# EDGAR Filing Document

**Accession Number:** 0001040971
**File Stem:** 0001628280-26-004077
**Filing Date:** 2026-1
**Character Count:** 350267
**Document Hash:** 0f7bf0713ae855a8e5fd2cb88d48a475
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-004077.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0001628280-26-004077

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 19

**CONFORMED PERIOD OF REPORT**: 20260128

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SL GREEN REALTY CORP
- **CENTRAL INDEX KEY:** 0001040971
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 133956775
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13199
- **FILM NUMBER:** 26576795

**BUSINESS ADDRESS:**
- **STREET 1:** ONE VANDERBILT AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2125942700

**MAIL ADDRESS:**
- **STREET 1:** ONE VANDERBILT AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

?xml version='1.0' encoding='ASCII'? slg-20260128

&nbsp;&nbsp;&nbsp;&nbsp;

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported):

January 28, 2026

**SL GREEN REALTY CORP.**

(Exact name of registrant as specified in its charter)

Maryland

(State or other jurisdiction of incorporation or organization)

1-13199 13-3956775 <br> (Commission File Number) &nbsp;&nbsp;&nbsp;&nbsp; (I.R.S. Employer Identification No.)

---

| | | |
|:---|:---|:---|
| One Vanderbilt Avenue | One Vanderbilt Avenue | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10017 |
| New York, | New York | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Zip Code) |
| (Address of principal executive offices) | (Address of principal executive offices) | |

---

(212) 594-2700

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[☐] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | | |
|:---|:---|:---|:---|
| **Registrant** | **Trading Symbol** | **Title of Each Class** | **Name of Each Exchange on Which Registered** |
| SL Green Realty Corp. | SLG | Common Stock, $0.01 par value | New York Stock Exchange |
| SL Green Realty Corp. | SLG.PRI | 6.500% Series I Cumulative Redeemable Preferred Stock, $0.01 par value | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company &nbsp;&nbsp;&nbsp;&nbsp;[☐]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act [ ]

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**Item 2.02.**&nbsp;&nbsp;&nbsp;&nbsp;**Results of Operations and Financial Condition**

Following the issuance of a press release on January 28, 2026 announcing SL Green Realty Corp.'s, or the Company, results for the quarter ended December 31, 2025, the Company has made available on its website supplemental information regarding the Company's operations that is too voluminous for a press release. The Company is attaching the press release as Exhibit 99.1 and the supplemental package as Exhibit 99.2 to this Current Report on Form 8-K.

The information (including Exhibits 99.1 and 99.2) being furnished pursuant to this "Item 2.02. Results of Operations and Financial Condition" shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Act, or the Exchange Act regardless of any general incorporation language in such filing.

**Item 7.01.**&nbsp;&nbsp;&nbsp;&nbsp;**Regulation FD Disclosure**

As discussed in Item 2.02 above, on January 28, 2026, the Company issued a press release announcing its results for the quarter ended December 31, 2025.

The information being furnished pursuant to this "Item 7.01. Regulation FD Disclosure" shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing. This information will not be deemed an admission as to the materiality of such information that is required to be disclosed solely by Regulation FD.

**Item 9.01.**&nbsp;&nbsp;&nbsp;&nbsp;**Financial Statements and Exhibits**

(d)&nbsp;&nbsp;&nbsp;&nbsp; *Exhibits*

&nbsp;&nbsp;&nbsp;&nbsp;99.1&nbsp;&nbsp;&nbsp;&nbsp;<u>[Press release regarding results for the quarter ended December 31, 2025.](a25q4earningsrelease.htm)</u>

&nbsp;&nbsp;&nbsp;&nbsp;99.2&nbsp;&nbsp;&nbsp;&nbsp;<u>[Supplemental package.](a25q4supplemental.htm)</u>

**Non-GAAP Supplemental Financial Measures**

**<u>Funds from Operations (FFO)</u>**

FFO is a widely recognized non-GAAP financial measure of REIT performance. The Company computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, or Nareit, which may not be comparable to FFO reported by other REITs that do not compute FFO in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The revised White Paper on FFO approved by the Board of Governors of Nareit in April 2002, and subsequently amended in December 2018, defines FFO as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), excluding gains (or losses) from sales of properties, and real estate related impairment charges, plus real estate related depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.

The Company presents FFO because it considers it an important supplemental measure of the Company's operating performance and believes that it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, particularly those that own and operate commercial office properties. The Company also uses FFO as one of several criteria to determine performance-based compensation for members of its senior management. FFO is intended to exclude GAAP historical cost depreciation and amortization of real estate and related assets, which assumes that the value of real estate assets diminishes ratably over time. Historically, however, real estate values have risen or fallen with market conditions. Because FFO excludes depreciation and amortization unique to real estate, gains and losses from property dispositions, and real estate related impairment charges, it provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, and interest costs, providing perspective not immediately apparent from net income. FFO does not represent cash generated from operating activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance or to cash flow from operating activities (determined in accordance with GAAP) as a measure of the Company's liquidity, nor is it indicative of funds available to fund the Company's cash needs, including the Company's ability to make cash distributions.

------

**<u>Funds Available for Distribution (FAD)</u>**

FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

FAD is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined in accordance with GAAP. FAD is presented solely as a supplemental disclosure with respect to liquidity. Because all companies do not calculate FAD the same way, the presentation of FAD may not be comparable to similarly titled measures of other companies. FAD does not represent cash flow from operating, investing and finance activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company's liquidity.

**<u>Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre)</u>**

EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

The Company presents EBITDAre because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company's ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company's liquidity.

**<u>Net Operating Income (NOI) and Cash NOI</u>**

NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

The Company presents NOI and Cash NOI because the Company believes that these measures, when taken together with the corresponding GAAP financial measures and reconciliations, provide investors with meaningful information regarding the operating performance of properties. When operating performance is compared across multiple periods, the investor is provided with information not immediately apparent from net income that is determined in accordance with GAAP. NOI and Cash NOI provide information on trends in the revenue generated and expenses incurred in operating the Company's properties, unaffected by the cost of leverage, straight-line adjustments, depreciation, amortization, and other net income components. The Company uses these metrics internally as performance measures. None of these measures is an alternative to net income (determined in accordance with GAAP) and same-store performance should not be considered an alternative to GAAP net income performance.

**<u>Coverage Ratios</u>**

The Company presents fixed charge and debt service coverage ratios to provide a measure of the Company's financial flexibility to service current debt amortization, interest expense and operating lease rent from current cash net operating income. These coverage ratios represent a common measure of the Company's ability to service fixed cash payments; however, these ratios are not used as an alternative to cash flow from operating, financing and investing activities (determined in accordance with GAAP).

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | |
|:---|:---|
| | <u>SL GREEN REALTY CORP.</u><br>/s/ Matthew J. DiLiberto |
| | Matthew J. DiLiberto |
| | Chief Financial Officer |
| Date: January 29, 2026 | |

---

## Exhibit 99.1

**Exhibit 99.1**

**SL GREEN REALTY CORP. REPORTS** 

**FOURTH QUARTER 2025 EPS OF ($1.49) PER SHARE;** 

**AND FFO OF $1.13 PER SHARE** 

**<u>Financial and Operating Highlights</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Net loss attributable to common stockholders of $1.49 per share for the fourth quarter of 2025 and net loss attributable to common stockholders of $1.61 per share for the year ended December 31, 2025, as compared to net income of $0.13 per share and $0.08 per share, respectively, for the same periods in 2024.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Funds from operations ("FFO") of $1.13 per share for the fourth quarter of 2025. The Company reported FFO of $1.81 per share for the same period in 2024, which included $26.0 million, or $0.36 per share, of gains on discounted debt extinguishments and $7.7 million, or $0.10 per share, of positive non-cash fair value adjustments on mark-to-market derivatives.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• FFO of $5.72 per share for the full year of 2025, inclusive of $57.2 million, or $0.75 per share, of gains on discounted debt extinguishments. The Company reported FFO of $8.11 for the full year of 2024, which included $216.1 million, or $3.08 per share, of gains on discounted debt extinguishments and $5.3 million, or $0.07 per share, of positive non-cash fair value adjustments on mark-to-market derivatives.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Signed 56 Manhattan office leases totaling 766,783 square feet in the fourth quarter of 2025 and 199 Manhattan office leases totaling 2,568,551 square feet for the full year. The mark-to-market on signed Manhattan office leases was 6.4% higher for the fourth quarter and 1.2% higher for the full year than the previous fully escalated rents on the same spaces.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Manhattan same-store office occupancy increased to 93.0% as of December 31, 2025, inclusive of leases signed but not yet commenced.** 

------

**<u>Investing Highlights</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• In January 2026, closed on the previously announced acquisition of Park Avenue Tower, located at 65 East 55th Street, for $730.0 million. The acquisition was financed with a new, five-year, fixed rate $480.0 million mortgage that carries a stated coupon of 5.30%, which the Company hedged to an effective rate of 5.25%.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Closed on the sale of a 49.0% joint venture interest in 100 Park Avenue for a gross asset valuation of $425.0 million. The transaction generated cash proceeds to the Company of $34.9 million.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Closed on the acquisition of our joint venture partners' combined 39.5% interest in 800 Third Avenue for total consideration of $5.1 million.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Closed on the purchase of 346 Madison Avenue and the adjacent site at 11 East 44th Street for $160.0 million.**

**<u>Financing Highlights</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Closed on a modification and extension of the mortgage on 100 Park Avenue. The modification extended the final maturity date to January 2029, inclusive of all available extension options, at a floating rate of 2.42% over Term SOFR, which the Company hedged to a fixed rate of 5.73% through the initial maturity date in January 2028.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Closed on a modification and extension of the mortgage on 800 Third Avenue. The modification extended the final maturity date to February 2031, inclusive of all available extension options. The floating rate was maintained at 1.70% over Term SOFR, which the Company hedged to a fixed rate of 5.03% from February 2026 through the initial maturity date in February 2029.**

**<u>Special Servicing and Asset Management Highlights</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• The Company's special servicing business increased by $0.7 billion in active assignments, which now totals $8.4 billion, with an additional $9.9 billion for which the Company has been designated as special servicer on assets that are not currently in active special servicing.**

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NEW YORK, January 28, 2026 - SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported a net loss attributable to common stockholders for the quarter ended December 31, 2025 of $104.6 million, or $1.49 per share, as compared to a net income of $9.4 million, or $0.13 per share, for the same period in 2024.

The Company reported a net loss attributable to common stockholders for the year ended December 31, 2025 of $111.9 million, or $1.61 per share as compared to net income of $7.1 million, or $0.08 per share for the same period in 2024.

The Company reported FFO for the quarter ended December 31, 2025 of $86.2 million or $1.13 per share. The Company reported FFO of $131.9 million, or $1.81 per share, for the same period in 2024, which included $26.0 million, or $0.36 per share, of gains on discounted debt extinguishments and $7.7 million, or $0.10 per share, of positive non-cash fair value adjustments on mark-to-market derivatives.

The Company reported FFO for the year ended December 31, 2025 of $437.7 million or $5.72 per share, inclusive of $57.2 million, or $0.75 per share, of net gain on discounted debt extinguishment at 1552-1560 Broadway, and net of $14.5 million, or $0.19 per share, of investment reserves, $13.9 million, or $0.18 per share of transaction costs primarily attributable to the Company's pursuit of a casino license, and $3.8 million, or $0.05 per share, of negative non-cash fair value adjustments on mark-to-market derivatives. The Company reported FFO of $569.8 million, or $8.11 per share, for the same period in 2024, which included $216.1 million, or $3.08 per share, of gains on discounted debt extinguishments and $5.3 million, or $0.07 per share, of positive non-cash fair value adjustments on mark-to-market derivatives.

All per share amounts are presented on a diluted basis.

**<u>Operating and Leasing Activity</u>**

Same-store cash NOI, including the Company's share of same-store cash NOI from unconsolidated joint ventures, decreased by 3.4% for the fourth quarter of 2025 and 2.0% for the year ended December 31, 2025, excluding lease termination income, as compared to the same period in 2024.

During the fourth quarter of 2025, the Company signed 56 office leases in its Manhattan office portfolio totaling 766,783 square feet. The average rent on the Manhattan office leases signed in the fourth quarter of 2025 was $98.26 per rentable square foot with an average lease term of 8.5 years and average tenant concessions of 8.8 months of free rent with a tenant improvement allowance of $97.54 per rentable square foot. Thirty-six leases comprising 462,805 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $91.74 per rentable square foot, representing a 6.4% increase over the previous fully escalated rents on the same office spaces.

------

During the year ended December 31, 2025, the Company signed 199 office leases in its Manhattan office portfolio totaling 2,568,551 square feet. The average rent on the Manhattan office leases signed in 2025 was $91.77 per rentable square foot with an average lease term of 8.8 years and average tenant concessions of 8.6 months of free rent with a tenant improvement allowance of $93.62 per rentable square foot. One hundred twenty-nine leases comprising 1,452,438 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $90.04 per rentable square foot, representing a 1.2% increase over the previous fully escalated rents on the same office spaces.

Occupancy in the Company's Manhattan same-store office portfolio increased to 93.0% as of December 31, 2025, inclusive of leases signed but not yet commenced, as compared to 92.4% as of September 30, 2025 and 92.5% as of December 31, 2024.

Significant leasing activity in the fourth quarter includes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with a financial services company for 92,663 square feet at One Madison Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New lease with Moroccan Oil for 68,965 square feet at 1185 Avenue of the Americas;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Early renewal and new expansion lease with Wells Fargo Clearing Services, Inc. for 49,865 square feet at 280 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New lease with Groombridge, Wu, Baughman & Stone LLP for 42,866 square feet at 1185 Avenue of the Americas;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with Elliot Management Corporation for 39,850 square feet at 280 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with Ares Management LLC for 38,358 square feet at 245 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New lease with Cliffwater LLC for 37,987 square feet at 245 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with Houlihan Lokey Inc. for 37,224 square feet at 245 Park Avenue.

------

**<u>Investment Activity</u>**

In January 2026, the Company closed on the purchase of Park Avenue Tower, located at 65 East 55th Street, for $730.0 million, fortifying the Company's substantial presence on Park Avenue. The acquisition was financed with a new, five-year, fixed rate $480.0 million mortgage that carries a stated coupon of 5.30%, which the Company hedged to an effective rate of 5.25%.

In December, the Company closed on the sale of a 49.0% joint venture interest in 100 Park Avenue for a gross asset valuation of $425.0 million. The transaction generated cash proceeds to the Company of $34.9 million.

In October, the Company closed on the acquisition of our joint venture partners' combined 39.5% interest in 800 Third Avenue for total consideration of $5.1 million.

In October, the Company closed on the purchase of 346 Madison Avenue and the adjacent site at 11 East 44th Street for $160.0 million, providing the Company the opportunity to pursue a world-class, ground-up new office development.

**<u>Financing Activity</u>**

In December, the Company closed on a modification and extension of the mortgage on 100 Park Avenue. The modification extended the final maturity date to January 2029, inclusive of all available extension options, at a floating rate of 2.42% over Term SOFR, which the Company hedged to a fixed rate of 5.73% through the initial maturity date in January 2028.

In October, the Company closed on a modification and extension of the mortgage on 800 Third Avenue. The modification extended the final maturity date to February 2031, inclusive of all available extension options. The floating rate was maintained at 1.70% over Term SOFR, which the Company hedged to a fixed rate of 5.03% from February 2026 through the initial maturity date in February 2029.

**<u>Special Servicing and Asset Management Activity</u>**

The Company's special servicing business increased by $0.7 billion in active assignments, which now totals $8.4 billion, with an additional $9.9 billion for which the Company has been designated as special servicer on assets that are not currently in active special servicing.

------

**<u>Dividends</u>**

In the fourth quarter of 2025, the Company declared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Two monthly ordinary dividends on its outstanding common stock of $0.2575 per share, which were paid in cash on November 17 and December 15, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** A quarterly dividend on its outstanding 6.50% Series I Cumulative Redeemable Preferred Stock of $0.40625 per share for the period October 15, 2025 through and including January 14, 2026, which was paid in cash on January 15, 2026, and is the equivalent of an annualized dividend of $1.625 per share.

On December 5, 2025, the Company announced a modification to its dividend policy. Beginning in fiscal year 2026, ordinary dividends will be declared and paid quarterly rather than monthly. The ordinary dividend will continue to be paid in cash.

**<u>Conference Call and Audio Webcast</u>**

The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, January 29, 2026, at 2:00 p.m. ET to discuss the financial results.

Supplemental data will be available prior to the quarterly conference call in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under "Financial Reports."

The live conference call will be webcast in listen-only mode and a replay will be available in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under "Presentations & Webcasts."

Research analysts who wish to participate in the conference call must first register at https://register-conf.media-server.com/register/BIdf54cb0f07f14525b86bd3b1dcc871fd.

**<u>Company Profile</u>**

SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of December 31, 2025, SL Green held interests in 56 buildings totaling 31.4 million square feet. This included ownership interests in 28.0 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments, excluding fund investments.

To obtain the latest news releases and other Company information, please visit our website at www.slgreen.com or contact Investor Relations at investor.relations@slgreen.com.

