Company: SLG-PI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001040971-25-000010
Chunk: 137

Company: SL GREEN REALTY CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 137
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504,523 $4,645,400 $(147,482)$605,300 $1,357,041 $5,250,700 $6,607,741 $2,126,081 (1)Includes depreciable real estate reserves and impairments recorded subsequent to acquisition.(2)All properties located in New York, New York, unless otherwise noted.(3)Property located in Connecticut.(4)In December 2022, the Company sold 414,317 square feet of office leasehold condominium units at the property. The Company retained the remaining 218,796 square feet of the building.(5)Initial cost is the fair value that was determined upon consolidation of these investments in 2024.(6)Other includes tenant improvements of eEmerge, capitalized interest and corporate improvements.

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Schedule III - Real Estate and Accumulated DepreciationDecember 31, 2024(in thousands)

The changes in real estate for the years ended December 31, 2024, 2023 and 2022 are as follows (in thousands):Year Ended December 31,202420232022Balance at beginning of year$6,102,864 $9,198,799 $7,650,907 Property acquisitions— — 1,900,042 Improvements199,416 241,213 335,413 Retirements/disposals/deconsolidation305,461 (2,383,912)(687,563)Reclassification (1)— (953,236)— Balance at end of year$6,607,741 $6,102,864 $9,198,799 The aggregate cost of land, buildings and improvements, before depreciation, for Federal income tax purposes as of December 31, 2024 was $4.9 billion (unaudited).The changes in accumulated depreciation, exclusive of amounts relating to equipment, autos, and furniture and fixtures, for the years ended December 31, 2024, 2023 and 2022 are as follows (in thousands):Year Ended December 31,202420232022Balance at beginning of year$1,968,004 $2,039,554 $1,896,199 Depreciation for year171,744 199,576 175,465 Retirements/disposals/deconsolidation(