Company: SLG-PI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001040971-25-000022
Chunk: 101

Company: SL GREEN REALTY CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 101
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 24,237,772 92.0 %SuburbanOffice7 862,800 — — 7 862,800 73.2 %Total commercial properties27 11,526,993 11 13,573,579 38 25,100,572 91.3 %Residential:ManhattanResidential1 (2)140,382 1 221,884 2 362,266 99.6 %Total core portfolio28 11,667,375 12 13,795,463 40 25,462,838 91.4 %Alternative Strategy Portfolio— — 7 2,567,025 7 2,567,025 63.0 %

(1)The weighted average leased occupancy for commercial properties represents the total leased square feet divided by the total square footage at acquisition.  The weighted average leased occupancy for residential properties represents the total leased units divided by the total available units. Properties under construction are not included in the calculation of weighted average leased occupancy.

(2)As of March 31, 2025, we owned a building at 7 Dey Street / 185 Broadway that was comprised of approximately 140,382 square feet of residential space and approximately 50,206 square feet of office and retail space that is under development. For the purpose of this report, we have included this building in the number of residential properties we own. However, we have included only the residential square footage in the residential approximate square footage, and have listed the balance of the square footage as development square footage.

As of March 31, 2025, we also managed one office building and one retail building owned by a third party encompassing approximately 0.4 million square feet, and held debt and preferred equity investments with a book value of $318.2 million, excluding credit losses and approximately $24.8 million of debt and preferred equity investments and other financing receivables that are included in other balance sheet line items other than the Debt and preferred equity investments line item.

Critical Accounting Estimates

Refer to the 2024 Annual Report on Form 10-K of the Company and the Operating Partnership for a discussion of our critical accounting estimates, which include investment in commercial real estate properties and investment in unconsolidated joint ventures. During the three months ended March 31, 2025, there were no material changes to these estimates.

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Table of Contents

Results of Operations