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**<u>Disclaimers</u>**

***Non-GAAP Financial Measures***

*During the quarterly conference call, the Company may discuss non-GAAP financial measures as defined by SEC Regulation G. In addition, the Company has used non-GAAP financial measures in this press release. A reconciliation of each non-GAAP financial measure and the comparable GAAP financial measure can be found in this release and in the Company's Supplemental Package.*

***Forward-looking Statements***

*This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as future capital expenditures, dividends and acquisitions (including the amount and nature thereof), development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms.*

*Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.*

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**SL GREEN REALTY CORP.**

**CONSOLIDATED STATEMENTS OF OPERATIONS**

*(unaudited and in thousands, except per share data)*

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** | **December 31,** | **December 31,** |
| **Revenues:** | **2025** | **2024** | **2025** | **2024** |
| **Revenues:** |  |  |  |  |
| Rental revenue, net | $**159816** | $139613 | $**601541** | $542995 |
| Escalation and reimbursement revenues | **23497** | 17317 | **78564** | 63004 |
| SUMMIT Operator revenue | **35920** | 38571 | **122344** | 133214 |
| Investment income | **2568** | 5415 | **29377** | 24353 |
| Interest income from real estate loans held by consolidated securitization vehicles | **14866** | 14209 | **62734** | 18980 |
| Other income | **39800** | 30754 | **108486** | 103726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total revenues | **276467** | 245879 | **1003046** | 886272 |
| **Expenses:** |  |  |  |  |
| Operating expenses, including related party expenses of $0 and $9 in 2025 and $5 and $7 in 2024 | **61259** | 50150 | **226099** | 189598 |
| Real estate taxes | **42429** | 33692 | **155023** | 128187 |
| Operating lease rent | **6106** | 5287 | **24423** | 24423 |
| SUMMIT Operator expenses | **33794** | 28792 | **116364** | 111739 |
| Interest expense, net of interest income | **49422** | 38153 | **187656** | 147220 |
| Amortization of deferred financing costs | **1901** | 1734 | **7054** | 6619 |
| SUMMIT Operator tax benefit | **478** | 1949 | **3259** | 730 |
| Interest expense on senior obligations of consolidated securitization vehicles | **14866** | 11304 | **60693** | 14634 |
| Depreciation and amortization | **67839** | 53436 | **255713** | 207443 |
| Loan loss and other investment reserves, net of recoveries | **—** |  | **(71326)** |  |
| Transaction related costs | **341** | 138 | **13942** | 401 |
| Marketing, general and administrative | **22306** | 22827 | **89310** | 85187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total expenses | **300741** | 247462 | **1068210** | 916181 |
| Equity in net loss from unconsolidated joint ventures | **(25251)** | (279752) | **(56143)** | (179695) |
| Loss from debt fund investments, net | **(3222)** |  | **(1446)** |  |
| Equity in net gain on sale of interest in unconsolidated joint venture/real estate | **1142** | 189138 | **86068** | 208144 |
| Purchase price and other fair value adjustments | **(28143)** | 125287 | **(36233)** | 88966 |
| (Loss) gain on sale of real estate, net | **(426)** | (1705) | **(2143)** | 3025 |
| Depreciable real estate reserves | **(23546)** | (38232) | **(32092)** | (104071) |
| Gain on sale of marketable securities | **—** |  | **10232** |  |
| Gain on early extinguishment of debt | **—** | 25985 | **—** | 43762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net (loss) income | **(103720)** | 19138 | **(96921)** | 30222 |
| Net (loss) income attributable to noncontrolling interests: |  |  |  |  |
| Noncontrolling interests in the Operating Partnership | **7170** | (663) | **7673** | (497) |
| Noncontrolling interests in other partnerships | **(2108)** | (3222) | **971** | 928 |
| Preferred units distributions | **(2172)** | (2158) | **(8633)** | (8643) |
| Net (loss) income attributable to SL Green | **(100830)** | 13095 | **(96910)** | 22010 |
| Perpetual preferred stock dividends | **(3737)** | (3737) | **(14950)** | (14950) |
| Net (loss) income attributable to SL Green common stockholders | $**(104567)** | $9358 | $**(111860)** | $7060 |
| **Earnings Per Share (EPS)** |  |  |  |  |
| Basic (loss) earnings per share | $**(1.49)** | $0.13 | $**(1.61)** | $0.08 |
| Diluted (loss) earnings per share | $**(1.49)** | $0.13 | $**(1.61)** | $0.08 |
| **Funds From Operations (FFO)** |  |  |  |  |
| Basic FFO per share | $**1.16** | $1.87 | $**5.88** | $8.29 |
| Diluted FFO per share | $**1.13** | $1.81 | $**5.72** | $8.11 |
| **<u>Basic ownership interest</u>** |  |  |  |  |
| Weighted average REIT common shares for net income per share | **70468** | 67167 | **70443** | 65062 |
| Weighted average partnership units held by noncontrolling interests | **3863** | 3487 | **3964** | 3674 |
| **Basic weighted average shares and units outstanding** | **74331** | 70654 | **74407** | 68736 |
| **<u>Diluted ownership interest</u>** |  |  |  |  |
| Weighted average REIT common share and common share equivalents | **72731** | 69428 | **72503** | 66594 |
| Weighted average partnership units held by noncontrolling interests | **3863** | 3487 | **3964** | 3674 |
| **Diluted weighted average shares and units outstanding** | **76594** | 72915 | **76467** | 70268 |

---

------

**SL GREEN REALTY CORP.**

**CONSOLIDATED BALANCE SHEETS**

*(unaudited and in thousands, except per share data)*

---

| | | |
|:---|:---|:---|
| | **December 31,**<br>**2025** | **December 31,**<br>**2024** |
| **Assets** |  |  |
| Commercial real estate properties, at cost: |  |  |
| Land and land interests | $1699215 | $1357041 |
| Building and improvements | 4012305 | 3862224 |
| Building leasehold and improvements | 1448112 | 1388476 |
|  | 7159632 | 6607741 |
| Less: accumulated depreciation | (2306377) | (2126081) |
|  | 4853255 | 4481660 |
| Cash and cash equivalents | 155747 | 184294 |
| Restricted cash | 180748 | 147344 |
| Investment in marketable securities | 23666 | 22812 |
| Tenant and other receivables | 45524 | 44055 |
| Related party receivables | 16293 | 26865 |
| Deferred rents receivable | 266678 | 266428 |
| Debt and preferred equity investments, net of discounts and deferred origination fees of $14 and $1,618 in 2025 and 2024, respectively, and allowances of $454 and $13,520 in 2025 and 2024, respectively | 168358 | 303726 |
| Investments in unconsolidated joint ventures | 2624755 | 2690138 |
| Debt fund investments, at fair value | 152958 |  |
| Deferred costs, net | 129019 | 117132 |
| Right-of-use assets - operating leases | 864430 | 865639 |
| Real estate loans held by consolidated securitization vehicles (includes $1,023,877 and $584,134 at fair value as of December 31, 2025 and December 31, 2024, respectively) | 1023877 | 709095 |
| Other assets | 577299 | 610911 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets** | $**11082607** | $10470099 |
| **Liabilities** |  |  |
| Mortgages and other loans payable | $2154499 | $1951024 |
| Revolving credit facility | 640000 | 320000 |
| Unsecured term loan | 1150000 | 1150000 |
| Unsecured notes |  | 100000 |
| Deferred financing costs, net | (13063) | (14242) |
| Total debt, net of deferred financing costs | 3931436 | 3506782 |
| Accrued interest payable | 15221 | 16527 |
| Accounts payable and accrued expenses | 134621 | 122674 |
| Deferred revenue | 147419 | 164887 |
| Lease liability - financing leases | 108183 | 106853 |
| Lease liability - operating leases | 805192 | 810989 |
| Dividend and distributions payable | 2536 | 21816 |
| Security deposits | 68276 | 60331 |
| Junior subordinate deferrable interest debentures held by trusts that issued trust preferred securities | 100000 | 100000 |
| Senior obligations of consolidated securitization vehicles (includes $1,023,877 and $567,487 at fair value as of December 31, 2025 and December 31, 2024, respectively) | 1023877 | 590131 |
| Other liabilities (includes $244,941 and $251,096 at fair value as of December 31, 2025 and December 31, 2024, respectively) | 392756 | 414153 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities** | **6729517** | 5915143 |
| Commitments and contingencies |  |  |
| Noncontrolling interests in Operating Partnership | 241371 | 288941 |
| Preferred units and redeemable equity | 199271 | 196064 |
| **Equity** |  |  |
| SL Green stockholders' equity: |  |  |
| Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 and 9,200 issued and outstanding at both December 31, 2025 and December 31, 2024 | 221932 | 221932 |
| Common stock, $0.01 par value 160,000 shares authorized, 71,159 and 71,097 issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 711 | 711 |
| Additional paid-in capital | 4212590 | 4159562 |
| Accumulated other comprehensive (loss) income | (22198) | 18196 |
| Retained deficit | (741880) | (449101) |
| Total SL Green Realty Corp. stockholders' equity | 3671155 | 3951300 |
| Noncontrolling interests in other partnerships | 241293 | 118651 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total equity** | **3912448** | 4069951 |
| **Total liabilities and equity** | $**11082607** | $10470099 |

---

------

**SL GREEN REALTY CORP.**

**RECONCILIATION OF NON-GAAP FINANCIAL MEASURES**

*(unaudited and in thousands, except per share data)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** | **December 31,** | **December 31,** |
| **<u>Funds From Operations (FFO) Reconciliation:</u>** | **2025** | **2024** | **2025** | **2024** |
| Net (loss) income attributable to SL Green common stockholders | $(104567) | $9358 | $(111860) | $7060 |
| <u>Add:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization | 67839 | 53436 | 255713 | 207443 |
| &nbsp;&nbsp;&nbsp;Joint venture depreciation and noncontrolling interest adjustments | 65677 | 69636 | 312025 | 287671 |
| &nbsp;&nbsp;&nbsp;Net (loss) income attributable to noncontrolling interests | (5062) | 3885 | (8644) | (431) |
| <u>Less:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Equity in net gain on sale of interest in unconsolidated joint venture/real estate | 1142 | 189138 | 86068 | 208144 |
| &nbsp;&nbsp;&nbsp;Purchase price and other fair value adjustments | (28226) | 117195 | (33517) | 83430 |
| &nbsp;&nbsp;&nbsp;(Loss) gain on sale of real estate, net | (426) | (1705) | (2143) | 3025 |
| &nbsp;&nbsp;&nbsp;Depreciable real estate reserves | (23546) | (38232) | (32092) | (104071) |
| &nbsp;&nbsp;&nbsp;Depreciable real estate reserves in unconsolidated joint venture | (12812) | (263190) | (14592) | (263190) |
| &nbsp;&nbsp;&nbsp;Depreciation on non-rental real estate assets | 1526 | 1226 | 5838 | 4583 |
| **FFO attributable to SL Green common stockholders and unit holders** | $**86229** | $131883 | $**437672** | $569822 |

---

------

**SL GREEN REALTY CORP.**

**RECONCILIATION OF NON-GAAP FINANCIAL MEASURES**

*(unaudited and in thousands, except per share data)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** | **December 31,** | **December 31,** |
| **<u>Operating income and Same-store NOI Reconciliation:</u>** | **2025** | **2024** | **2025** | **2024** |
| **Net (loss) income** | $**(103720)** | $19138 | $**(96921)** | $30222 |
| Depreciable real estate reserves | 23546 | 38232 | 32092 | 104071 |
| Loss (gain) on sale of real estate, net | 426 | 1705 | 2143 | (3025) |
| Purchase price and other fair value adjustments | 28143 | (125287) | 36233 | (88966) |
| Equity in net gain on sale of interest in unconsolidated joint venture/real estate | (1142) | (189138) | (86068) | (208144) |
| Gain on sale of marketable securities |  |  | (10232) |  |
| Depreciation and amortization | 67839 | 53436 | 255713 | 207443 |
| SUMMIT Operator tax benefit | 478 | 1949 | 3259 | 730 |
| Amortization of deferred financing costs | 1901 | 1734 | 7054 | 6619 |
| Interest expense, net of interest income | 49422 | 38153 | 187656 | 147220 |
| Interest expense on senior obligations of consolidated securitization vehicles | 14866 | 11304 | 60693 | 14634 |
| **Operating income (loss)** | **81759** | (148774) | **391622** | 210804 |
| Equity in net loss from unconsolidated joint ventures | 25251 | 279752 | 56143 | 179695 |
| Loss from debt fund investments, net | 3222 |  | 1446 |  |
| Marketing, general and administrative expense | 22306 | 22827 | 89310 | 85187 |
| Transaction related costs | 341 | 138 | 13942 | 401 |
| Loan loss and other investment reserves, net of recoveries |  |  | (71326) |  |
| SUMMIT Operator expenses | 33794 | 28792 | 116364 | 111739 |
| Gain on early extinguishment of debt |  | (25985) |  | (43762) |
| Investment income | (2568) | (5415) | (29377) | (24353) |
| Interest income from real estate loans held by consolidated securitization vehicles | (14866) | (14209) | (62734) | (18980) |
| SUMMIT Operator revenue | (35920) | (38571) | (122344) | (133214) |
| Non-building revenue | (33024) | (20704) | (73431) | (68881) |
| **Net operating income (NOI)** | **80295** | 77851 | **309615** | 298636 |
| Equity in net loss from unconsolidated joint ventures | (25251) | (279752) | (56143) | (179695) |
| SLG share of unconsolidated JV depreciable real estate reserves | 12812 | 263190 | 14592 | 263190 |
| SLG share of unconsolidated JV depreciation and amortization | 64654 | 67046 | 259498 | 275098 |
| SLG share of unconsolidated JV amortization of deferred financing costs | 5882 | 3459 | 15738 | 11334 |
| SLG share of unconsolidated JV interest expense, net of interest income | 68827 | 67099 | 263710 | 276852 |
| SLG share of unconsolidated JV transaction related costs |  |  |  |  |
| SLG share of unconsolidated JV gain on early extinguishment of debt |  |  | (57187) | (172369) |
| SLG share of unconsolidated JV investment income | (426) | (5048) | (14366) | (11513) |
| SLG share of unconsolidated JV loan loss and other investment reserves, net of recoveries |  |  | 14531 |  |
| SLG share of unconsolidated JV non-building revenue | (3517) | 147 | (8580) | (3051) |
| **NOI including SLG share of unconsolidated JVs** | **203276** | 193992 | **741408** | 758482 |
| NOI from other properties/affiliates | (31406) | (21690) | (59851) | (83520) |
| **Same-Store NOI** | **171870** | 172302 | **681557** | 674962 |
| Straight-line and free rent | (1657) | (403) | 1433 | (2800) |
| Amortization of acquired above and below-market leases, net | 1021 | 830 | 3516 | 2578 |
| Operating lease straight-line adjustment | 204 | 204 | 815 | 815 |
| SLG share of unconsolidated JV straight-line and free rent | (9656) | (5883) | (32519) | (12763) |
| SLG share of unconsolidated JV amortization of acquired above and below-market leases, net | (6328) | (6393) | (24826) | (24405) |
| **Same-store cash NOI** | $**155454** | $160657 | $**629976** | $638387 |
| Lease termination income | (704) | (2743) | (5629) | (6344) |
| SLG share of unconsolidated JV lease termination income | (2184) |  | (7602) | (2515) |
| **Same-store cash NOI excluding lease termination income** | $**152566** | $157914 | $**616745** | $629528 |

---

------

**SL GREEN REALTY CORP.**

**NON-GAAP FINANCIAL MEASURES - DISCLOSURES**

**<u>Funds from Operations (FFO)</u>**

FFO is a widely recognized non-GAAP financial measure of REIT performance. The Company computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, or Nareit, which may not be comparable to FFO reported by other REITs that do not compute FFO in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The revised White Paper on FFO approved by the Board of Governors of Nareit in April 2002, and subsequently amended in December 2018, defines FFO as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), excluding gains (or losses) from sales of properties, and real estate related impairment charges, plus real estate related depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.

The Company presents FFO because it considers it an important supplemental measure of the Company's operating performance and believes that it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, particularly those that own and operate commercial office properties. The Company also uses FFO as one of several criteria to determine performance-based compensation for members of its senior management. FFO is intended to exclude GAAP historical cost depreciation and amortization of real estate and related assets, which assumes that the value of real estate assets diminishes ratably over time. Historically, however, real estate values have risen or fallen with market conditions. Because FFO excludes depreciation and amortization unique to real estate, gains and losses from property dispositions, and real estate related impairment charges, it provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, and interest costs, providing perspective not immediately apparent from net income. FFO does not represent cash generated from operating activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance or to cash flow from operating activities (determined in accordance with GAAP) as a measure of the Company's liquidity, nor is it indicative of funds available to fund the Company's cash needs, including the Company's ability to make cash distributions.

**<u>Funds Available for Distribution (FAD)</u>**

FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

FAD is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined in accordance with GAAP. FAD is presented solely as a supplemental disclosure with respect to liquidity. Because all companies do not calculate FAD the same way, the presentation of FAD may not be comparable to similarly titled measures of other companies. FAD does not represent cash flow from operating, investing and finance activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company's liquidity.

**<u>Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre)</u>**

EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

The Company presents EBITDAre because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company's ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company's liquidity.

**<u>Net Operating Income (NOI) and Cash NOI</u>**

NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

The Company presents NOI and Cash NOI because the Company believes that these measures, when taken together with the corresponding GAAP financial measures and reconciliations, provide investors with meaningful information regarding the operating performance of properties. When operating performance is compared across multiple periods, the investor is provided with information not immediately apparent from net income that is determined in accordance with GAAP. NOI and Cash NOI provide information on trends in the revenue generated and expenses incurred in operating the Company's properties, unaffected by the cost of leverage, straight-line adjustments, depreciation, amortization, and other net income components. The Company uses these metrics internally as performance measures. None of these measures is an alternative to net income (determined in accordance with GAAP) and same-store performance should not be considered an alternative to GAAP net income performance.

