($0.13) in Q4 2024.
Q4 FFO of $86.2M ($1.13 per share) compared to $131.9M ($1.81) prior year, which included debt extinguishment gains.
Full-year 2025 FFO $5.72 per share vs $8.11 in 2024; full-year net loss $1.61 per share vs net income $0.08.
Signed 56 Manhattan office leases (766,783 sq ft) in Q4; same-store office occupancy rose to 93.0% as of Dec 31, 2025.
Acquired Park Avenue Tower for $730M in Jan 2026; sold 49% JV interest in 100 Park Ave for $425M valuation.

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