Company: SLG-PI
Filing Date: 2025-04-17
Form Type: 10-K/A
Source: 0001040971-25-000019
Chunk: 47

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-17
Form: 10-K/A
Chunk 47
---
 be included in the vintage disclosures required for entities in accordance with Subtopic 326-20, which requires that an entity disclose the amortized cost basis of financing receivables by credit-quality indicator and class of financing receivable by year of origination. ASU 2022-02 is effective for reporting periods beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company adopted this guidance on January 1, 2023 and it did not have a material impact on the Company's consolidated financial statements.

#### 3. Property Acquisitions and Consolidations
2024 Acquisitions

During the year ended December 31, 2024, we did notacquire any properties from a third party.

2024 Property Consolidations

The following table summarizes the properties consolidated during the year ended December 31, 2024:

| Property               |     | Consolidation Date |     | Property Type |     | Approximate Square Feet |     |         |     | Gross Asset Valuation 
 (in millions)         |       |
|:-----------------------|:----|:-------------------|:----|:--------------|:----|:------------------------|:----|--------:|:----|:----------------------|------:|
| 100 Park Avenue(1)     |     | December 2024      |     | Fee Interest  |     |                         |     | 834,000 |     | $                     | 441.0 |
| 10 East 53rd Street(2) |     | March 2024         |     | Fee Interest  |     |                         |     | 354,300 |     |                       | 236.0 |

(1) In December 2024, the Company amended the joint venture agreement with its partner. As a result of the amended terms, it was concluded that the joint venture is a VIE in which the Company is the primary beneficiary, and the investment was consolidated in our financial statements. Upon consolidating the entity, the assets and liabilities of the entity were recorded at fair value which resulted in the recognition of a positive fair value adjustment of $ 117.8million, which is included in Purchase price and other fair value adjustments in the consolidated statements of operations. Prior to December 2024, the investment was accounted for under the equity method. See Note 16, "Fair Value Measurements."

(2) In March 2024, the Company entered into an agreement to acquire its partner