**<u>Coverage Ratios</u>**

The Company presents fixed charge and debt service coverage ratios to provide a measure of the Company's financial flexibility to service current debt amortization, interest expense and operating lease rent from current cash net operating income. These coverage ratios represent a common measure of the Company's ability to service fixed cash payments; however, these ratios are not used as an alternative to cash flow from operating, financing and investing activities (determined in accordance with GAAP).

SLG-EARN

## Exhibit 99.2

![q42025suppcovera.jpg](q42025suppcovera.jpg)

------

![slglogoa.jpg](slglogoa.jpg)<br>

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, debt investing, financing, development, redevelopment, construction and leasing.

As of December 31, 2025, the Company held interests in 56 buildings totaling 31.4 million square feet. This included ownership interests in 28.0 million square feet in Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments, excluding fund investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• SL Green's common stock is listed on the New York Stock Exchange and trades under the symbol SLG.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• SL Green's website is **www.slgreen.com**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This data is furnished to supplement audited and unaudited regulatory filings of the Company and should be read in conjunction with those filings. The financial data herein is unaudited and is provided to assist readers of quarterly and annual financial filings and should not be read in replacement of, or superior to, such financial filings. As such, data otherwise contained in future regulatory filings covering the same period may restate the data presented herein.

Questions pertaining to the information contained herein should be referred to Investor Relations at investor.relations@slgreen.com.

**Forward-looking Statements**

This supplemental reporting package includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this supplemental reporting package that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as future capital expenditures, dividends and acquisitions (including the amount and nature thereof), development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this supplemental reporting package are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

The following discussion related to the consolidated financial statements of the Company should be read in conjunction with the financial statements for the year ended December 31, 2025 that will be included on Form 10-K to be filed on or before March 3, 2026.

Supplemental Information 2 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **TABLE OF CONTENTS** | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | |
|:---|:---|:---|
| **Definitions** | <u>[4](#i743b4afff50b4f7c98cc240961b78ba7_10)</u> | <u>[4](#i743b4afff50b4f7c98cc240961b78ba7_10)</u> |
| **Highlights** | <u>[6](#i743b4afff50b4f7c98cc240961b78ba7_13)</u> | <u>[6](#i743b4afff50b4f7c98cc240961b78ba7_13)</u> |
| **Key Financial Data** | <u>[8](#i743b4afff50b4f7c98cc240961b78ba7_16)</u> | <u>[10](#i743b4afff50b4f7c98cc240961b78ba7_19)</u> |
| **Office Leasing Statistics** | <u>[11](#i743b4afff50b4f7c98cc240961b78ba7_22)</u> | <u>[11](#i743b4afff50b4f7c98cc240961b78ba7_22)</u> |
| **Comparative Balance Sheets** | <u>[12](#i743b4afff50b4f7c98cc240961b78ba7_25)</u> | <u>[12](#i743b4afff50b4f7c98cc240961b78ba7_25)</u> |
| **Comparative Statements of Operations** | <u>[14](#i743b4afff50b4f7c98cc240961b78ba7_28)</u> | <u>[14](#i743b4afff50b4f7c98cc240961b78ba7_28)</u> |
| **Comparative Computation of FFO and FAD** | <u>[15](#i743b4afff50b4f7c98cc240961b78ba7_31)</u> | <u>[15](#i743b4afff50b4f7c98cc240961b78ba7_31)</u> |
| **Consolidated Statement of Equity** | <u>[16](#i743b4afff50b4f7c98cc240961b78ba7_34)</u> | <u>[16](#i743b4afff50b4f7c98cc240961b78ba7_34)</u> |
| **Joint Venture Statements** | <u>[17](#i743b4afff50b4f7c98cc240961b78ba7_37)</u> | <u>[19](#i743b4afff50b4f7c98cc240961b78ba7_43)</u> |
| **Selected Financial Data** | <u>[20](#i743b4afff50b4f7c98cc240961b78ba7_46)</u> | <u>[23](#i743b4afff50b4f7c98cc240961b78ba7_55)</u> |
| **Debt Summary Schedule** | <u>[24](#i743b4afff50b4f7c98cc240961b78ba7_58)</u> | <u>[26](#i743b4afff50b4f7c98cc240961b78ba7_64)</u> |
| **Derivative Summary Schedule** | <u>[27](#i743b4afff50b4f7c98cc240961b78ba7_67)</u> | <u>[27](#i743b4afff50b4f7c98cc240961b78ba7_67)</u> |
| **Lease Liability Schedule** | <u>[28](#i743b4afff50b4f7c98cc240961b78ba7_70)</u> | <u>[28](#i743b4afff50b4f7c98cc240961b78ba7_70)</u> |
| **Debt and Preferred Equity Investments** | <u>[29](#i743b4afff50b4f7c98cc240961b78ba7_73)</u> | <u>[29](#i743b4afff50b4f7c98cc240961b78ba7_73)</u> |
| **Selected Property Data** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Property Portfolio | <u>[31](#i743b4afff50b4f7c98cc240961b78ba7_82)</u> | <u>[35](#i743b4afff50b4f7c98cc240961b78ba7_94)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;Largest Tenants | <u>[36](#i743b4afff50b4f7c98cc240961b78ba7_97)</u> | <u>[36](#i743b4afff50b4f7c98cc240961b78ba7_97)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenant Diversification | <u>[37](#i743b4afff50b4f7c98cc240961b78ba7_100)</u> | <u>[37](#i743b4afff50b4f7c98cc240961b78ba7_100)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;Leasing Activity | <u>[38](#i743b4afff50b4f7c98cc240961b78ba7_103)</u> | <u>[39](#i743b4afff50b4f7c98cc240961b78ba7_106)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;Lease Expirations | <u>[40](#i743b4afff50b4f7c98cc240961b78ba7_109)</u> | <u>[42](#i743b4afff50b4f7c98cc240961b78ba7_115)</u> |
| **Summary of Real Estate Acquisition/Disposition Activity** | <u>[43](#i743b4afff50b4f7c98cc240961b78ba7_118)</u> | <u>[49](#i743b4afff50b4f7c98cc240961b78ba7_130)</u> |
| **Non-GAAP Disclosures and Reconciliations** | <u>[50](#i743b4afff50b4f7c98cc240961b78ba7_133)</u> | <u>[50](#i743b4afff50b4f7c98cc240961b78ba7_133)</u> |
| **Analyst Coverage** | <u>[53](#i743b4afff50b4f7c98cc240961b78ba7_136)</u> | <u>[53](#i743b4afff50b4f7c98cc240961b78ba7_136)</u> |
| **Executive Management** | <u>[54](#i743b4afff50b4f7c98cc240961b78ba7_139)</u> | <u>[54](#i743b4afff50b4f7c98cc240961b78ba7_139)</u> |

---

Supplemental Information 3 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **DEFINITIONS**<br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  | ![slglogoa.jpg](slglogoa.jpg) |

---

**Annualized cash rent** - Monthly base rent and escalations per the lease, excluding concessions, deferrals, and abatements as of the last day of the quarter, multiplied by 12.

**ASP** - Alternative strategy portfolio.

**Capitalized Interest** - The total of i) interest cost for project specific debt on properties that are under development or redevelopment plus ii) an imputed interest cost for properties that are under development or redevelopment, which is calculated based on the Company's equity investment in those properties multiplied by the Company's consolidated weighted average borrowing rate. Capitalized Interest is a component of the carrying value of a development or redevelopment property.

**CMBS Investments** - Investments in commercial mortgage-backed securities.

**Commenced Occupancy** - The percentage of square footage for which lease terms have commenced. For GAAP purposes revenue may not yet be recognized for certain commenced leases.

**Consolidated securitization vehicle -** CMBS securitization trusts for which the terms of our investment and special servicing assignment give us the ability to direct the activities that could significantly impact the trust's economic performance

**Debt service coverage** - Operating Income adding back income taxes, loan loss reserves and the Company's share of joint venture depreciation and amortization, divided by total interest and principal payments.

**Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre) -** EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

**Economic Occupancy -** The percentage of square footage for which revenue is being recognized for GAAP purposes.

**First generation TIs and LCs -** Tenant improvements (TIs), leasing commissions (LCs), and other leasing costs which are generally incurred during the first 4-5 years following acquisition of a property.

**Fixed charge -** Total payments for interest, loan principal amortization, ground rent and preferred stock dividends.

**Fixed charge coverage** - Operating Income adding back income taxes, loan loss reserves and the Company's share of joint venture depreciation and amortization, divided by Fixed Charge. The calculation of fixed charge coverage for purposes of our credit facility covenants is governed by the terms of the credit facility.

**Funds Available for Distribution (FAD) -** FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

**Funds from Operations (FFO) -** FFO is a widely recognized non-GAAP financial measure of REIT performance. The Company computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, or Nareit, which may not be comparable to FFO reported by other REITs that do not compute FFO in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The revised White Paper on FFO approved by the Board of Governors of Nareit in April 2002, and subsequently amended in December 2018, defines FFO as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), excluding gains (or losses) from sales of properties, and real estate related impairment charges, plus real estate related depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.

**Junior Mortgage Participations** - Subordinate interests in first mortgages.

**Leased Occupancy -** The percentage of square footage leased under executed leases as of the reporting date, regardless of whether the leases have commenced or the tenants have taken possession.

**Mezzanine Debt** - Loans secured by ownership interests in real estate.

**Net Operating Income (NOI) and Cash NOI -** NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

**Preferred Equity Investments** - Equity investments that are senior to common equity and are entitled to preferential returns.

**Recurring capital expenditures** - Building improvements and leasing costs required to maintain current revenues. Recurring capital expenditures do not include building improvements that are incurred to bring a property up to "operating standards."

**Redevelopment costs** - Non-recurring capital expenditures incurred to improve properties to the Company's operating standards.

**Rentable Square Footage -** The total space designated as rentable under the in-place lease agreements and vacant rentable space available to be leased.

**Right of Use Assets / Lease Liabilities** - Represents the right to control the use of leased property and the corresponding obligation, both measured at inception as the present value of the lease payments. The asset and related liability are classified as either operating or financing based on the length and cost of the lease and whether the lease contains a purchase option or a transfer of ownership. Operating leases are expensed through operating lease rent while financing leases are expensed through amortization and interest expense.

Supplemental Information 4 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **DEFINITIONS**<br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  | ![slglogoa.jpg](slglogoa.jpg) |

---

**Same-Store Properties (Same-Store)** - Properties in service and operating during both the current and prior year reporting periods. Same-Store excludes development and redevelopment properties that are not stabilized for both the current and prior year and excludes properties sold. Changes to Same-Store properties in 2025 are as follows:

---

| | |
|:---|:---|
| **Added to Same-Store in 2025:** | **Removed from Same-Store in 2025:** |
| 7 Dey Street | 85 Fifth Avenue (disposed) |
| 760 Madison Avenue - Retail | |
| 15 Beekman Street | |
| 245 Park Avenue | |

---

**Second generation TIs and LCs** - Tenant improvements, leasing commissions, and other leasing costs that do not meet the definition of first generation TIs and LCs.

**SLG Interest** - 'SLG Share' or 'Share of JV' is computed by multiplying the referenced line item by the Company's percentage ownership or economic interest in the respective joint ventures and may not accurately depict the legal and/or economic implications of holding a non-controlling interest in the respective joint ventures.

**Total square feet owned** - The total square footage of properties either wholly owned by the Company or in which the Company has a joint venture interest.

Supplemental Information 5 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **FOURTH QUARTER 2025 HIGHLIGHTS**<br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

---

NEW YORK, January 28, 2026 - SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported a net loss attributable to common stockholders for the quarter ended December 31, 2025 of $104.6 million, or $1.49 per share, as compared to a net income of $9.4 million, or $0.13 per share, for the same period in 2024.

The Company reported a net loss attributable to common stockholders for the year ended December 31, 2025 of $111.9 million, or $1.61 per share as compared to net income of $7.1 million, or $0.08 per share for the same period in 2024.

The Company reported FFO for the quarter ended December 31, 2025 of $86.2 million or $1.13 per share. The Company reported FFO of $131.9 million, or $1.81 per share, for the same period in 2024, which included $26.0 million, or $0.36 per share, of gains on discounted debt extinguishments and $7.7 million, or $0.10 per share, of positive non-cash fair value adjustments on mark-to-market derivatives.

The Company reported FFO for the year ended December 31, 2025 of $437.7 million or $5.72 per share, inclusive of $57.2 million, or $0.75 per share, of net gain on discounted debt extinguishment at 1552-1560 Broadway, and net of $14.5 million, or $0.19 per share, of investment reserves, $13.9 million, or $0.18 per share of transaction costs primarily attributable to the Company's pursuit of a casino license, and $3.8 million, or $0.05 per share, of negative non-cash fair value adjustments on mark-to-market derivatives. The Company reported FFO of $569.8 million, or $8.11 per share, for the same period in 2024, which included $216.1 million, or $3.08 per share, of gains on discounted debt extinguishments and $5.3 million, or $0.07 per share, of positive non-cash fair value adjustments on mark-to-market derivatives.

All per share amounts are presented on a diluted basis.

**<u>Operating and Leasing Activity</u>**

Same-store cash NOI, including the Company's share of same-store cash NOI from unconsolidated joint ventures, decreased by 3.4% for the fourth quarter of 2025 and 2.0% for the year ended December 31, 2025, excluding lease termination income, as compared to the same period in 2024.

During the fourth quarter of 2025, the Company signed 56 office leases in its Manhattan office portfolio totaling 766,783 square feet. The average rent on the Manhattan office leases signed in the fourth quarter of 2025 was $98.26 per rentable square foot with an average lease term of 8.5 years and average tenant concessions of 8.8 months of free rent with a tenant improvement allowance of $97.54 per rentable square foot. Thirty-six leases comprising 462,805 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $91.74 per rentable square foot, representing a 6.4% increase over the previous fully escalated rents on the same office spaces.

During the year ended December 31, 2025, the Company signed 199 office leases in its Manhattan office portfolio totaling 2,568,551 square feet. The average rent on the Manhattan office leases signed in 2025 was $91.77 per rentable square foot with an average lease term of 8.8 years and average tenant concessions of 8.6 months of free rent with a tenant improvement allowance of $93.62 per rentable square foot. One hundred twenty-nine leases comprising 1,452,438 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $90.04 per rentable square foot, representing a 1.2% increase over the previous fully escalated rents on the same office spaces.

Occupancy in the Company's Manhattan same-store office portfolio increased to 93.0% as of December 31, 2025, inclusive of leases signed but not yet commenced, as compared to 92.4% as of September 30, 2025 and 92.5% as of December 31, 2024.

Significant leasing activity in the fourth quarter includes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with a financial services company for 92,663 square feet at One Madison Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New lease with Moroccan Oil for 68,965 square feet at 1185 Avenue of the Americas;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Early renewal and new expansion lease with Wells Fargo Clearing Services, Inc. for 49,865 square feet at 280 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New lease with Groombridge, Wu, Baughman & Stone LLP for 42,866 square feet at 1185 Avenue of the Americas;

Supplemental Information 6 Fourth Quarter 2025

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| | |
|:---|:---|
| **FOURTH QUARTER 2025 HIGHLIGHTS**<br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with Elliot Management Corporation for 39,850 square feet at 280 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with Ares Management LLC for 38,358 square feet at 245 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New lease with Cliffwater LLC for 37,987 square feet at 245 Park Avenue;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New expansion lease with Houlihan Lokey Inc. for 37,224 square feet at 245 Park Avenue.

**<u>Investment Activity</u>**

In January 2026, the Company closed on the purchase of Park Avenue Tower, located at 65 East 55th Street, for $730.0 million, fortifying the Company's substantial presence on Park Avenue. The acquisition was financed with a new, five-year, fixed rate $480.0 million mortgage that carries a stated coupon of 5.30%, which the Company hedged to an effective rate of 5.25%.

In December, the Company closed on the sale of a 49.0% joint venture interest in 100 Park Avenue for a gross asset valuation of $425.0 million. The transaction generated cash proceeds to the Company of $34.9 million.

In October, the Company closed on the acquisition of our joint venture partners' combined 39.5% interest in 800 Third Avenue for total consideration of $5.1 million.

In October, the Company closed on the purchase of 346 Madison Avenue and the adjacent site at 11 East 44th Street for $160.0 million, providing the Company the opportunity to pursue a world-class, ground-up new office development.

**<u>Financing Activity</u>**

In December, the Company closed on a modification and extension of the mortgage on 100 Park Avenue. The modification extended the final maturity date to January 2029, inclusive of all available extension options, at a floating rate of 2.42% over Term SOFR, which the Company hedged to a fixed rate of 5.73% through the initial maturity date in January 2028.

In October, the Company closed on a modification and extension of the mortgage on 800 Third Avenue. The modification extended the final maturity date to February 2031, inclusive of all available extension options. The floating rate was maintained at 1.70% over Term SOFR, which the Company hedged to a fixed rate of 5.03% from February 2026 through the initial

maturity date in February 2029.

**<u>Special Servicing and Asset Management Activity</u>**

The Company's special servicing business increased by $0.7 billion in active assignments, which now totals $8.4 billion, with an additional $9.9 billion for which the Company has been designated as special servicer on assets that are not currently in active special servicing.

**<u>Dividends</u>**

In the fourth quarter of 2025, the Company declared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Two monthly ordinary dividends on its outstanding common stock of $0.2575 per share, which were paid in cash on November 17 and December 15, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** A quarterly dividend on its outstanding 6.50% Series I Cumulative Redeemable Preferred Stock of $0.40625 per share for the period October 15, 2025 through and including January 14, 2026, which was paid in cash on January 15, 2026, and is the equivalent of an annualized dividend of $1.625 per share.

On December 5, 2025, the Company announced a modification to its dividend policy. Beginning in fiscal year 2026, ordinary dividends will be declared and paid quarterly rather than monthly. The ordinary dividend will continue to be paid in cash.

