Company: SLG-PI
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047886
Chunk: 3

Company: SL GREEN REALTY CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 2
Chunk 3
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— 0.1 18.7 14.3 101.3 86.7 14.6 16.8 %SUMMIT Operator expenses— — — — %— — 36.0 37.9 36.0 37.9 (1.9)(5.0)%Transaction related costs— — — — %— — 13.1 0.2 13.1 0.2 12.9 6,450.0 %Marketing, general and administrative— — — — %— — 23.7 21.0 23.7 21.0 2.7 12.9 %82.6 72.3 10.3 14.2 %— 0.1 91.5 73.4 174.1 145.8 28.3 19.4 %Other income (expenses):Interest expense, net of interest income(49.0)(43.8)(5.2)11.9 %SUMMIT Operator tax (expense) benefit(1.3)1.8 (3.1)(172.2)%Interest expense on senior obligations of consolidated securitization vehicles(10.8)(3.3)(7.5)227.3 %Depreciation and amortization(63.2)(53.2)(10.0)18.8 %Equity in net (loss) income from unconsolidated joint ventures(9.3)(15.4)6.1 (39.6)%Equity in net gain on sale of interest in unconsolidated joint venture/real estate86.9 0.4 86.5 21,625.0 %Income from debt fund investments, net1.2 — 1.2 100.0 %Purchase price and other fair value adjustments11.1 12.9 (1.8)(14.0)%(Loss) gain on sale of real estate, net(1.1)7.5 (8.6)(114.7)%Net income (loss)$35.2 $(9.3)$44.5 (478.5)%    

66

Rental revenue

Rental revenues increased due primarily to the consolidation of 100 Park Avenue ($11.3