Company: SLG-PI
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047886
Chunk: 120

Company: SL GREEN REALTY CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 120
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 SL Green Operating Partnership, L.P., which is referred to as SLGOP or the Operating Partnership, a Delaware limited partnership, were formed in June 1997 for the purpose of combining the commercial real estate business of S.L. Green Properties, Inc. and its affiliated partnerships and entities. The Company is a self-managed real estate investment trust, or REIT, engaged in the ownership, management, operation, acquisition, development, redevelopment, repositioning and financing of commercial real estate properties, principally office properties, located in the New York metropolitan area, principally Manhattan. Unless the context requires otherwise, all references to "we," "our" and "us" means the Company and all entities owned or controlled by the Company, including the Operating Partnership.

The following discussion related to our consolidated financial statements should be read in conjunction with the financial statements appearing in this Quarterly Report on this Form 10-Q and in Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2024.

As of September 30, 2025, we owned the following interests in properties in the New York metropolitan area, primarily in midtown Manhattan. Our investments located outside of Manhattan are referred to as the Suburban properties:

ConsolidatedUnconsolidatedTotalLocationProperty TypeNumber of BuildingsApproximate Square Feet Number of BuildingsApproximate Square FeetNumber of BuildingsApproximate Square FeetWeighted Average Leased Occupancy (1)Commercial:ManhattanOffice16 9,788,852 10 13,560,633 26 23,349,485 91.9 %Retail2 30,496 — — 2 30,496 100.0 %Development/Redevelopment2 (2)844,845 — — 2 844,845 N/A20 10,664,193 10 13,560,633 30 24,224,826 91.9 %SuburbanOffice7 862,800 — — 7 862,800 68.7 %Total commercial properties27 11,526,993 10 13,560,633 37 25,087,626 91.1 %Residential:ManhattanResidential1 (2)140,382 1 221,884 2 362,266 99.6 %Total core portfolio28 11,667,375 11 13,782,517