**<u>Conference Call and Audio Webcast</u>**

The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, January 29, 2026, at 2:00 p.m. ET to discuss the financial results.

Supplemental data will be available prior to the quarterly conference call in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under "Financial Reports."

The live conference call will be webcast in listen-only mode and a replay will be available in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under "Presentations & Webcasts."

Research analysts who wish to participate in the conference call must first register at https://register-conf.media-server.com/register/BIdf54cb0f07f14525b86bd3b1dcc871fd.

Supplemental Information 7 Fourth Quarter 2025

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| | |
|:---|:---|
| **KEY FINANCIAL DATA**<br>**Unaudited**<br>(Dollars in Thousands Except Per Share) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** |
| | **12/31/2025** | **9/30/2025** | **6/30/2025** | **3/31/2025** | **12/31/2024** |
| **<u>Earnings Per Share</u>** | | | | | |
| Net (loss) income available to common stockholders (EPS) - diluted | $(1.49) | $0.34 | $(0.16) | $(0.30) | $0.13 |
| Funds from operations (FFO) available to common stockholders - diluted | $1.13 | $1.58 | $1.63 | $1.40 | $1.81 |
| **<u>Common Share Price & Dividends</u>** |  |  |  |  |  |
| Closing price at the end of the period | $45.87 | $59.81 | $61.90 | $57.70 | $67.92 |
| Closing high price during period | $60.52 | $65.67 | $65.94 | $68.38 | $81.13 |
| Closing low price during period | $41.53 | $52.04 | $47.90 | $55.58 | $66.24 |
| Annual dividend per common share | $3.09 | $3.09 | $3.09 | $3.09 | $3.09 |
| FFO dividend payout ratio (trailing 12 months) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53.8% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47.9% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47.4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37.3% |
| Funds available for distribution (FAD) dividend payout ratio (trailing 12 months) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.5% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95.0% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75.6% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52.3% |
| **<u>Common Shares & Units</u>** |  |  |  |  |  |
| Common shares outstanding | 71159 | 71028 | 71025 | 71016 | 71097 |
| Units outstanding | 4878 | 4850 | 4853 | 5010 | 4510 |
| Total common shares and units outstanding | 76037 | 75878 | 75878 | 76026 | 75607 |
| Weighted average common shares and units outstanding - basic | 74331 | 74318 | 74455 | 74527 | 70654 |
| Weighted average common shares and units outstanding - diluted | 76594 | 76428 | 76278 | 76333 | 72915 |
| **<u>Market Capitalization</u>** |  |  |  |  |  |
| Market value of common equity | $3487817 | $4538263 | $4696848 | $4386700 | $5135227 |
| Liquidation value of preferred equity/units and redeemable equity | 429271 | 424393 | 425141 | 426016 | 426064 |
| Consolidated debt | 4044499 | 4028382 | 3753402 | 3876727 | 3621024 |
| Consolidated market capitalization | $7961587 | $8991038 | $8875391 | $8689443 | $9182315 |
| SLG share of unconsolidated JV debt | 5897198 | 5805174 | 6043432 | 6033918 | 6027862 |
| Market capitalization including SLG share of unconsolidated JVs | $13858785 | $14796212 | $14918823 | $14723361 | $15210177 |
| Debt service coverage, including SLG share of unconsolidated JVs (trailing 12 months) | 1.81x | 1.86x | 1.85x | 1.83x | 1.91x |
| Fixed charge coverage, including SLG share of unconsolidated JVs (trailing 12 months) | 1.65x | 1.69x | 1.67x | 1.66x | 1.74x |

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Supplemental Information 8 Fourth Quarter 2025

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| | |
|:---|:---|
| **KEY FINANCIAL DATA**<br>**Unaudited**<br>(Dollars in Thousands Except Per Share) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** |
| | **12/31/2025** | **9/30/2025** | **6/30/2025** | **3/31/2025** | **12/31/2024** |
| **<u>Selected Balance Sheet Data</u>** | | | | | |
| Real estate assets before depreciation | $7159632 | $7135236 | $6731336 | $6678906 | $6607741 |
| Debt and preferred equity investments | 168358 | 171412 | 315684 | 318189 | 303726 |
| Investments in unconsolidated joint ventures | 2624755 | 2627443 | 2701382 | 2712582 | 2690138 |
| Debt fund investments | 152958 | 73402 | 41356 |  |  |
| Cash and cash equivalents | 155747 | 187039 | 182912 | 180133 | 184294 |
| Investment in marketable securities | 23666 | 16099 | 17151 | 12295 | 22812 |
| Total assets | 11082607 | 11144137 | 11252329 | 11410623 | 10470099 |
| Consolidated fixed rate & hedged debt | 3678450 | 3603866 | 3367249 | 3367361 | 3257474 |
| Consolidated variable rate debt | 366049 | 424516 | 386153 | 509366 | 363550 |
| Total consolidated debt | 4044499 | 4028382 | 3753402 | 3876727 | 3621024 |
| Deferred financing costs, net of amortization | (13063) | (13632) | (13788) | (15275) | (14242) |
| Total consolidated debt, net | 4031436 | 4014750 | 3739614 | 3861452 | 3606782 |
| Total liabilities | 6729517 | 6742640 | 6889934 | 6972478 | 5915143 |
| Fixed rate & hedged debt, including SLG share of unconsolidated JV debt | 9092996 | 8930609 | 8836884 | 8827482 | 8711539 |
| Variable rate debt, including SLG share of unconsolidated JV debt <sup>(1)</sup> | 370270 | 424516 | 386153 | 509366 | 363550 |
| ASP debt, including SLG share of unconsolidated ASP JV debt | 478431 | 478431 | 573797 | 573797 | 573797 |
| Total debt, including SLG share of unconsolidated JV debt | $9941697 | $9833556 | $9796834 | $9910645 | $9648886 |
| (1) Does not reflect floating rate debt and preferred equity investments that provide a hedge against floating rate debt. | (1) Does not reflect floating rate debt and preferred equity investments that provide a hedge against floating rate debt. | (1) Does not reflect floating rate debt and preferred equity investments that provide a hedge against floating rate debt. | (1) Does not reflect floating rate debt and preferred equity investments that provide a hedge against floating rate debt. | (1) Does not reflect floating rate debt and preferred equity investments that provide a hedge against floating rate debt. | (1) Does not reflect floating rate debt and preferred equity investments that provide a hedge against floating rate debt. |

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Supplemental Information 9 Fourth Quarter 2025

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| | |
|:---|:---|
| **KEY FINANCIAL DATA**<br>**Unaudited**<br>(Dollars in Thousands Except Per Share) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** |
| | **12/31/2025** | **9/30/2025** | **6/30/2025** | **3/31/2025** | **12/31/2024** |
| **<u>Selected Operating Data</u>** | | | | | |
| Property operating revenues | $183313 | $168536 | $165237 | $163019 | $156930 |
| Property operating expenses | (109794) | (101406) | (94960) | (99385) | (89129) |
| Property NOI | $73519 | $67130 | $70277 | $63634 | $67801 |
| SLG share of unconsolidated JV Property NOI | 119852 | 124381 | 119115 | 113876 | 118072 |
| Property NOI, including SLG share of unconsolidated JV Property NOI | $193371 | $191511 | $189392 | $177510 | $185873 |
| SUMMIT Operator revenue | 35920 | 32883 | 31007 | 22534 | 38571 |
| Investment income, including SLG share of unconsolidated JVs | 2994 | 8319 | 11398 | 21032 | 10463 |
| Income (loss) from debt fund investments, net | (3222) | 1176 | 600 |  |  |
| Interest income from real estate loans held by consolidated securitization vehicles, net |  |  | 32 | 2009 | 2905 |
| Other income, including SLG share of unconsolidated JVs | 46301 | 33471 | 22977 | 23518 | 31805 |
| Gain on early extinguishment of debt, including SLG share of unconsolidated JVs |  | 57187 |  |  | 25985 |
| SUMMIT Operator expenses | (33794) | (35959) | (24847) | (21764) | (28792) |
| Loan loss and other investment reserves, net of recoveries |  |  | 46287 | 25039 |  |
| Transaction costs, including SLG share of unconsolidated JVs | (341) | (13129) | (177) | (295) | (138) |
| Marketing general & administrative expenses | (22306) | (23701) | (21579) | (21724) | (22827) |
| Income taxes, including SLG share of unconsolidated JVs | 2305 | 137 | 1296 | 653 | 2324 |
| EBITDAre | $221228 | $251895 | $256386 | $228512 | $246169 |
| **<u>Manhattan Properties</u>** |  |  |  |  |  |
| Property operating revenues | $178189 | $164342 | $160095 | $158037 | $151614 |
| Property operating expenses | 98034 | 88987 | 82287 | 87410 | 77371 |
| Property NOI | $80155 | $75355 | $77808 | $70627 | $74243 |
| Other income - consolidated | $2610 | $1665 | $2013 | $5551 | $4157 |
| SLG share of property NOI from unconsolidated JVs | $127442 | $124737 | $118869 | $113627 | $117958 |
| **<u>Office Portfolio Statistics (Manhattan Operating Properties)</u>** |  |  |  |  |  |
| Consolidated office buildings in service | 16 | 16 | 16 | 16 | 15 |
| Unconsolidated office buildings in service | 10 | 10 | 10 | 9 | 9 |
|  | 26 | 26 | 26 | 25 | 24 |
| Consolidated office buildings in service - square footage | 9480852 | 9788852 | 9788852 | 9788852 | 9587441 |
| Unconsolidated office buildings in service - square footage | 13868633 | 13560633 | 13560633 | 12175149 | 12175149 |
|  | 23349485 | 23349485 | 23349485 | 21964001 | 21762590 |

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Supplemental Information 10 Fourth Quarter 2025

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| | |
|:---|:---|
| **OFFICE LEASING STATISTICS**<br>**Manhattan Operating Properties** | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** | **As of or for the three months ended** |
| | **12/31/2025** | **9/30/2025** | **6/30/2025** | **3/31/2025** | **12/31/2024** |
| **<u>Signed Leasing</u>** | | | | | |
| Same-Store office occupancy inclusive of leases signed not yet commenced | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93.0% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92.4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91.5% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91.9% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92.5% |
| New leases signed | 44 | 34 | 29 | 35 | 38 |
| Renewal leases signed | 12 | 18 | 17 | 10 | 10 |
| Total office leases signed | 56 | 52 | 46 | 45 | 48 |
| Signed office square footage filling vacancy | 303978 | 338686 | 232475 | 240974 | 663370 |
| Signed office square footage on previously occupied space (M-T-M leasing) <sup>(1)</sup> | 462805 | 319256 | 309246 | 361131 | 1126626 |
| Total office square footage signed | 766783 | 657942 | 541721 | 602105 | 1789996 |
| Average starting cash rent psf - office leases signed | $91.74 | $90.65 | $95.93 | $82.29 | $76.24 |
| Previous escalated cash rent psf - office leases signed <sup>(2)</sup> | $86.22 | $93.13 | $93.65 | $84.89 | $69.97 |
| Increase (decrease) in new cash rent over previously escalated cash rent <sup>(1) (2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.7)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.1)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.0% |
| Average lease term | 8.5 | 8.9 | 7.8 | 9.8 | 10.6 |
| Tenant concession packages psf | $97.54 | $99.09 | $78.81 | $94.35 | $116.36 |
| Free rent months | 8.8 | 9.1 | 6.3 | 9.4 | 12.5 |
| **<u>Commenced Leasing</u>** |  |  |  |  |  |
| Same-Store office occupancy based on commenced leases | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90.6% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90.9% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89.2% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88.6% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88.0% |
| New leases commenced | 29 | 33 | 34 | 27 | 24 |
| Renewal leases commenced | 12 | 18 | 16 | 9 | 10 |
| Total office leases commenced | 41 | 51 | 50 | 36 | 34 |
| Commenced office square footage filling vacancy | 146707 | 390460 | 372611 | 388305 | 133978 |
| Commenced office square footage on previously occupied space (M-T-M leasing) <sup>(1)</sup> | 244368 | 384800 | 334144 | 283236 | 1015833 |
| Total office square footage commenced | 391075 | 775260 | 706755 | 671541 | 1149811 |
| Average starting cash rent psf - office leases commenced | $84.32 | $95.42 | $79.27 | $84.80 | $80.72 |
| Previous escalated cash rent psf - office leases commenced <sup>(2)</sup> | $83.28 | $90.77 | $88.68 | $88.34 | $71.18 |
| Increase (decrease) in new cash rent over previously escalated cash rent <sup>(1) (2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10.6)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.0)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.4% |
| Average lease term | 5.7 | 10.5 | 10.1 | 9.1 | 10.5 |
| Tenant concession packages psf | $49.69 | $108.39 | $111.53 | $109.37 | $102.30 |
| Free rent months | 4.2 | 9.1 | 11.4 | 9.5 | 11.8 |
| (1) Calculated on space that was occupied within the previous 12 months. | (1) Calculated on space that was occupied within the previous 12 months. | (1) Calculated on space that was occupied within the previous 12 months. | (1) Calculated on space that was occupied within the previous 12 months. | (1) Calculated on space that was occupied within the previous 12 months. | (1) Calculated on space that was occupied within the previous 12 months. |
| (2) Previously escalated cash rent includes base rent plus all additional amounts paid by the previous tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment. | (2) Previously escalated cash rent includes base rent plus all additional amounts paid by the previous tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment. | (2) Previously escalated cash rent includes base rent plus all additional amounts paid by the previous tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment. | (2) Previously escalated cash rent includes base rent plus all additional amounts paid by the previous tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment. | (2) Previously escalated cash rent includes base rent plus all additional amounts paid by the previous tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment. | (2) Previously escalated cash rent includes base rent plus all additional amounts paid by the previous tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment. |

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Supplemental Information 11 Fourth Quarter 2025

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| | |
|:---|:---|
| **COMPARATIVE BALANCE SHEETS**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **As of** | **As of** | **As of** | **As of** | **As of** |
|<br>**Assets** | **12/31/2025** | **9/30/2025** | **6/30/2025** | **3/31/2025** | **12/31/2024** |
| Commercial real estate properties, at cost: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Land and land interests | $1699215 | $1627895 | $1448504 | $1450892 | $1357041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Building and improvements | 4012305 | 4082434 | 3867078 | 3828638 | 3862224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Building leasehold and improvements | 1448112 | 1424907 | 1415754 | 1399376 | 1388476 |
|  | 7159632 | 7135236 | 6731336 | 6678906 | 6607741 |
| Less: accumulated depreciation | (2306377) | (2266042) | (2220242) | (2174667) | (2126081) |
| Net real estate | 4853255 | 4869194 | 4511094 | 4504239 | 4481660 |
| Other real estate investments: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Debt and preferred equity investments, net  | 168358 | 171412 | 315684 | 318189 | 303726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment in unconsolidated joint ventures | 2624755 | 2627443 | 2701382 | 2712582 | 2690138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Debt fund investments | 152958 | 73402 | 41356 |  |  |
| Cash and cash equivalents | 155747 | 187039 | 182912 | 180133 | 184294 |
| Restricted cash | 180748 | 170004 | 159905 | 156895 | 147344 |
| Investment in marketable securities | 23666 | 16099 | 17151 | 12295 | 22812 |
| Tenant and other receivables | 45524 | 136787 | 44444 | 48074 | 44055 |
| Related party receivables | 16293 | 15287 | 12030 | 18630 | 26865 |
| Deferred rents receivable | 266678 | 268770 | 267046 | 264982 | 266428 |
| Deferred costs, net | 129019 | 117054 | 117964 | 114317 | 117132 |
| Right-of-use assets - operating leases | 864430 | 869929 | 875379 | 860449 | 865639 |
| Real estate loans held by consolidated securitization vehicles | 1023877 | 1013273 | 1431362 | 1599291 | 709095 |
| Other assets | 577299 | 608444 | 574620 | 620547 | 610911 |
| **Total Assets** | $**11082607** | $**11144137** | $**11252329** | $**11410623** | $**10470099** |

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Supplemental Information 12 Fourth Quarter 2025

