Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 121

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 121
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.0 %Development/Redevelopment2 (2)844,845 — — 2 844,845 N/A20 10,664,193 10 13,560,633 30 24,224,826 90.4 %SuburbanOffice7 862,800 — — 7 862,800 71.4 %Total commercial properties27 11,526,993 10 13,560,633 37 25,087,626 89.8 %Residential:ManhattanResidential1 (2)140,382 1 221,884 2 362,266 99.8 %Total core portfolio28 11,667,375 11 13,782,517 39 25,449,892 89.9 %Alternative Strategy Portfolio— — 7 2,567,025 7 2,567,025 59.3 %

(1)The weighted average leased occupancy for commercial properties represents the total leased square feet divided by the total square footage at acquisition.  The weighted average leased occupancy for residential properties represents the total leased units divided by the total available units. Properties under construction are not included in the calculation of weighted average leased occupancy.

(2)As of June 30, 2025, we owned a building at 7 Dey Street / 185 Broadway that was comprised of approximately 140,382 square feet of residential space and approximately 50,206 square feet of office and retail space that is under development. For the purpose of this report, we have included this building in the number of residential properties we own. However, we have included only the residential square footage in the residential approximate square footage, and have listed the balance of the square footage as development square footage.

As of June 30, 2025, we also managed one office building and one retail building owned by a third party encompassing approximately 0.4 million square feet, and held consolidated debt and preferred equity investments with a book value of $315.7 million, excluding credit losses and approximately $221.9 million of debt and preferred equity investments and other financing receivables that are included in other balance sheet line items other than the Debt and preferred equity investments line item.

Critical Accounting Estimates

Refer to the 2024 Annual Report on Form 10-K of the Company and the Operating Partnership for a discussion of our critical accounting estimates, which