SL Green Realty Corp. (SLG)
SL Green to Sell 110 Greene Street in SoHo for $226 million
SLG is set to sell 110 Greene Street for $226 million, with net proceeds earmarked to repay unsecured corporate debt.
SL Green's Manhattan Office Leasing Momentum Is Not Being Fully Appreciated
SL Green Realty posted a same-store occupancy of 94.7% in its fiscal 2026 second quarter, up 30 basis points sequentially, with guidance to reach 95.0% by year-end. The REIT beat on both revenue and FFO, with revenue growing by 9.1% over its year-ago comp and FFO beating consensus by $0.23 at $1.43 per share. SLG is trading at a 9.55x multiple against the midpoint of its 2026 FFO guidance range, which is cheaper than the broad REIT average as leasing continues to move up.
SL Green: Struggling To Get Along
SL Green earns a Hold rating as FFO growth remains elusive despite a 16% YTD return and a compelling 4.6% yield. SLG's office-centric Manhattan portfolio boasts high-quality assets and strong tenant diversification, but rising interest expense and lower DPE income pressure results. Q2 FFO guidance surprised the market, with management raising the midpoint substantially, changing the profile to nearly 7% FFO growth this year.
SL Green signs 2 leases for 1185 Sixth Ave, reaches 92% occupied
One lease was a 29,166 square-foot renewal and expansion for insurance firm Ryan Specialty LLC, while other was a new, 27,508 square-foot lease with property management firm Solil Management LLC.
SL Green Q2 FFO Beat Estimates on Leasing Gains, '26 Guidance Raised
SLG's Manhattan leasing momentum strengthens as higher rents, rising occupancy and portfolio activity support second-quarter results.
SL Green Realty Corp. (SLG) Q2 2026 Earnings Call Transcript
SL Green Realty Corp. (SLG) Q2 2026 Earnings Call Transcript
SL Green Realty Q2 Earnings Call Highlights
SL Green Realty NYSE: SLG raised its 2026 funds from operations guidance sharply after what management described as a strong first half of the year, citing stronger leasing, improved economic occupancy, expense control and a recurring contribution tied to One Vanderbilt.
Compared to Estimates, SL Green (SLG) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for SL Green (SLG) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SL Green (SLG) Q2 FFO and Revenues Beat Estimates
SL Green (SLG) came out with quarterly funds from operations (FFO) of $1.43 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to FFO of $1.63 per share a year ago.
46-story SL Green tower project slated to begin in the fall
Demolition of the old Brooks Brothers building at 346 Madison Ave. and of next-door 11 E.
SL Green Realty Stock Up 13% in Three Months: Will the Momentum Last?
SLG shares climb 13% in three months as record Manhattan leasing, rising occupancy and portfolio moves support momentum.
SL Green Realty: Dividend Cut And Record Leasing Fuel Their Potential Recovery
SL Green Realty remains a Buy, with aggressive leasing, a solid portfolio, and risks already reflected in its valuation. SLG achieved record Q1 leasing and strong mark-to-market spreads, and expects same-store occupancy to reach 95% by year-end. A 20% dividend cut frees up ~$50 million for accretive uses, while refinancing efforts reduce borrowing costs and extend maturities.