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| | |
|:---|:---|
| **COMPARATIVE BALANCE SHEETS**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **As of** | **As of** | **As of** | **As of** | **As of** |
|<br>**Liabilities** | **12/31/2025** | **9/30/2025** | **6/30/2025** | **3/31/2025** | **12/31/2024** |
| Mortgages and other loans payable | $2154499 | $2288382 | $2043402 | $2036727 | $1951024 |
| Unsecured term loans | 1150000 | 1150000 | 1150000 | 1150000 | 1150000 |
| Unsecured notes |  | 100000 | 100000 | 100000 | 100000 |
| Revolving credit facility | 640000 | 390000 | 360000 | 490000 | 320000 |
| Deferred financing costs | (13063) | (13632) | (13788) | (15275) | (14242) |
| Total debt, net of deferred financing costs | 3931436 | 3914750 | 3639614 | 3761452 | 3506782 |
| Accrued interest payable | 15221 | 17803 | 16066 | 18473 | 16527 |
| Accounts payable and accrued expenses | 134621 | 140232 | 130656 | 123256 | 122674 |
| Deferred revenue | 147419 | 164132 | 158111 | 166240 | 164887 |
| Lease liability - financing leases | 108183 | 107846 | 107513 | 107183 | 106853 |
| Lease liability - operating leases | 805192 | 809665 | 814088 | 806669 | 810989 |
| Dividends and distributions payable | 2536 | 21942 | 22150 | 21978 | 21816 |
| Security deposits | 68276 | 65356 | 60825 | 62210 | 60331 |
| Junior subordinated deferrable interest debentures | 100000 | 100000 | 100000 | 100000 | 100000 |
| Senior obligations of consolidated securitization vehicles | 1023877 | 1013273 | 1431362 | 1409185 | 590131 |
| Other liabilities | 392756 | 387641 | 409549 | 395832 | 414153 |
| **Total Liabilities** | **6729517** | **6742640** | **6889934** | **6972478** | **5915143** |
| Noncontrolling interests in Operating Partnership |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (4,878 units outstanding at 12/31/2025) | 241371 | 280873 | 287151 | 288702 | 288941 |
| Preferred units and redeemable equity | 199271 | 194392 | 195141 | 196016 | 196064 |
| **Equity** |  |  |  |  |  |
| SL Green stockholders' equity: |  |  |  |  |  |
| Series I Preferred Stock | 221932 | 221932 | 221932 | 221932 | 221932 |
| Common stock, $0.01 par value, 160,000 shares authorized, 71,159 |  |  |  |  |  |
| issued and outstanding at 12/31/2025 | 711 | 710 | 710 | 710 | 711 |
| Additional paid–in capital | 4212590 | 4205443 | 4198303 | 4156242 | 4159562 |
| Accumulated other comprehensive earnings (loss) | (22198) | (19784) | (16324) | (4842) | 18196 |
| Retained deficit | (741880) | (634653) | (613117) | (537585) | (449101) |
| Total SL Green Realty Corp. stockholders' equity | 3671155 | 3773648 | 3791504 | 3836457 | 3951300 |
| Noncontrolling interests in other partnerships | 241293 | 152584 | 88599 | 116970 | 118651 |
| **Total Equity** | **3912448** | **3926232** | **3880103** | **3953427** | **4069951** |
| **Total Liabilities and Equity** | $**11082607** | $**11144137** | $**11252329** | $**11410623** | $**10470099** |

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Supplemental Information 13 Fourth Quarter 2025

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| | |
|:---|:---|
| **COMPARATIVE STATEMENT OF OPERATIONS**<br>**Unaudited**<br>(Dollars in Thousands Except Per Share) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** | **September 30,** | **December 31,** | **December 31,** |
| | **<u>2025</u>** | **<u>2024</u>** | **<u>2025</u>** | **<u>2025</u>** | **<u>2024</u>** |
| **Revenues** |  |  |  |  |  |
| Rental revenue, net | $159816 | $139613 | $149672 | $601541 | $542995 |
| Escalation and reimbursement revenues | 23497 | 17317 | 18864 | 78564 | 63004 |
| SUMMIT Operator revenue | 35920 | 38571 | 32883 | 122344 | 133214 |
| Investment income | 2568 | 5415 | 4356 | 29377 | 24353 |
| Interest income from real estate loans held by consolidated securitization vehicles | 14866 | 14209 | 10838 | 62734 | 18980 |
| Other income | 39800 | 30754 | 28204 | 108486 | 103726 |
| **Total Revenues** | **276467** | **245879** | **244817** | **1003046** | **886272** |
| Gain on early extinguishment of debt |  | 25985 |  |  | 43762 |
| **Expenses** |  |  |  |  |  |
| Operating expenses <sup>(1)</sup> | 61259 | 50150 | 57673 | 226099 | 189598 |
| Real estate taxes | 42429 | 33692 | 37627 | 155023 | 128187 |
| Operating lease rent | 6106 | 5287 | 6106 | 24423 | 24423 |
| SUMMIT Operator expenses | 33794 | 28792 | 35959 | 116364 | 111739 |
| Loan loss and other investment reserves, net of recoveries |  |  |  | (71326) |  |
| Transaction related costs | 341 | 138 | 13129 | 13942 | 401 |
| Marketing, general and administrative | 22306 | 22827 | 23701 | 89310 | 85187 |
| **Total Operating Expenses** | **166235** | **140886** | **174195** | **553835** | **539535** |
| Equity in net income (loss) from unconsolidated joint ventures <sup>(2)</sup> | (12439) | (16562) | (9287) | (41551) | 83495 |
| (Loss) income from debt fund investments, net <sup>(3)</sup> | (3222) |  | 1176 | (1446) |  |
| **Operating Income** | **94571** | **114416** | **62511** | **406214** | **473994** |
| Interest expense, net of interest income | 49422 | 38153 | 47235 | 187656 | 147220 |
| Amortization of deferred financing costs | 1901 | 1734 | 1724 | 7054 | 6619 |
| SUMMIT Operator tax expense | 478 | 1949 | 1279 | 3259 | 730 |
| Interest expense on senior obligations of consolidated securitization vehicles | 14866 | 11304 | 10838 | 60693 | 14634 |
| Depreciation and amortization | 67839 | 53436 | 63216 | 255713 | 207443 |
| **(Loss) Income from Continuing Operations** <sup>(4)</sup> | **(39935)** | **7840** | **(61781)** | **(108161)** | **97348** |
| Gain on sale of marketable securities |  |  |  | 10232 |  |
| Equity in net gain on sale of interest in unconsolidated joint venture/real estate | 1142 | 189138 | 86872 | 86068 | 208144 |
| Purchase price and other fair value adjustments | (28143) | 125287 | 11138 | (36233) | 88966 |
| (Loss) gain on sale of real estate, net | (426) | (1705) | (1068) | (2143) | 3025 |
| Depreciable real estate reserves | (23546) | (38232) |  | (32092) | (104071) |
| Depreciable real estate reserves in unconsolidated joint venture | (12812) | (263190) |  | (14592) | (263190) |
| **Net (Loss) Income** | **(103720)** | **19138** | **35161** | **(96921)** | **30222** |
| Net loss (income) attributable to noncontrolling interests | 5062 | (3885) | (4395) | 8644 | 431 |
| Preferred units distributions | (2172) | (2158) | (2154) | (8633) | (8643) |
| **Net (Loss) Income attributable to SL Green** | **(100830)** | **13095** | **28612** | **(96910)** | **22010** |
| Perpetual preferred stock dividends | (3737) | (3737) | (3738) | (14950) | (14950) |
| **Net (Loss) Income attributable to SL Green common stockholders** | $**(104567)** | $**9358** | $**24874** | $**(111860)** | $**7060** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Basic (loss) earnings per share** | $(1.49) | $0.13 | $0.35 | $(1.61) | $0.08 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Diluted (loss) earnings per share** | $(1.49) | $0.13 | $0.34 | $(1.61) | $0.08 |
| (1) Includes property operating expenses and expenses of SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. | (1) Includes property operating expenses and expenses of SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. | (1) Includes property operating expenses and expenses of SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. | (1) Includes property operating expenses and expenses of SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. |  |  |
| (2) Excludes Depreciable real estate reserves in unconsolidated joint venture. | (2) Excludes Depreciable real estate reserves in unconsolidated joint venture. | (2) Excludes Depreciable real estate reserves in unconsolidated joint venture. | (2) Excludes Depreciable real estate reserves in unconsolidated joint venture. |  |  |
| (3) Includes interest income and realized/unrealized gains/losses from fund investments, net of expenses. Excludes fees recognized by the fund's manager, which are included in Other income. | (3) Includes interest income and realized/unrealized gains/losses from fund investments, net of expenses. Excludes fees recognized by the fund's manager, which are included in Other income. | (3) Includes interest income and realized/unrealized gains/losses from fund investments, net of expenses. Excludes fees recognized by the fund's manager, which are included in Other income. | (3) Includes interest income and realized/unrealized gains/losses from fund investments, net of expenses. Excludes fees recognized by the fund's manager, which are included in Other income. |  |  |
| (4) Before equity in net gain, purchase price and other fair value adjustments, (loss) gain on sale and depreciable real estate reserves, and gain on sale of marketable securities shown below. | (4) Before equity in net gain, purchase price and other fair value adjustments, (loss) gain on sale and depreciable real estate reserves, and gain on sale of marketable securities shown below. | (4) Before equity in net gain, purchase price and other fair value adjustments, (loss) gain on sale and depreciable real estate reserves, and gain on sale of marketable securities shown below. | (4) Before equity in net gain, purchase price and other fair value adjustments, (loss) gain on sale and depreciable real estate reserves, and gain on sale of marketable securities shown below. |  |  |

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Supplemental Information 14 Fourth Quarter 2025

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| | |
|:---|:---|
| **COMPARATIVE COMPUTATION OF FFO AND FAD**<br>**Unaudited**<br>(Dollars in Thousands Except Per Share) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** | **September 30,** | **December 31,** | **December 31,** |
| | **<u>2025</u>** | **<u>2024</u>** | **<u>2025</u>** | **<u>2025</u>** | **<u>2024</u>** |
| **Funds from Operations** |  |  |  |  |  |
| Net (Loss) Income attributable to SL Green common stockholders | $(104567) | $9358 | $24874 | $(111860) | $7060 |
| Depreciation and amortization | 67839 | 53436 | 63216 | 255713 | 207443 |
| Joint ventures depreciation and noncontrolling interests adjustments | 65677 | 69636 | 124984 | 312025 | 287671 |
| Net (loss) income attributable to noncontrolling interests | (5062) | 3885 | 4395 | (8644) | (431) |
| Equity in net gain on sale of interest in unconsolidated joint venture/real estate | (1142) | (189138) | (86872) | (86068) | (208144) |
| Purchase price and other fair value adjustments | 28226 | (117195) | (9652) | 33517 | (83430) |
| Loss (gain) on sale of real estate, net | 426 | 1705 | 1068 | 2143 | (3025) |
| Depreciable real estate reserves | 23546 | 38232 |  | 32092 | 104071 |
| Depreciable real estate reserves in unconsolidated joint venture | 12812 | 263190 |  | 14592 | 263190 |
| Depreciation on non-rental real estate assets | (1526) | (1226) | (1628) | (5838) | (4583) |
| **Funds From Operations** | $**86229** | $**131883** | $**120385** | $**437672** | $**569822** |
| **Funds From Operations - Basic per Share** | $**1.16** | $**1.87** | $**1.62** | $**5.88** | $**8.29** |
| **Funds From Operations - Diluted per Share** | $**1.13** | $**1.81** | $**1.58** | $**5.72** | $**8.11** |
| **Funds Available for Distribution** |  |  |  |  |  |
| FFO | $86229 | $131883 | $120385 | $437672 | $569822 |
| Non real estate depreciation and amortization | 1526 | 1226 | 1628 | 5838 | 4583 |
| Amortization of deferred financing costs | 1901 | 1734 | 1724 | 7054 | 6619 |
| Non-cash deferred compensation | 19394 | 15936 | 10927 | 51376 | 45562 |
| FAD adjustment for joint ventures | (21662) | (60733) | (27723) | (100568) | (101240) |
| Straight-line rental income and other non-cash adjustments | (2194) | 129 | 50 | 661 | 659 |
| Non-cash fair value adjustments on mark-to-market derivatives | (83) | (8092) | (369) | 3834 | (5537) |
| Second cycle tenant improvements | (32522) | (21826) | (21318) | (105434) | (72011) |
| Second cycle leasing commissions | (9926) | (8545) | (3835) | (26558) | (20115) |
| Recurring capital expenditures | (17971) | (11188) | (5980) | (36632) | (23509) |
| **Reported Funds Available for Distribution** | $**24692** | $**40524** | $**75489** | $**237243** | $**404833** |
| First cycle tenant improvements | $1663 | $285 | $467 | $2952 | $2313 |
| First cycle leasing commissions | $1591 | $2686 | $552 | $3077 | $2737 |
| Development costs | $10281 | $9904 | $6631 | $36380 | $49765 |
| Redevelopment costs | $4822 | $2800 | $8475 | $21130 | $8489 |
| Capitalized interest | $8244 | $8922 | $6842 | 28192 | $50148 |

---

Supplemental Information 15 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **CONSOLIDATED STATEMENT OF EQUITY**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| |<br>**Series I**<br>**Preferred**<br>**Stock** |<br>**Common**<br>**Stock** |<br>**Additional**<br>**Paid-In Capital** |<br>**Treasury**<br>**Stock** |<br>**Retained**<br>**Deficit** |<br>**Noncontrolling**<br>**Interests** | **Accumulated**<br>**Other**<br>**Comprehensive**<br>**Loss** |<br><br>**Total** |
| **Balance at December 31, 2024** | $**221932** | $**711** | $**4159562** | $**—** | $**(449101)** | $**118651** | $**18196** | $**4069951** |
| Net loss |  |  |  |  | (96910) | (971) |  | **(97881)** |
| Acquisition of subsidiary interest from noncontrolling interest |  |  | 36023 |  |  | (51654) |  | **(15631)** |
| Other comprehensive loss - net unrealized loss on derivative instruments |  |  |  |  |  |  | (30266) | **(30266)** |
| Other comprehensive loss - SLG share of unconsolidated joint venture net unrealized loss on derivative instruments |  |  |  |  |  |  | (10716) | **(10716)** |
| Other comprehensive income - net unrealized gain on marketable securities |  |  |  |  |  |  | 588 | **588** |
| Perpetual preferred stock dividends |  |  |  |  | (14950) |  |  | **(14950)** |
| DRSPP proceeds |  |  | 251 |  |  |  |  | **251** |
| Measurement adjustment for redeemable noncontrolling interest |  |  |  |  | 18863 |  |  | **18863** |
| Deferred compensation plan and stock awards, net of forfeitures and tax withholdings |  |  | 17848 |  |  | 698 |  | **18546** |
| Proceeds from issuance of common stock |  |  | (1094) |  |  |  |  | **(1094)** |
| Repurchases of common stock |  |  |  |  |  |  |  | **—** |
| Contributions to consolidated joint venture interests |  |  |  |  |  | 4757 |  | **4757** |
| Contributions to debt fund investments |  |  |  |  |  | 194292 |  | **194292** |
| Cash distributions to noncontrolling interests |  |  |  |  |  | (3126) |  | **(3126)** |
| Distributions from debt fund investments |  |  |  |  |  | (21354) |  | **(21354)** |
| Cash distributions ($3.09 per common share, none of which represented a return of capital for federal income tax purposes) |  |  |  |  | (199782) |  |  | **(199782)** |
| **Balance at December 31, 2025** | $**221932** | $**711** | $**4212590** | $**—** | $**(741880)** | $**241293** | $**(22198)** | $**3912448** |
| **RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION** | **RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION** | **RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION** | **RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION** | **RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION** | **RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION** | **RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION** |  |  |
|  | **Common Stock** | **OP Units** | **Stock-Based Compensation** | **Contingently Issuable Shares** | **Diluted Shares** |  |  |  |
| **Share Count at December 31, 2024** | **71096743** | **4509953** | **—** | **—** | **75606696** |  |  |  |
| YTD share activity | 61787 | 367938 |  |  | 429725 |  |  |  |
| **Share Count at December 31, 2025** | **71158530** | **4877891** | **—** | **—** | **76036421** |  |  |  |
| **Weighted Average Share Count at December 31, 2025 - Basic** | **70442667** | **3964205** | **—** | **—** | **74406872** |  |  |  |
| Dilution |  |  | 1486002 | 574560 | 2060562 |  |  |  |
| **Weighted Average Share Count at December 31, 2025 - Diluted** | **70442667** | **3964205** | **1486002** | **574560** | **76467434** |  |  |  |

---

Supplemental Information 16 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **JOINT VENTURE STATEMENTS**<br>**Balance Sheet for Unconsolidated Joint Ventures**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **As of** | **As of** | **As of** | **As of** | **As of** | **As of** |
| | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **June 30, 2025** | **June 30, 2025** |
| | **<u>Total</u>** | **<u>SLG Share</u>** | **<u>Total</u>** | **<u>SLG Share</u>** | **<u>Total</u>** | **<u>SLG Share</u>** |
|<br><br>**Assets** | | | | | | |
| Commercial real estate properties, at cost: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Land and land interests | $4302573 | $2057636 | $4137556 | $1978678 | $4137556 | $2006502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Building and improvements | 13507121 | 6373604 | 13535671 | 6423255 | 13448889 | 6515711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Building leasehold and improvements | 283579 | 189850 | 281413 | 187793 | 279168 | 185660 |
|  | 18093273 | 8621090 | 17954640 | 8589726 | 17865613 | 8707873 |
| Less: accumulated depreciation | (2659031) | (1355798) | (2702777) | (1394565) | (2608565) | (1363418) |
| Net real estate | 15434242 | 7265292 | 15251863 | 7195161 | 15257048 | 7344455 |
| Other real estate investments: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Debt and preferred equity investments, net | 247964 | 12400 | 239441 | 119718 | 231514 | 210509 |
| Cash and cash equivalents | 295847 | 124021 | 246097 | 94571 | 267706 | 111927 |
| Restricted cash | 351566 | 182893 | 355651 | 185257 | 301336 | 161109 |
| Tenant and other receivables | 58588 | 36256 | 39889 | 26184 | 32304 | 19556 |
| Deferred rents receivable | 712535 | 356519 | 695615 | 351082 | 670118 | 351307 |
| Deferred costs, net | 402783 | 193650 | 394218 | 191250 | 381669 | 192193 |
| Right-of-use assets - financing leases | 741693 | 518403 | 744203 | 520033 | 723370 | 510202 |
| Right-of-use assets - operating leases | 82395 | 43436 | 83979 | 44378 | 184213 | 94644 |
| Other assets | 1282576 | 594434 | 1217177 | 561239 | 1257290 | 583482 |
| **Total Assets** | $**19610189** | $**9327304** | $**19268133** | $**9288873** | $**19306568** | $**9579384** |
| **Liabilities and Equity** |  |  |  |  |  |  |
| Mortgage and other loans payable, net of deferred financing costs of <br>$100,882 at 12/31/2025, of which $50,476 is SLG share | $12378150 | $5846722 | $12145070 | $5753383 | $12318975 | $5999785 |
| Accrued interest payable | 62978 | 24356 | 57281 | 22642 | 79380 | 35216 |
| Accounts payable and accrued expenses | 283909 | 157467 | 246095 | 131572 | 227238 | 125167 |
| Deferred revenue | 852035 | 383414 | 879137 | 398071 | 897575 | 404613 |
| Lease liability - financing leases | 812881 | 555399 | 813101 | 556224 | 789989 | 545622 |
| Lease liability - operating leases | 96107 | 49233 | 97060 | 49779 | 211493 | 107066 |
| Security deposits | 48190 | 20383 | 45429 | 19903 | 42441 | 18995 |
| Other liabilities | 89722 | 45366 | 85956 | 44399 | 73527 | 39974 |
| Equity | 4986217 | 2244964 | 4899004 | 2312900 | 4665950 | 2302946 |
| **Total Liabilities and Equity** | $**19610189** | $**9327304** | $**19268133** | $**9288873** | $**19306568** | $**9579384** |

