Highest-materiality recent filing
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.
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.
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 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 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 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 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 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 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 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 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 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 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 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.
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.
$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