Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 1

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 1
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 built above that store, all of which have been sold or are under contract. We are also in the planning stages of our office to residential conversion project at 750 Third Avenue, one of the largest such projects in Midtown Manhattan. In 2024, SL Green launched the SLG Opportunistic Debt Fund, which is expected to reach at least $1 billion and leverages our expertise and market visibility to capitalize on current capital market dislocations by investing in the New York City credit market. In October 2024, we celebrated the third anniversary of SUMMIT One Vanderbilt, our immersive, multi-sensory observatory, and achieved a record of 2.25 million visitors during the year. Building upon this success, we announced plans for the next SUMMIT destination in Paris, and we continue to explore prospective locations in key global destinations. We continue to focus on reducing GHG emissions and driving environmental efficiencies across our portfolio, creating value for our tenants and stockholders and maintaining our compliance with local regulations. New York City’s Local Law 97, one of the country’s most ambitious plans for GHG emissions reduction, officially went into effect in 2024. While we expect to meet the requirements of the first compliance period, we continue to deploy thoughtfully selected capital building improvements to further reduce GHG emissions in anticipation of more stringent requirements in the future. Achieving our vision for a greater New York City also means enhancing the city through volunteerism and philanthropy. We’ve maintained our partnership with New York City’s Summer Youth Employment Program (SYEP) by providing paid internships to students, offering them a front-row seat into SL Green’s operations. The SUMMIT Foundation continues to reinvest 1% of gross ticket sales at SUMMIT into New York-focused charities and organizations. And FOOD1st, a nonprofit organization we established in 2020, remains a resource to support vulnerable New Yorkers by combatting food insecurity throughout the city. In closing, we want to thank all of our corporate, SUMMIT and building employees for their dedication and hard work, without whom we would not have met these achievements. As we look ahead to 2025, we are well-positioned to capitalize on the many opportunities we’ve outlined and create incremental value for all of our stakeholders. Sincerely, John H. Alschuler
Lead Independent Director Stephen L. Green
Director and Chairman Emeritus Peggy Lamb
Independent Director Carol N. Brown
Independent Director Craig M. Hatkoff
Independent Director Andrew W. Mathias
Director Lauren