---

Supplemental Information 17 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **JOINT VENTURE STATEMENTS**<br>**Statement of Operations for Unconsolidated Joint Ventures**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2024** | **December 31, 2024** | **September 30, 2025** | **September 30, 2025** |
| | **<u>Total</u>** | **<u>SLG Share</u>** | **<u>Total</u>** | **<u>SLG Share</u>** | **<u>Total</u>** | **<u>SLG Share</u>** |
|<br><br>**Revenues** | | | | | | |
| Rental revenue, net | $313352 | $159254 | $304267 | $157190 | $324877 | $167923 |
| Escalation and reimbursement revenues | 66475 | 34908 | 64234 | 35069 | 61497 | 33662 |
| Investment income | 8523 | 426 | 5865 | 5048 | 7927 | 3963 |
| Other income | 13581 | 6501 | 2798 | 1051 | 11335 | 5267 |
| **Total Revenues** | **401931** | **201089** | **377164** | **198358** | **405636** | **210815** |
| Gain on early extinguishment of debt |  |  |  |  | 129068 | 57187 |
| **Expenses** |  |  |  |  |  |  |
| Operating expenses | 68389 | 34697 | 66971 | 34568 | 72142 | 37755 |
| Real estate taxes | 74624 | 37957 | 74723 | 37826 | 71117 | 37794 |
| Operating lease rent | 2995 | 1656 | 7217 | 1793 | (3065) | 1655 |
| Loan loss and other investment reserves, net of recoveries |  |  |  |  |  |  |
| Transaction related costs |  |  |  |  |  |  |
| **Total Operating Expenses** | **146008** | **74310** | **148911** | **74187** | **140194** | **77204** |
| **Operating Income** | **255923** | **126779** | **228253** | **124171** | **394510** | **190798** |
| Interest expense, net of interest income | 137444 | 68827 | 140031 | 67099 | 111539 | 67628 |
| Amortization of deferred financing costs | 11365 | 5882 | 6571 | 3459 | 6693 | 3558 |
| Depreciation and amortization | 126599 | 64654 | 130961 | 67046 | 128565 | 66616 |
| **Net (Loss) Income** | **(19485)** | **(12584)** | **(49310)** | **(13433)** | **147713** | **52996** |
| Real estate depreciation | 126597 | 64654 | 130959 | 67046 | 128564 | 66615 |
| **FFO Contribution** | $**107112** | $**52070** | $**81649** | $**53613** | $**276277** | $**119611** |
| **FAD Adjustments:** |  |  |  |  |  |  |
| Non real estate depreciation and amortization | $2 | $— | $2 | $— | $1 | $1 |
| Amortization of deferred financing costs | 11365 | 5882 | 6571 | 3459 | 6693 | 3558 |
| Straight-line rental income and other non-cash adjustments | (39619) | (14675) | (41700) | (21369) | (42118) | (20609) |
| Second cycle tenant improvements | (9618) | (4933) | (27204) | (13939) | (7420) | (3795) |
| Second cycle leasing commissions | (6293) | (3173) | (46837) | (23832) | (9281) | (4943) |
| Recurring capital expenditures | (5618) | (4763) | (10159) | (5052) | (3480) | (1935) |
| Total FAD Adjustments | $**(49781)** | $**(21662)** | $**(119327)** | $**(60733)** | $**(55605)** | $**(27723)** |
| First cycle tenant improvements | $14177 | $6896 | $2215 | $911 | $18111 | $9038 |
| First cycle leasing commissions | $9596 | $4763 | $6881 | $3446 | $5278 | $2270 |
| Development costs | $15221 | $3985 | $112422 | $30121 | $28630 | $7841 |
| Redevelopment costs | $29843 | $14802 | $29541 | $14151 | $17953 | $8858 |
| Capitalized interest | $16079 | $7212 | $36726 | $15407 | $18773 | $9031 |

---

Supplemental Information 18 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **JOINT VENTURE STATEMENTS**<br>**Statement of Operations for Unconsolidated Joint Ventures**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2024** | **December 31, 2024** |
| | **<u>Total</u>** | **<u>SLG Share</u>** | **<u>Total</u>** | **<u>SLG Share</u>** |
|<br><br>**Revenues** | | | | |
| Rental revenue, net | $1247728 | $638702 | $1215934 | $635019 |
| Escalation and reimbursement revenues | 249587 | 134389 | 242451 | 136302 |
| Investment income | 27422 | 14366 | 12693 | 11513 |
| Other income | 36932 | 17781 | 13381 | 7212 |
| **Total Revenues** | **1561669** | **805238** | **1484459** | **790046** |
| Gain on early extinguishment of debt | 129068 | 57187 | 233704 | 172369 |
| **Expenses** |  |  |  |  |
| Operating expenses | 271743 | 139959 | 259558 | 135821 |
| Real estate taxes | 288903 | 149285 | 297520 | 152437 |
| Operating lease rent | 12453 | 6623 | 33207 | 7808 |
| Loan loss and other investment reserves, net of recoveries | 15980 | 14531 |  |  |
| Transaction related costs |  |  |  |  |
| **Total Operating Expenses** | **589079** | **310398** | **590285** | **296066** |
| **Operating Income** | **1101658** | **552027** | **1127878** | **666349** |
| Interest expense, net of interest income | 508215 | 263710 | 573148 | 276852 |
| Amortization of deferred financing costs | 29955 | 15738 | 21289 | 11334 |
| Depreciation and amortization | 502004 | 259498 | 538390 | 275098 |
| **Net Income (Loss)** | **61484** | **13081** | **(4949)** | **103065** |
| Real estate depreciation | 501999 | 259496 | 538378 | 275091 |
| **FFO Contribution** | $**563483** | $**272577** | $**533429** | $**378156** |
| **FAD Adjustments:** |  |  |  |  |
| Non real estate depreciation and amortization | $5 | $2 | $12 | $7 |
| Amortization of deferred financing costs | 29955 | 15738 | 21289 | 11334 |
| Straight-line rental income and other non-cash adjustments | (175976) | (82543) | (90148) | (53676) |
| Second cycle tenant improvements | (29444) | (15118) | (43768) | (22899) |
| Second cycle leasing commissions | (20799) | (11121) | (58661) | (30008) |
| Recurring capital expenditures | (9754) | (7526) | (12421) | (5998) |
| Total FAD Adjustments | $**(206013)** | $**(100568)** | $**(183697)** | $**(101240)** |
| First cycle tenant improvements | $42737 | $21026 | $12388 | $4302 |
| First cycle leasing commissions | $16398 | $7476 | $45896 | $22347 |
| Development costs | $78091 | $22025 | $229299 | $65805 |
| Redevelopment costs | $82678 | $40549 | $68142 | $28449 |
| Capitalized interest | $77039 | $35503 | $156533 | $58675 |

---

Supplemental Information 19 Fourth Quarter 2025

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---

| | |
|:---|:---|
| **SELECTED FINANCIAL DATA**<br>**Net Operating Income**<sup>(1)</sup><br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** | **September 30,** | **December 31,** | **December 31,** |
| | **<u>2025</u>** | **<u>2024</u>** | **<u>2025</u>** | **<u>2025</u>** | **<u>2024</u>** |
| Net Operating Income <sup>(1)</sup> | $88299 | $91459 | $80784 | $320732 | $325927 |
| SLG share of NOI from unconsolidated JVs | 119635 | 117761 | 129798 | 482794 | 471403 |
| **NOI, including SLG share of unconsolidated JVs** | **207934** | **209220** | **210582** | **803526** | **797330** |
| Partners' share of NOI - consolidated JVs | (32) | (2112) | (47) | (1741) | (6279) |
| **NOI - SLG share** | $**207902** | $**207108** | $**210535** | $**801785** | $**791051** |
| **NOI, including SLG share of unconsolidated JVs** | $207934 | $209220 | $210582 | $803526 | $797330 |
| Free rent (net of amortization) | (7856) | (4687) | (3660) | (24884) | (7653) |
| Straight-line revenue adjustment | (7775) | (8677) | (10499) | (37436) | (25883) |
| Amortization of acquired above and below-market leases, net | (5820) | (6220) | (5783) | (22717) | (22707) |
| Operating lease straight-line adjustment | 605 | (374) | 597 | 2271 | 2328 |
| Straight-line tenant credit loss | 272 | (1004) | 36 | (185) | 5628 |
| **Cash NOI, including SLG share of unconsolidated JVs** | **187360** | **188258** | **191273** | **720575** | **749043** |
| Partners' share of cash NOI - consolidated JVs | (43) | (2120) | 6 | (1249) | (6782) |
| **Cash NOI - SLG share** | $**187317** | $**186138** | $**191279** | $**719326** | $**742261** |
| (1) Includes SL Green Management Corp. and Emerge 212. Excludes lease termination income. | (1) Includes SL Green Management Corp. and Emerge 212. Excludes lease termination income. | (1) Includes SL Green Management Corp. and Emerge 212. Excludes lease termination income. | (1) Includes SL Green Management Corp. and Emerge 212. Excludes lease termination income. | (1) Includes SL Green Management Corp. and Emerge 212. Excludes lease termination income. | (1) Includes SL Green Management Corp. and Emerge 212. Excludes lease termination income. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **NOI Summary by Portfolio** <sup>(1)</sup> **- SLG Share** | **NOI Summary by Portfolio** <sup>(1)</sup> **- SLG Share** | **NOI Summary by Portfolio** <sup>(1)</sup> **- SLG Share** | **NOI Summary by Portfolio** <sup>(1)</sup> **- SLG Share** | **NOI Summary by Portfolio** <sup>(1)</sup> **- SLG Share** |
| | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| | **<u>NOI</u>** | **<u>Cash NOI</u>** | **<u>NOI</u>** | **<u>Cash NOI</u>** |
| Manhattan Office | $176880 | $156970 | $694263 | $617074 |
| Development / Redevelopment | 1111 | 1458 | 3551 | 6347 |
| High Street Retail | 5488 | 5118 | 21998 | 18640 |
| Suburban | 1358 | 1447 | 6009 | 6291 |
| Residential | 4322 | 4045 | 13337 | 12183 |
| **Total Operating and Development** | **189159** | **169038** | **739158** | **660535** |
| Alternative Strategy Portfolio | 12039 | 11348 | 51260 | 46516 |
| Property Dispositions <sup>(2)</sup> | 1 | 1 | 533 | 533 |
| Other <sup>(3)</sup> | 6703 | 6930 | 10834 | 11742 |
| **Total** | $**207902** | $**187317** | $**801785** | $**719326** |
| (1) Portfolio composition consistent with the Selected Property Data tables. | (1) Portfolio composition consistent with the Selected Property Data tables. | (1) Portfolio composition consistent with the Selected Property Data tables. | (1) Portfolio composition consistent with the Selected Property Data tables. | (1) Portfolio composition consistent with the Selected Property Data tables. |
| (2) Includes properties sold or otherwise disposed of during the respective period. | (2) Includes properties sold or otherwise disposed of during the respective period. | (2) Includes properties sold or otherwise disposed of during the respective period. | (2) Includes properties sold or otherwise disposed of during the respective period. | (2) Includes properties sold or otherwise disposed of during the respective period. |
| (3) Includes SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. | (3) Includes SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. | (3) Includes SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. | (3) Includes SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. | (3) Includes SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company. |

---

Supplemental Information 20 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **SELECTED FINANCIAL DATA**<br>**Same Store Net Operating Income - Wholly Owned and Consolidated JVs**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | |
| | **December 31,** | **December 31,** | | **September 30,** | **December 31,** | **December 31,** | |
| | **<u>2025</u>** | **<u>2024</u>** | **<u>%</u>** | **<u>2025</u>** | **<u>2025</u>** | **<u>2024</u>** | **<u>%</u>** |
| **Revenues** |  |  |  |  |  |  |  |
| Rental revenue, net | $136021 | $141561 |  | $137907 | $550317 | $557422 |  |
| Escalation & reimbursement revenues | 20468 | 17599 |  | 17640 | 72274 | 65781 |  |
| Other income | 1385 | 3276 |  | 620 | 7505 | 7976 |  |
| **Total Revenues** | $**157874** | $**162436** |  | $**156167** | $**630096** | $**631179** |  |
| **Expenses** |  |  |  |  |  |  |  |
| Operating expenses | $45226 | $43293 |  | $45556 | $175104 | $165466 |  |
| Real estate taxes | 35284 | 35234 |  | 33735 | 138803 | 135572 |  |
| Operating lease rent | 6106 | 6106 |  | 6106 | 24423 | 24423 |  |
| **Total Operating Expenses** | $**86616** | $**84633** |  | $**85397** | $**338330** | $**325461** |  |
| **Operating Income** | $**71258** | $**77803** |  | $**70770** | $**291766** | $**305718** |  |
| Interest expense & amortization of financing costs | $25242 | $27147 |  | $25212 | $99276 | $98978 |  |
| Depreciation & amortization | 51800 | 52940 |  | 52830 | 210478 | 203029 |  |
| (Loss) income before noncontrolling interest | $(5784) | $(2284) |  | $(7272) | $(17988) | $3711 |  |
| Real estate depreciation & amortization | 51800 | 52940 |  | 52830 | 210478 | 203029 |  |
| **FFO Contribution** | $**46016** | $**50656** |  | $**45558** | $**192490** | $**206740** |  |
| Non–building revenue | (656) | (500) |  | (296) | (1773) | (1514) |  |
| Interest expense & amortization of financing costs | 25242 | 27147 |  | 25212 | 99276 | 98978 |  |
| Non-real estate depreciation |  |  |  |  |  |  |  |
| **NOI** | $**70602** | $**77303** | **(8.7)%** | $**70474** | $**289993** | $**304204** | **(4.7)%** |
| **Cash Adjustments** |  |  |  |  |  |  |  |
| Free rent (net of amortization) | $(4087) | $(1469) |  | $(1114) | $(7297) | $(11138) |  |
| Straight-line revenue adjustment | 2158 | 2471 |  | 2069 | 10508 | 7654 |  |
| Amortization of acquired above and below-market leases, net | 1021 | 830 |  | 864 | 3516 | 2578 |  |
| Operating lease straight-line adjustment | 204 | 204 |  | 204 | 815 | 815 |  |
| Straight-line tenant credit loss | 272 | (1405) |  | 3 | (1778) | 684 |  |
| **Cash NOI** | $**70170** | $**77934** | **(10.0)%** | $**72500** | $**295757** | $**304797** | **(3.0)%** |
| Lease termination income | (704) | (2743) |  | (290) | (5629) | (6344) |  |
| **Cash NOI excluding lease termination income** | $**69466** | $**75191** | **(7.6)%** | $**72210** | $**290128** | $**298453** | **(2.8)%** |
| **Operating Margins** |  |  |  |  |  |  |  |
| NOI to real estate revenue, net | 44.9% | 47.7% |  | 45.2% | 46.2% | 48.3% |  |
| Cash NOI to real estate revenue, net | 44.6% | 48.1% |  | 46.5% | 47.1% | 48.4% |  |
| NOI before operating lease rent/real estate revenue, net | 48.8% | 51.5% |  | 49.1% | 50.0% | 52.2% |  |
| Cash NOI before operating lease rent/real estate revenue, net | 48.4% | 51.8% |  | 50.3% | 50.8% | 52.2% |  |

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Supplemental Information 21 Fourth Quarter 2025

