Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 90

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 90
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,000 $1,120,691 2026— 190,148 — 100,000 — — 290,148 1,009,242 2027— 926,153 360,000 1,050,000 — — 2,336,153 1,730,905 2028— 284,775 — — — — 284,775 382,294 2029— — — — — — — — Thereafter— 272,326 — — 100,000 — 372,326 1,800,300 $— $2,043,402 $360,000 $1,150,000 $100,000 $100,000 $3,753,402 $6,043,432 Consolidated interest expense, excluding capitalized interest, was comprised of the following (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Interest expense before capitalized interest$52,592 $49,503 $104,640 $98,371 Interest on financing leases1,138 1,124 2,272 2,244 Capitalized interest(6,637)(13,786)(13,107)(31,733)Amortization of discount on assumed debt164 164 324 164 Interest income(1,939)(1,202)(3,130)(2,070)Interest expense, net$45,318 $35,803 $90,999 $66,976 

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Notes to Consolidated Financial Statements (cont.)June 30, 2025(unaudited)

10. Related Party Transactions 

One Vanderbilt Avenue InvestmentIn December 2016, we entered into agreements with entities owned and controlled by our Chairman, Chief Executive Officer ("CEO") and Interim President, Marc Holliday, and our former President, Andrew Mathias, pursuant to which they agreed to make an investment in our One Vanderbilt project (inclusive of the property and SUMMIT One Vanderbilt) at the appraised fair market value for the interests acquired. This investment entitles these entities to receive a percentage of any profits realized by the Company from its One Vanderbilt project in excess of the Company's capital contributions,