Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 168

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 168
---
 million(1)                        | ​ | ​ | ​ | ​ |  196,131 | ​                                  | ​ |
| Normalized Funds Available for Distribution                                               | ​ | ​ | ​ | $ |  208,702 | ​                                  | ​ |

(1) Includes $172.4 million of SLG share of unconsolidated JV gain on early extinguishment of debt. Below are reconciliations of net income to operating income, same-store cash net operating income and same-store cash
net operating income excluding lease termination income for the twelve months ended December 31, 2024 and 2023
(amounts in thousands).

TABLE OF CONTENTS

| ​ | APPENDIX B | ​ | ​ | B-3 | ​ |

| ​                                                                                          
 ​                                                                                          
 Operating Income and Same-store cash NOI Reconciliation                                    | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ | 2024 
 ​    | ​ |        ​ | ​ | ​ 
 ​ | ​ 
 ​ | 2023 
 ​    | ​ |        ​ | Twelve monthsendedDecember 31, 
 ​                              | ​ 
 ​ 
 ​ |
|:-------------------------------------------------------------------------------------------|:--|:--|:-----|:--|---------:|:--|:--|:--|:-----|:--|---------:|:-------------------------------|:--|
| Net income (loss)                                                                          | ​ | ​ | ​    | $ |   30,222 | ​ | ​ | ​ | ​    | ​ | -599,337 | ​                              | ​ |
| Depreciable real estate reserves and impairments                                           | ​ | ​ | ​    | ​ |  104,071 | ​ | ​ | ​ | ​    | ​ |  382,374 | ​                              | ​ |
| Depreciable real estate reserves in unconsolidated joint venture                           | ​ | ​ | ​    | ​ |  263,190 | ​ | ​ | ​ | ​    | ​ |        — | ​                              | ​ |
| Loss on sale of real estate, net                                                           | ​ | ​ | ​    | ​ |   -3,025 | ​ | ​ | ​ | ​    | ​ |   32,370 | ​                              | ​ |
| Purchase price and other fair value adjustments                                            | ​ | ​ | ​    | ​ |  -88,966 | ​ | ​ | ​ | ​    | ​ |   17,