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| | |
|:---|:---|
| **SELECTED FINANCIAL DATA**<br>**Same Store Net Operating Income - Unconsolidated JVs**<br>**Unaudited**<br>(Dollars in Thousands, SLG Share) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | |
| | **December 31,** | **December 31,** | | **September 30,** | **December 31,** | **December 31,** | |
| | **<u>2025</u>** | **<u>2024</u>** | **<u>%</u>** | **<u>2025</u>** | **<u>2025</u>** | **<u>2024</u>** | **<u>%</u>** |
| **Revenues** |  |  |  |  |  |  |  |
| Rental revenue, net | $132845 | $126989 |  | $135203 | $520397 | $497656 |  |
| Escalation & reimbursement revenues | 33146 | 31558 |  | 30367 | 122791 | 115960 |  |
| Other income | 2680 | 317 |  | 3574 | 9042 | 3657 |  |
| **Total Revenues** | $**168671** | $**158864** |  | $**169144** | $**652230** | $**617273** |  |
| **Expenses** |  |  |  |  |  |  |  |
| Operating expenses | $32193 | $29786 |  | $31952 | $123760 | $114169 |  |
| Real estate taxes | 34558 | 33659 |  | 33983 | 134995 | 130783 |  |
| Operating lease rent | 108 | 108 |  | 108 | 433 | 433 |  |
| **Total Operating Expenses** | $**66859** | $**63553** |  | $**66043** | $**259188** | $**245385** |  |
| **Operating Income** | $**101812** | $**95311** |  | $**103101** | $**393042** | $**371888** |  |
| Interest expense & amortization of financing costs | $64110 | $57589 |  | $60107 | $238226 | $234630 |  |
| Depreciation & amortization | 54757 | 54072 |  | 56105 | 220200 | 220057 |  |
| Loss before noncontrolling interest | $(17055) | $(16350) |  | $(13111) | $(65384) | $(82799) |  |
| Real estate depreciation & amortization | 54756 | 54072 |  | 56105 | 220198 | 220051 |  |
| **FFO Contribution** | $**37701** | $**37722** |  | $**42994** | $**154814** | $**137252** |  |
| Non–building revenue | (544) | (312) |  | (384) | (1478) | (1130) |  |
| Interest expense & amortization of financing costs | 64110 | 57589 |  | 60107 | 238226 | 234630 |  |
| Non-real estate depreciation | 1 |  |  |  | 2 | 6 |  |
| **NOI** | $**101268** | $**94999** | **6.6%** | $**102717** | $**391564** | $**370758** | **5.6%** |
| **Cash Adjustments** |  |  |  |  |  |  |  |
| Free rent (net of amortization) | $(1261) | $1368 |  | $2368 | $6230 | $5897 |  |
| Straight-line revenue adjustment | (8395) | (7251) |  | (10287) | (38353) | (18663) |  |
| Amortization of acquired above and below-market leases, net | (6328) | (6393) |  | (6268) | (24826) | (24405) |  |
| Operating lease straight-line adjustment |  |  |  |  |  |  |  |
| Straight-line tenant credit loss |  |  |  |  | (396) | 3 |  |
| **Cash NOI** | $**85284** | $**82723** | **3.1%** | $**88530** | $**334219** | $**333590** | **0.2%** |
| Lease termination income | (2184) |  |  | (3189) | (7602) | (2515) |  |
| **Cash NOI excluding lease termination income** | $**83100** | $**82723** | **0.5%** | $**85341** | $**326617** | $**331075** | **(1.3)%** |
| **Operating Margins** |  |  |  |  |  |  |  |
| NOI to real estate revenue, net | 60.2% | 59.9% |  | 60.9% | 60.2% | 60.2% |  |
| Cash NOI to real estate revenue, net | 50.7% | 52.2% |  | 52.5% | 51.4% | 54.1% |  |
| NOI before operating lease rent/real estate revenue, net | 60.3% | 60.0% |  | 60.9% | 60.2% | 60.2% |  |
| Cash NOI before operating lease rent/real estate revenue, net | 50.8% | 52.2% |  | 52.5% | 51.4% | 54.2% |  |

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Supplemental Information 22 Fourth Quarter 2025

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| | |
|:---|:---|
| **SELECTED FINANCIAL DATA**<br>**Same Store Net Operating Income**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | |
| | **December 31,** | **December 31,** | | **September 30,** | **December 31,** | **December 31,** | |
| | **<u>2025</u>** | **<u>2024</u>** | **<u>%</u>** | **<u>2025</u>** | **<u>2025</u>** | **<u>2024</u>** | **<u>%</u>** |
| **Revenues** |  |  |  |  |  |  |  |
| Rental revenue, net | $136021 | $141561 |  | $137907 | $550317 | $557422 |  |
| Escalation & reimbursement revenues | 20468 | 17599 |  | 17640 | 72274 | 65781 |  |
| Other income | 1385 | 3276 |  | 620 | 7505 | 7976 |  |
| **Total Revenues** | $**157874** | $**162436** |  | $**156167** | $**630096** | $**631179** |  |
| Equity in net income (loss) from unconsolidated joint ventures <sup>(1)</sup> | $(17055) | $(16350) |  | $(13111) | $(65384) | $(82799) |  |
| **Expenses** |  |  |  |  |  |  |  |
| Operating expenses | $45226 | $43293 |  | $45556 | $175104 | $165466 |  |
| Real estate taxes | 35284 | 35234 |  | 33735 | 138803 | 135572 |  |
| Operating lease rent | 6106 | 6106 |  | 6106 | 24423 | 24423 |  |
| **Total Operating Expenses** | $**86616** | $**84633** |  | $**85397** | $**338330** | $**325461** |  |
| **Operating Income** | $**54203** | $**61453** |  | $**57659** | $**226382** | $**222919** |  |
| Interest expense & amortization of financing costs | $25242 | $27147 |  | $25212 | $99276 | $98978 |  |
| Depreciation & amortization | 51800 | 52940 |  | 52830 | 210478 | 203029 |  |
| Loss before noncontrolling interest | $(22839) | $(18634) |  | $(20383) | $(83372) | $(79088) |  |
| Real estate depreciation & amortization | 51800 | 52940 |  | 52830 | 210478 | 203029 |  |
| Joint Ventures Real estate depreciation & amortization <sup>(1)</sup> | 54756 | 54072 |  | 56105 | 220198 | 220051 |  |
| **FFO Contribution** | $**83717** | $**88378** |  | $**88552** | $**347304** | $**343992** |  |
| Non–building revenue | (656) | (500) |  | (296) | (1773) | (1514) |  |
| Joint Ventures Non–building revenue <sup>(1)</sup> | (544) | (312) |  | (384) | (1478) | (1130) |  |
| Interest expense & amortization of financing costs | 25242 | 27147 |  | 25212 | 99276 | 98978 |  |
| Joint Ventures Interest expense & amortization of financing costs <sup>(1)</sup> | 64110 | 57589 |  | 60107 | 238226 | 234630 |  |
| Non-real estate depreciation |  |  |  |  |  |  |  |
| Joint Ventures Non-real estate depreciation <sup>(1)</sup> | 1 |  |  |  | 2 | 6 |  |
| **NOI** | $**171870** | $**172302** | **(0.3)%** | $**173191** | $**681557** | $**674962** | **1.0%** |
| **Cash Adjustments** |  |  |  |  |  |  |  |
| Non-cash adjustments | $(432) | $631 |  | $2026 | $5764 | $593 |  |
| Joint Ventures non-cash adjustments <sup>(1)</sup> | (15984) | (12276) |  | (14187) | (57345) | (37168) |  |
| **Cash NOI** | $**155454** | $**160657** | **(3.2)%** | $**161030** | $**629976** | $**638387** | **(1.3)%** |
| Lease termination income | $(704) | $(2743) |  | $(290) | $(5629) | $(6344) |  |
| Joint Ventures lease termination income <sup>(1)</sup> | (2184) |  |  | (3189) | (7602) | (2515) |  |
| **Cash NOI excluding lease termination income** | $**152566** | $**157914** | **(3.4)%** | $**157551** | $**616745** | $**629528** | **(2.0)%** |
| **Operating Margins** |  |  |  |  |  |  |  |
| NOI to real estate revenue, net | 52.8% | 53.8% |  | 53.4% | 53.3% | 54.2% |  |
| Cash NOI to real estate revenue, net | 47.8% | 50.1% |  | 49.6% | 49.3% | 51.2% |  |
| NOI before operating lease rent/real estate revenue, net | 54.7% | 55.7% |  | 55.3% | 55.2% | 56.2% |  |
| Cash NOI before operating lease rent/real estate revenue, net | 49.6% | 52.0% |  | 51.5% | 51.1% | 53.2% |  |
| (1) The amount represents the Company's share of same-store unconsolidated joint venture activity. The Company does not control investments in unconsolidated joint ventures. | (1) The amount represents the Company's share of same-store unconsolidated joint venture activity. The Company does not control investments in unconsolidated joint ventures. | (1) The amount represents the Company's share of same-store unconsolidated joint venture activity. The Company does not control investments in unconsolidated joint ventures. | (1) The amount represents the Company's share of same-store unconsolidated joint venture activity. The Company does not control investments in unconsolidated joint ventures. | (1) The amount represents the Company's share of same-store unconsolidated joint venture activity. The Company does not control investments in unconsolidated joint ventures. | (1) The amount represents the Company's share of same-store unconsolidated joint venture activity. The Company does not control investments in unconsolidated joint ventures. |  |  |

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Supplemental Information 23 Fourth Quarter 2025

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| | |
|:---|:---|
| **DEBT SUMMARY SCHEDULE**<br>**Consolidated**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Principal** | | | | **2026** | **Current** | **Final** | | **Principal** |
| | **Ownership** | **Outstanding** | | | | **Principal** | **Maturity** | **Maturity** | | **Due at** |
| **Fixed rate debt** | **Interest (%)** | **12/31/2025** | **Coupon (1)** | **Coupon (1)** |  | **Amortization** | **Date** | &nbsp;&nbsp;**Date (2)** |  | **Final Maturity** |
| **Secured fixed rate debt** |  |  |  |  |  |  |  |  |  |  |
| 10 East 53rd Street (swapped) | 100.0 | 204550 |  | 5.37% |  | $| May-26 | May-28 | (3) | 204550 |
| 185 Broadway / 7 Dey Street | 100.0 | 190149 |  | 6.35% |  |  | Nov-26 | Nov-26 |  | 190149 |
| 100 Church Street (swapped) | 100.0 | 365000 |  | 5.89% |  |  | Dec-26 | Jun-28 |  | 365000 |
| Landmark Square | 100.0 | 100000 |  | 4.90% |  |  | Jan-27 | Jan-27 |  | 100000 |
| 485 Lexington Avenue | 100.0 | 450000 |  | 4.25% |  |  | Feb-27 | Feb-27 |  | 450000 |
| 315 W 33rd St (The Olivia) (4) | 100.0 | 250000 |  | 4.24% |  |  | Feb-27 | Feb-27 |  | 250000 |
| 500 Park Avenue (swapped) | 100.0 | 80000 |  | 6.57% |  |  | Jan-28 | Jan-30 |  | 80000 |
| 800 Third Avenue (swapped) | 100.0 | 177000 |  | 3.37% |  |  | Feb-29 | Feb-31 |  | 177000 |
| 420 Lexington Avenue | 100.0 | 258523 |  | 8.24% |  |  | Oct-40 | Oct-40 |  | 258523 |
|  |  | **2075222** |  | **5.38%** |  | **$** |  |  |  | **2075222** |
| **Unsecured fixed rate debt** |  |  |  |  |  |  |  |  |  |  |
| Term Loan B (swapped) |  | 100000 |  | 4.56% |  | $| May-26 | Nov-26 | (3) | 100000 |
| Revolving credit facility (swapped) |  | 353228 |  | 4.97% | (5) |  | May-26 | May-27 | (3) | 353228 |
| Term Loan A (swapped) |  | 1050000 |  | 4.54% |  |  | May-27 | May-27 |  | 1050000 |
| Junior subordinated deferrable interest debentures (swapped) |  | 100000 |  | 5.27% |  |  | Jul-35 | Jul-35 |  | 100000 |
|  |  | **1603228** |  | **4.68%** |  | **$** |  |  |  | **1603228** |
| **Total Fixed Rate Debt** | **Total Fixed Rate Debt** | **3678450** |  | **5.08%** |  | **$** |  |  |  | **3678450** |
| **Floating rate debt** |  |  |  |  |  |  |  |  |  |  |
| **Unsecured floating rate debt** |  |  |  |  |  |  |  |  |  |  |
| Revolving credit facility (SOFR + 149 bps) | 100.0 | 286772 |  | 5.18% |  |  | May-26 | May-27 | (3) | 286772 |
| Debt fund subscription line (SOFR + 220 bps) | 100.0 | 79277 | (6) | 6.07% |  |  | Aug-27 | Aug-28 |  | 79277 |
|  |  | **366049** |  | **5.37%** |  | **$** |  |  |  | **366049** |
| **Total Floating Rate Debt** | **Total Floating Rate Debt** | **366049** |  | **5.37%** |  | **$** |  |  |  | **366049** |
| **Consolidated Debt** | **Consolidated Debt** | **4044499** |  | **5.10%** |  |  |  |  |  |  |
| **Total Debt - Consolidated** | **Total Debt - Consolidated** | **4044499** |  | **5.10%** |  | **$** |  |  |  | **4044499** |
| Deferred financing costs | Deferred financing costs | (13063) |  |  |  |  |  |  |  |  |
| **Total Debt - Consolidated, net** | **Total Debt - Consolidated, net** | **4031436** |  | **5.10%** |  |  |  |  |  |  |
| **Total Debt - Unconsolidated JV, net** | **Total Debt - Unconsolidated JV, net** | **5846722** |  | **4.66%** |  |  |  |  |  |  |
| **Debt including SLG share of JV Debt** | **Debt including SLG share of JV Debt** | **9463266** |  | **4.85%** |  |  |  |  |  |  |
| **Alternative Strategy Portfolio Debt including SLG share of JV Debt** | **Alternative Strategy Portfolio Debt including SLG share of JV Debt** | **478431** |  | **4.66%** |  |  |  |  |  |  |
| **Total Debt including SLG share of JV Debt** | **Total Debt including SLG share of JV Debt** | **9941697** |  | **4.84%** |  |  |  |  |  |  |
| **Weighted Average Balance & Interest Rate for the quarter, including SLG share of JV Debt** | **Weighted Average Balance & Interest Rate for the quarter, including SLG share of JV Debt** | **10042411** |  | **4.85%** |  |  |  |  |  |  |
| (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. |
| (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. |  |  |  |  |  |
| (3) As-of-right extension. | (3) As-of-right extension. | (3) As-of-right extension. | (3) As-of-right extension. | (3) As-of-right extension. | (3) As-of-right extension. |  |  |  |  |  |
| (4) The Company has a preferred equity investment in this property. The debt is consolidated for accounting purposes. | (4) The Company has a preferred equity investment in this property. The debt is consolidated for accounting purposes. | (4) The Company has a preferred equity investment in this property. The debt is consolidated for accounting purposes. | (4) The Company has a preferred equity investment in this property. The debt is consolidated for accounting purposes. | (4) The Company has a preferred equity investment in this property. The debt is consolidated for accounting purposes. | (4) The Company has a preferred equity investment in this property. The debt is consolidated for accounting purposes. |  |  |  |  |  |
| (5) Represents a blended swapped rate inclusive of multiple swaps. | (5) Represents a blended swapped rate inclusive of multiple swaps. | (5) Represents a blended swapped rate inclusive of multiple swaps. | (5) Represents a blended swapped rate inclusive of multiple swaps. | (5) Represents a blended swapped rate inclusive of multiple swaps. | (5) Represents a blended swapped rate inclusive of multiple swaps. |  |  |  |  |  |
| (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. | (6) The Fund has access to a subscription line of credit with a maximum commitment of $100 million as of December 31, 2025, secured by investor capital commitments. The facility is used to fund acquisitions prior to capital calls and is repaid through capital contributions. The subscription line of credit is non-recourse to the Company. |

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Supplemental Information 24 Fourth Quarter 2025

