Highest-materiality recent filing
SL Green Realty annual meeting elects all eight directors, say-on-pay passes with 70.3% support
Eight directors elected: Alschuler 90.5%, Brown 99.0%, Dillard 94.3%, Green 95.8%, Hatkoff 91.7%, Holliday 96.6%, Lamb 92.3%, Mathias 90.8%.
SL Green Q1 net loss $1.20/share vs $0.30 loss; FFO $0.84, reaffirms 2026 guidance
Net loss attributable to common stockholders of $84.4M ($1.20/sh) vs loss of $21.1M ($0.30/sh) in Q1 2025.
252,000 Series Y Preferred Units issued at $25 liquidation preference, 5.00% cumulative annual distribution.
SL Green names Harrison Sitomer President, extends CFO DiLiberto through 2029
Harrison Sitomer appointed President & CIO, effective Jan 1, 2026; replaces Marc Holliday as interim President.
SL Green reports Q4 net loss $1.49/sh; FFO $1.13 vs $1.81 YoY; same-store NOI down 3.4%
Q4 net loss attributable to common stockholders of $104.6M ($1.49 per share) vs net income $9.4M ($0.13) in Q4 2024.
SLG guides 2026 FFO $4.40-$4.70/share; shifts dividend to quarterly
2026 net loss per share (diluted) guided to $(0.27)-$0.03; FFO per share (diluted) $4.40-$4.70.
Issued 172,809 Series X Preferred Units as partial consideration for acquiring ownership interests in 800 Third Avenue property.
SL Green Q3 EPS $0.34, FFO $1.58; signs $730M Park Avenue Tower deal
Q3 EPS $0.34 vs loss $0.21 per share; FFO $1.58 vs $1.13 per share, including $0.17 transaction costs.
SL Green extends General Counsel Levine's term to Jan 2028; base salary $600k, bonus up to 300%
Andrew Levine extended as Chief Legal Officer and General Counsel through Jan 1, 2028, retroactive to Jan 1, 2025.
SL Green Q2 net loss $0.16/share; raises FFO guidance to $5.65-$5.95, up $0.40 midpoint
Net loss per share of $0.16 vs $0.04 in Q2 2024; FFO per share $1.63 vs $2.05.
Amendment clarifies $5M annual time-based award is not guaranteed, value determined by Compensation Committee based on performance
SL Green annual meeting results: all proposals approved
Eight directors elected with 75.2% to 99.2% of votes cast in favor.
SL Green Q1 net loss $0.30/share; FFO $1.40 vs $3.07 prior year
Net loss attributable to common stockholders of $21.1M ($0.30/share) vs net income of $13.1M ($0.20) in Q1 2024.
SL Green appoints Peggy Lamb as independent director
Peggy Lamb appointed to Board and Compensation Committee effective March 19, 2025.
SL Green Q4 net income $0.13/sh vs loss $2.45; FFO $1.81/sh, dividend raised to $3.09/yr
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.
SL Green extends CEO Holliday to 2028; $1.4M salary, $10M casino bonus, $5M annual equity
Term extended to July 18, 2028, with automatic one-year renewals; base salary $1.4M/year.
SL Green provides 2025 guidance, revises 2024, increases dividend 3%
2025 FFO per share guidance $5.25 to $5.55; 2024 revised FFO per share $7.65 to $7.95.
SL Green closes $386.3M common stock offering; proceeds for corporate purposes
Sold 5,063,291 shares of common stock at $79.00 per share in underwritten public offering.
SL Green Q3 net loss $0.21/sh; FFO $1.13; same-store cash NOI up 2.9%
Net loss attributable to common stockholders of $13.3M ($0.21 per share), improving from $24.0M loss ($0.38) in Q3 2023.
SL Green Q2 FFO $2.05/share, raises FY FFO guidance to $7.45-$7.75
Q2 net loss $0.04/share (vs $5.63 loss in Q2 2023); FFO $2.05/share (vs $1.43), including gains on debt extinguishments.
SL Green Realty reports 2024 annual meeting results; all directors elected
Seven directors elected with 75.3% to 96.0% of votes cast in favor.
SL Green Q1 EPS $0.20 vs loss $0.63; FFO $3.07, raises FY FFO guidance to $7.35-7.65
Net income $13.1M ($0.20/diluted share) vs net loss $39.7M ($0.63) in Q1 2023.
SL Green amends EVP DiLiberto's bonus formula, capping at 250% of base salary
Amendment effective Jan 30, 2024 modifies Matthew DiLiberto's annual bonus calculation.
SL Green Q4 net loss $2.45/sh; FFO $0.72; raises 2024 FFO guidance to $5.90-$6.20
Q4 2023 net loss attributable to common stockholders of $155.6M ($2.45/share) vs net loss of $64.3M ($1.01) in Q4 2022; includes $1.53/share non-recurring charges.
SL Green guides 2024 FFO $4.90-$5.20/share, sets $3.00 annual dividend
2024 net income guidance $1.35-$1.65 per share; FFO per share $4.90-$5.20.
SL Green Realty dismisses EY as auditor, engages Deloitte & Touche effective Jan 1, 2024
Audit Committee approved dismissal of Ernst & Young on Nov 27, 2023, after completion of FY 2023 audits.
SL Green Q3 net loss $0.38/share; FFO $1.27; cuts FY2023 FFO guidance to $5.05-$5.35
Net loss attributable to common stockholders $24.0M ($0.38/share) vs income $7.4M ($0.11) in Q3 2022.
