Company: SLG-PI
Filing Date: 2025-04-17
Form Type: 10-K/A
Source: 0001040971-25-000019
Chunk: 57

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-17
Form: 10-K/A
Chunk 57
---
 Economic interest represent the Company's interests in the joint venture as of December 31, 2024. Changes in economic interests within the current year are disclosed in the notes below.

(2) Included in the Company's alternative strategy portfolio.

(3) The joint venture owns a long-term leasehold interest in the retail space and certain other spaces at 1560 Broadway, which is adjacent to 1552 Broadway. In December 2023, following an assessment of the investment for recoverability, the Company recorded a charge of $ 8.1million, which is included in Depreciable real estate reserves and impairments in the consolidated statements of operations.

(4) The joint venture owns a long-term leasehold interest in the retail space at 650 Fifth Avenue.

(5) In November 2024, the Company sold an additional 11% interest in the joint venture. The Company retained a 60.01% ownership interest in the investment and recognized a $ 187.6million gain in Equity in net gain (loss) on sale of interest in unconsolidated joint venture/real estate.

(6) In December 2024, following an assessment of the investment for recoverability, the Company recorded a charge of $ 72.6million, which is included in Equity in net loss from unconsolidated joint ventures in the consolidated statements of operations.

(7) In December 2023, following an assessment of the property and the investment for recoverability, the Company recorded a charge of $ 101.7million, which is included in Depreciable real estate reserves and impairments in the consolidated statements of operations. In January 2024, the Company closed on the acquisition of interests in the joint venture that owns the leasehold interest for noconsideration, which increases the Company's interest in the joint venture to 95.0%. In addition, in February 2024, the joint venture settled the previously existing $ 182.5million mortgage on the property for a net payment of $ 7.0million.

(8) In December 2024, following an assessment of the investment for recoverability, the Company recorded a charge of $ 20.4million, which is included in Equity in net loss from unconsolidated joint ventures in the consolidated statements of operations.

<div align='center'>SL Green Realty Corp. and SL Green Operating Partnership, L.P.</div>

### Notes to Consolidated Financial Statements (cont.)

#### December 31, 2024