Company: SLG-PI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001040971-25-000010
Chunk: 95

Company: SL GREEN REALTY CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 95
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 estate taxes297,520 287,462 252,806 Operating lease rent33,207 29,048 26,152 Interest expense, net of interest income573,148 574,032 431,865 Amortization of deferred financing costs21,289 28,157 27,754 Depreciation and amortization538,390 516,466 465,100 Total expenses$1,723,112 $1,688,795 $1,443,679 Gain (loss) on early extinguishment of debt233,704 — (467)Depreciable real estate reserves and impairments(181,798)— — Net loss before gain (loss) on sale$(186,747)$(163,751)$(104,782)Company's equity in net loss from unconsolidated joint ventures$(179,695)$(76,509)$(57,958)

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Notes to Consolidated Financial Statements (cont.)December 31, 2024    

 7. Deferred Costs

Deferred costs as of December 31, 2024 and 2023 consisted of the following (in thousands):December 31, 2024December 31, 2023Deferred leasing costs$426,055 $399,224 Less: accumulated amortization(308,923)(287,761)Deferred costs, net$117,132 $111,463 

8. Mortgages and Other Loans Payable

The mortgages and other loans payable collateralized by the respective properties and assignment of leases or debt investments as of December 31, 2024 and 2023, respectively, were as follows (dollars in thousands):PropertyCurrent Maturity DateFinal Maturity Date (1)InterestRate (2)December 31, 2024December 31, 2023Fixed Rate Debt:10 East 53rd StreetMay 2025May 20285.45%$205,000 $— 100 Church StreetJune 2025June 20275.89%370,000 370,000 7 Dey / 185 BroadwayNovember 2025November 20266.65%190,148 190,148 Landmark SquareJanuary 2027January 20274.90%100,000 100,000 485 Lexington AvenueFebruary 2027February 202