SL Green President Andrew Mathias to depart Dec 31, 2023; remains on board and advisory
Andrew Mathias's employment agreement non-renewed; termination effective Dec 31, 2023; no disagreement with company.
SL Green Q2 net loss $5.63/share, FFO $1.43; $305.9M impairment at 625 Madison
Net loss $360.2M ($5.63/share) vs loss $43.9M ($0.70) year ago; includes $305.9M write-down on 625 Madison leasehold.
SL Green annual meeting: all director nominees elected, say-on-pay approved
All nine board nominees elected with 79.91% to 95.92% of votes cast in favor.
SL Green reports Q1 net loss of $0.63/share; FFO $1.53 vs $1.65 YoY
Net loss attributable to common stockholders of $39.7M ($0.63/share) vs net income of $7.8M ($0.11) in Q1 2022.
SL Green extends CFO Matthew DiLiberto's term through January 2026
Base salary of $600,000 per year; annual bonus opportunity of 50-250% of base salary.
SL Green Q4 net loss $1.01/sh; FFO $1.46 vs $1.52 YoY; occupancy 91.2%
Net loss attributable to common stockholders $64.3M ($1.01/sh) vs loss of $51.3M ($0.82/sh) in Q4 2021.
SL Green cuts dividend 12.9% to $3.25/year; guides 2023 FFO $5.30-$5.60, net loss ($1.27)-($0.97)
Annual ordinary dividend reduced 12.9% to $3.25 per share; first monthly dividend $0.2708 payable Jan 17, 2023, record Dec 30, 2022.
SL Green amends partnership agreement to allow NYC PTET election for 2022 and later years
Twenty-Ninth Amendment authorizes NYC PTET election under NY Tax Law Section 868 for 2022 and future years.
SL Green Q3 2022 EPS $0.11 (down from $5.91); FFO $1.66 (down from $1.78)
Net income to common stockholders $7.4M ($0.11/share) vs $388.2M ($5.91) due to lower gains from asset sales.
SL Green Q2 FFO $1.87/share, up from $1.60 YoY; same-store cash NOI +6.7%
Net loss attributable to common stockholders $43.9M ($0.70 diluted EPS) vs $105.3M income ($1.56 EPS) in Q2 2021.
SL Green Realty Corp. announces results of 2022 annual shareholder meeting
Ten directors elected with vote percentages ranging from 84.93% to 99.90% in favor.
SL Green Q1 EPS $0.11, FFO $1.65; FFO down YoY from $1.73; occupancy 92.7%
Net income $7.8M ($0.11/share) vs net loss $0.12/share in Q1 2021; FFO $115.8M ($1.65/share) down from $1.73.
SL Green appoints Carol N. Brown as independent director
Carol N. Brown appointed to SL Green board effective March 4, 2022.
SL Green Q4 2021 FFO $1.52, net loss $0.82; same-store cash NOI up 2.9%
Q4 net loss $0.82 per share (incl. $0.61 sale losses and fair value adj); FFO $1.52, down from $1.56 in Q4 2020.
SL Green Realty Corp. effects 1.0306-for-1 reverse stock split
Reverse split ratio of 1.03060-for-1, effective after close on Jan 21, 2022.
Cash option oversubscribed; electing stockholders get $0.3976 cash + 0.0295 shares per share held.
CEO Marc Holliday extended through Jan 17, 2025; base salary $1.25M, annual time-based LTIP target ≥$4.5M, performance-based LTIP target $7.5M.
SL Green extends CEO Marc Holliday's contract through Jan 2025; new base salary $1.25M
CEO Marc Holliday extended for 3 years (Jan 2022 to Jan 2025); base salary $1.25M, target time-based LTIP at least $4.5M annually.
SL Green amends partnership agreement for New York PTET tax election
Twenty-Eighth Amendment allows Operating Partnership to elect NY Tax Law Section 861 for 2021 onward.
$1.05B term loan A and $1.25B revolver mature May 2027; revolver includes two six-month extensions.
SL Green provides 2022 FFO guidance of $6.70-$7.00 per share; affirms 2021 outlook
2022 net income guidance: $0.46-$0.76 per diluted share; FFO guidance: $6.70-$7.00 per share.
Monthly ordinary dividend increased 2.5% to $0.3108/sh ($3.73 annualized); payable Jan 18, 2022 to holders of record Dec 15.
SL Green raises 2021 guidance, Q3 EPS $5.75 vs $0.19; FFO $1.78/share
Q3 net income $388.2M ($5.75/sh), vs $13.9M ($0.19/sh) in Q3 2020; includes $395.3M gains and fair value adjustments.
On March 19, 2025, our Board of Directors appointed Ms. Peggy Lamb as a member of our Board of Directors and as a member of our Compensation Committee effective March 19, 2025.
the Company has provided Mr. Mathias notice of non-renewal of the Employment Agreement, and, as a result, the Employment Agreement will terminate at 11:59 p.m. Eastern Standard Time on December 31, 2023 (the “Separation Date”) and Mr. Mathias will cease to serve in his role as President of the Company.
the Board anticipates appointing Marc Holliday, the Company’s Chief Executive Officer and Chairman of the Board, to the role of President of the Company, on an interim basis, effective immediately following the Separation Date.
On March 4, 2022, our Board of Directors formally appointed Ms. Carol N. Brown as a member of our Board of Directors.
Max materiality 0.85 · Median 0.70 · Most common event earnings