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| | |
|:---|:---|
| **DEBT SUMMARY SCHEDULE**<br>**Unconsolidated JVs**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | **Principal Outstanding** | **Principal Outstanding** | | | **2026 Principal** | | | | | |
| | | | **12/31/2025** | **12/31/2025** | | **Amortization** | **Amortization** | | | | | |
| **Fixed rate debt** | |<br>**Ownership**<br>**Interest (%)** | **Gross Principal** | **SLG Share** |<br>**Coupon (1)** | | **(SLG Share)** | **Current**<br>**Maturity**<br>**Date** | | **Final**<br>**Maturity**<br>**Date (2)** | | **Principal Due at**<br>**Final Maturity**<br>**(SLG Share)** |
| 15 Beekman | 15 Beekman | 20.0 | 120000 | 24000 | 5.99% |  | $| Jan-26 | (3) | Jan-28 |  | 24000 |
| 1515 Broadway | 1515 Broadway | 56.9 | 718949 | 408859 | 3.93% |  | 11975 | Mar-26 |  | Mar-28 |  | 380032 |
| 919 Third Avenue (swapped) | 919 Third Avenue (swapped) | 51.0 | 500000 | 255000 | 6.11% |  |  | Apr-26 |  | Apr-28 |  | 255000 |
| 280 Park Avenue (swapped) | 280 Park Avenue (swapped) | 50.0 | 1075000 | 537500 | 5.84% |  |  | Sep-26 |  | Sep-28 |  | 537500 |
| 450 Park Avenue (swapped) | 450 Park Avenue (swapped) | 25.1 | 68678 | 68678 | 6.57% | (4) |  | Jun-26 |  | Jun-27 |  | 68678 |
| 245 Park Avenue | 245 Park Avenue | 50.1 | 1768000 | 885768 | 4.30% |  |  | Jun-27 |  | Jun-27 |  | 885768 |
| One Madison Avenue (swapped) | One Madison Avenue (swapped) | 25.5 | 296772 | 296772 | 7.09% | (4) |  | Nov-27 |  | Nov-27 |  | 296772 |
| 220 East 42nd | 220 East 42nd | 51.0 | 496412 | 253170 | 6.77% |  |  | Dec-27 |  | Dec-27 |  | 253170 |
| 11 Madison Avenue | 11 Madison Avenue | 60.0 | 1400000 | 840000 | 5.59% | (5) |  | Oct-30 |  | Oct-30 |  | 840000 |
| 100 Park Avenue | 100 Park Avenue | 50.8 | 382872 | 194499 | 5.73% |  |  | Jan-28 |  | Jan-29 |  | 194499 |
| One Vanderbilt Avenue | One Vanderbilt Avenue | 55.0 | 3000000 | 1650300 | 2.95% |  |  | Jul-31 |  | Jul-31 |  | 1650300 |
|  |  |  | **9826683** | **5414546** | **4.65%** | (6) | **$** |  |  |  |  | **5385719** |
| <u>Alternative strategy portfolio</u> | <u>Alternative strategy portfolio</u> |  |  |  |  |  |  |  |  |  |  |  |
| 650 Fifth Avenue | 650 Fifth Avenue | 50.0 | 65000 | 32500 | 5.45% |  | $| Jan-26 |  | Jul-26 |  | 32500 |
| 115 Spring Street | 115 Spring Street | 51.0 | 65550 | 33431 | 5.50% |  |  | Mar-26 |  | Mar-26 |  | 33431 |
| Worldwide Plaza | Worldwide Plaza | 25.1 | 1200000 | 300600 | 3.98% |  |  | Nov-27 |  | Nov-27 |  | 300600 |
|  |  |  | **1330550** | **366531** | **4.25%** | (6) | **$** |  |  |  |  | **366531** |
| **Total Fixed Rate Debt** | **Total Fixed Rate Debt** | **Total Fixed Rate Debt** | **11157233** | **5781077** | **4.63%** | (6) | **$** |  |  |  |  | **5752250** |
| **Floating rate debt** |  |  |  |  |  |  |  |  |  |  |  |  |
| 450 Park Avenue (SOFR + 210 bps) | 450 Park Avenue (SOFR + 210 bps) | 25.1 | 221757 | 4221 | 5.79% |  | $| Jun-26 |  | Jun-27 |  | 4221 |
| One Madison Avenue (SOFR + 260 bps) | One Madison Avenue (SOFR + 260 bps) | 25.5 | 867042 |  | 6.29% |  |  | Nov-27 |  | Nov-27 |  |  |
|  |  |  | **1088799** | **4221** | **5.79%** | (6) | **$** |  |  |  |  | **4221** |
| <u>Alternative strategy portfolio</u> | <u>Alternative strategy portfolio</u> |  |  |  |  |  |  |  |  |  |  |  |
| 11 West 34th Street (LIBOR + 145 bps) | 11 West 34th Street (LIBOR + 145 bps) | 30.0 | 23000 | 6900 | 6.67% | (7) |  | Feb-23 | (8) | Feb-23 | (8) | 6900 |
| 650 Fifth Avenue (SOFR + 225 bps) | 650 Fifth Avenue (SOFR + 225 bps) | 50.0 | 210000 | 105000 | 5.94% |  |  | Jul-26 |  | Jul-26 |  | 105000 |
|  |  |  | **233000** | **111900** | **5.98%** | (6) | **$** |  |  |  |  | **111900** |
| **Total Floating Rate Debt** | **Total Floating Rate Debt** | **Total Floating Rate Debt** | **1321799** | **116121** | **5.98%** | (6) | **$** |  |  |  |  | **116121** |
| **Unconsolidated JV Debt** | **Unconsolidated JV Debt** | **Unconsolidated JV Debt** | **10915482** | **5418767** | **4.66%** | (6) |  |  |  |  |  |  |
| **Alternative Strategy Portfolio Debt** | **Alternative Strategy Portfolio Debt** | **Alternative Strategy Portfolio Debt** | **1563550** | **478431** | **4.66%** | (6) |  |  |  |  |  |  |
| **Total Debt - Unconsolidated JV** | **Total Debt - Unconsolidated JV** | **Total Debt - Unconsolidated JV** | **12479032** | **5897198** | **4.66%** | (6) | **$** |  |  |  |  | **5868371** |
|  | Deferred financing costs | Deferred financing costs | (100882) | (50476) |  |  |  |  |  |  |  |  |
| **Total Debt - Unconsolidated JV, net** | **Total Debt - Unconsolidated JV, net** | **Total Debt - Unconsolidated JV, net** | **12378150** | **5846722** | **4.66%** | (6) |  |  |  |  |  |  |
| (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. | (1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.69%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread. |
| (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. | (2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms. |  |  |  |  |  |  |  |
| (3) In January 2026, the loan was extended to the final maturity of January 2028. | (3) In January 2026, the loan was extended to the final maturity of January 2028. | (3) In January 2026, the loan was extended to the final maturity of January 2028. | (3) In January 2026, the loan was extended to the final maturity of January 2028. | (3) In January 2026, the loan was extended to the final maturity of January 2028. | (3) In January 2026, the loan was extended to the final maturity of January 2028. |  |  |  |  |  |  |  |
| (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. | (4) Coupon reflects interest rate swaps executed at the corporate level for SLG's share of the outstanding debt. |
| (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. | (5) Coupon reflects interest rate lock executed at the corporate level for SLG's share of the outstanding debt. |
| (6) Calculated based on SL Green's share of the outstanding debt. | (6) Calculated based on SL Green's share of the outstanding debt. | (6) Calculated based on SL Green's share of the outstanding debt. | (6) Calculated based on SL Green's share of the outstanding debt. | (6) Calculated based on SL Green's share of the outstanding debt. | (6) Calculated based on SL Green's share of the outstanding debt. |  |  |  |  |  |  |  |
| (7) The coupon rate is based on the last available LIBOR on June 30, 2023. | (7) The coupon rate is based on the last available LIBOR on June 30, 2023. | (7) The coupon rate is based on the last available LIBOR on June 30, 2023. | (7) The coupon rate is based on the last available LIBOR on June 30, 2023. | (7) The coupon rate is based on the last available LIBOR on June 30, 2023. | (7) The coupon rate is based on the last available LIBOR on June 30, 2023. |  |  |  |  |  |  |  |
| (8) The Company's joint venture partner is in discussions with the lender on resolution of the past maturity. | (8) The Company's joint venture partner is in discussions with the lender on resolution of the past maturity. | (8) The Company's joint venture partner is in discussions with the lender on resolution of the past maturity. | (8) The Company's joint venture partner is in discussions with the lender on resolution of the past maturity. | (8) The Company's joint venture partner is in discussions with the lender on resolution of the past maturity. | (8) The Company's joint venture partner is in discussions with the lender on resolution of the past maturity. |  |  |  |  |  |  |  |

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Supplemental Information 25 Fourth Quarter 2025

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| | |
|:---|:---|
| **DEBT COMPOSITION AND CORPORATE DEBT COVENANTS**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Composition of Debt** | **Composition of Debt** | **Composition of Debt** | **Composition of Debt** | **Composition of Debt** | **Composition of Debt** | **Composition of Debt** |
| | **Core Portfolio** | **Core Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Total** | **Total** |
| **Fixed Rate Debt** | | | | | | |
| Consolidated | $3678450 |  | $— |  | $3678450 |  |
| SLG Share of JV | 5414546 |  | 366531 |  | 5781077 |  |
| **Total Fixed Rate Debt** | $**9092996** | **96.1%** | $**366531** | **76.6%** | $**9459527** | **95.2%** |
| **Floating Rate Debt** |  |  |  |  |  |  |
| Consolidated | $366049 |  | $— |  | $366049 |  |
| SLG Share of JV | 4221 |  | 111900 |  | 116121 |  |
|  | 370270 | **3.9%** | 111900 | **23.4%** | 482170 | **4.8%** |
| Debt & Preferred Equity and CMBS Investments | (128619) | **(1.4)%** |  | **—%** | (128619) | **(1.3)%** |
| **Total Floating Rate Debt** | $**241651** | **2.6%** | $**111900** | **23.4%** | $**353551** | **3.6%** |
| **Total Debt** | $**9463266** |  | $**478431** |  | $**9941697** |  |

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| | | |
|:---|:---|:---|
| **Revolving Credit Facility Covenants** <sup>(1)</sup> | **Revolving Credit Facility Covenants** <sup>(1)</sup> | **Revolving Credit Facility Covenants** <sup>(1)</sup> |
| | **<u>Actual</u>** | **<u>Required</u>** |
| Total Debt / Total Assets | 44.4% | Less than 60% |
| Consolidated Fixed Charge Coverage | 1.89x | Greater than 1.40x |
| Maximum Secured Indebtedness | 25.2% | Less than 50% |
| Maximum Unencumbered Leverage Ratio | 39.6% | Less than 60% |
| (1) Covenants calculated pursuant to the terms of the underlying facility or notes. | (1) Covenants calculated pursuant to the terms of the underlying facility or notes. | (1) Covenants calculated pursuant to the terms of the underlying facility or notes. |

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Supplemental Information 26 Fourth Quarter 2025

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| | |
|:---|:---|
| **DERIVATIVE SUMMARY SCHEDULE**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **<u>Consolidated Interest Rate Derivatives</u>** | **<u>Consolidated Interest Rate Derivatives</u>** | | | | | | | | | |
| | | | |<br>**Notional Value** |<br>**Fair Value** | | | | | |
| **Secured Debt** | | |<br>**Ownership**<br>**Interest (%)** | **12/31/2025** | **12/31/2025** | |<br>**Instrument** <sup>(1)</sup> |<br>**Strike Rate** <sup>(1)</sup> |<br>**Effective Date** |<br>**Maturity Date** |
| &nbsp;&nbsp;&nbsp;800 Third Avenue |  |  | 100.0 | $177000 | $486 |  | Swap | 1.55% | December 2022 | February 2026 |
| &nbsp;&nbsp;&nbsp;185 Broadway |  |  | 100.0 | $190148 | 193 |  | Cap | 3.50% | November 2025 | November 2026 |
| &nbsp;&nbsp;&nbsp;100 Church Street |  |  | 100.0 | $370000 | (3076) |  | Swap | 3.89% | November 2022 | June 2027 |
| &nbsp;&nbsp;&nbsp;SLGOP – 450 Park Avenue |  |  | 100.0 | $68678 | (1167) | (2) | Swap | 4.47% | August 2024 | June 2027 |
| &nbsp;&nbsp;&nbsp;SLGOP – One Madison Avenue |  |  | 100.0 | $300000 | (6521) | (2) | Swap | 4.49% | November 2024 | November 2027 |
| &nbsp;&nbsp;&nbsp;500 Park Avenue |  |  | 100.0 | $80000 | (1429) |  | Swap | 4.17% | February 2025 | February 2028 |
| &nbsp;&nbsp;&nbsp;10 East 53rd Street |  |  | 55.0 | $204550 | (2866) |  | Swap | 3.92% | February 2025 | May 2028 |
|  | **Subtotal** |  |  |  | $(14380) |  |  |  |  |  |
| **Unsecured Debt** |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan A |  |  | 100.0 | $150000 | $5 |  | Swap | 2.62% | December 2021 | January 2026 |
| &nbsp;&nbsp;&nbsp;Term Loan A |  |  | 100.0 | 200000 | 1660 |  | Swap | 2.59% | February 2023 | February 2027 |
| &nbsp;&nbsp;&nbsp;Term Loan A |  |  | 100.0 | 100000 | 494 |  | Swap | 2.90% | February 2023 | February 2027 |
| &nbsp;&nbsp;&nbsp;Term Loan A |  |  | 100.0 | 100000 | 677 |  | Swap | 2.73% | February 2023 | February 2027 |
| &nbsp;&nbsp;&nbsp;Term Loan A |  |  | 100.0 | 50000 | 484 |  | Swap | 2.46% | February 2023 | February 2027 |
| &nbsp;&nbsp;&nbsp;Term Loan A |  |  | 100.0 | 300000 | 1777 |  | Swap | 2.87% | July 2023 | May 2027 |
| &nbsp;&nbsp;&nbsp;Term Loan A |  |  | 100.0 | 150000 | (426) |  | Swap | 3.52% | January 2024 | May 2027 |
| &nbsp;&nbsp;&nbsp;Term Loan B & Revolving Credit Facility |  |  | 100.0 | $200000 | 7 |  | Swap | 2.66% | December 2021 | January 2026 |
| &nbsp;&nbsp;&nbsp;Revolving Credit Facility |  |  | 100.0 | $125000 | (346) |  | Swap | 3.67% | August 2024 | December 2026 |
| &nbsp;&nbsp;&nbsp;Revolving Credit Facility |  |  | 100.0 | 125000 | (353) |  | Swap | 3.67% | August 2024 | December 2026 |
| &nbsp;&nbsp;&nbsp;Junior subordinated deferrable interest debentures | &nbsp;&nbsp;&nbsp;Junior subordinated deferrable interest debentures | &nbsp;&nbsp;&nbsp;Junior subordinated deferrable interest debentures | 100.0 | $100000 | (953) |  | Swap | 3.76% | January 2023 | January 2028 |
| **Forward-starting Derivatives** | **Forward-starting Derivatives** | **Forward-starting Derivatives** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;SLGOP – 100 Church Street |  |  | 100.0 | $357500 | $887 |  | Swap | 2.98% | June 2027 | June 2028 |
| &nbsp;&nbsp;&nbsp;800 Third Avenue |  |  | 100.0 | 177000 | (222) |  | Swap | 3.33% | February 2026 | February 2029 |
|  | **Subtotal** |  |  |  | $3691 |  |  |  |  |  |
| **<u>Unconsolidated JV Interest Rate Derivatives</u>** | **<u>Unconsolidated JV Interest Rate Derivatives</u>** |  |  |  |  |  |  |  |  |  |
|  |  | **Notional Value** | **Notional Value** | **Fair Value** | **Fair Value** |  |  |  |  |  |
|  | **Ownership** | **12/31/2025** | **12/31/2025** | **12/31/2025** | **12/31/2025** |  |  |  |  |  |
| **Secured Debt** | **Interest (%)** | **Gross** | **SLG Share** | **Gross** | **SLG Share** |  | **Instrument** <sup>(1)</sup> | **Strike Rate** <sup>(1)</sup> | **Effective Date** | **Maturity Date** |
| &nbsp;&nbsp;&nbsp;One Madison Avenue | 25.5 | $703686 | $179440 | $— | $— |  | Cap | 4.00% | November 2025 | January 2026 |
| &nbsp;&nbsp;&nbsp;919 Third Avenue | 51.0 | $250000 | $127500 | $27 | $14 |  | Swap | 3.61% | April 2023 | February 2026 |
| &nbsp;&nbsp;&nbsp;919 Third Avenue | 51.0 | 250000 | 127500 | 27 | 14 |  | Swap | 3.61% | April 2023 | February 2026 |
| &nbsp;&nbsp;&nbsp;280 Park Avenue | 50.0 | $537500 | $268750 | $(10962) | $(5481) |  | Swap | 4.07% | July 2024 | September 2028 |
| &nbsp;&nbsp;&nbsp;280 Park Avenue | 50.0 | 268750 | 134375 | (5276) | (2638) |  | Swap | 4.04% | July 2024 | September 2028 |
| &nbsp;&nbsp;&nbsp;280 Park Avenue | 50.0 | 268750 | 134375 | (5408) | (2704) |  | Swap | 4.06% | July 2024 | September 2028 |
| **Subtotal** |  |  |  | $(21592) | $(10795) |  |  |  |  |  |
| **Total, SLG Share** |  |  |  |  | $(21484) |  |  |  |  |  |
| (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. | (1) Certain financings require the purchase of a cap at a specified strike rate. |
| (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. | (2) Quarterly changes in fair value recognized in the calculation of FFO. |

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Supplemental Information 27 Fourth Quarter 2025

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| | |
|:---|:---|
| **SUMMARY OF LEASE LIABILITIES**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Lease** | **Year of Final** | |
| **<u>Property</u>** |  | **<u>2026</u>** | **<u>2026</u>** | **<u>2027</u>** | **<u>2027</u>** | **<u>2028</u>** | **<u>2028</u>** | **<u>2029</u>** | **<u>2029</u>** | **<u>Liabilities</u>** <sup>(2)</sup> | **<u>Expiration</u>** <sup>(3)</sup> |  |
| **<u>Consolidated Lease Liabilities (SLG Share)</u>** | **<u>Consolidated Lease Liabilities (SLG Share)</u>** |  |  |  |  |  |  |  |  |  |  |  |
| **Operating Leases** |  |  |  |  |  |  |  |  |  |  |  |  |
| 1185 Avenue of the Americas |  | 6909 |  | 6909 |  | 6909 |  | 6909 |  | 80667 | 2043 |  |
| SL Green Headquarters at One Vanderbilt |  | 2756 | (4) | 2762 | (4) | 2971 | (4) | 3075 | (4) | 86283 | 2048 |  |
| SUMMIT One Vanderbilt |  | 11353 | (4) | 11270 | (4) | 11293 | (4) | 11293 | (4) | 434696 | 2070 |  |
| 420 Lexington Avenue |  | 11199 |  | 11199 |  | 11199 |  | 11199 |  | 168362 | 2080 |  |
| 711 Third Avenue |  | 5500 | (5) | 5500 | (5) | 5500 | (5) | 5500 | (5) | 35184 | 2083 |  |
| **Total** |  | **37717** |  | **37640** |  | **37872** |  | **37976** |  | **805192** |  |  |
| **Financing Leases** |  |  |  |  |  |  |  |  |  |  |  |  |
| 15 Beekman |  | 3276 |  | 3325 |  | 3375 |  | 3426 |  | 108183 | 2119 | (6) |
| **Total** |  | **3276** |  | **3325** |  | **3375** |  | **3426** |  | **108183** |  |  |
|  | **SLG** | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Scheduled Cash Payment** <sup>(1)</sup> | **Lease** | **Year of Final** |  |
| **<u>Property</u>** | **<u>Interest (%)</u>** | **<u>2026</u>** | **<u>2026</u>** | **<u>2027</u>** | **<u>2027</u>** | **<u>2028</u>** | **<u>2028</u>** | **<u>2029</u>** | **<u>2029</u>** | **<u>Liabilities</u>** <sup>(2)</sup> | **<u>Expiration</u>** <sup>(3)</sup> |  |
| **<u>Unconsolidated Joint Venture Lease Liabilities (SLG Share)</u>** | **<u>Unconsolidated Joint Venture Lease Liabilities (SLG Share)</u>** |  |  |  |  |  |  |  |  |  |  |  |
| **Operating Leases** |  |  |  |  |  |  |  |  |  |  |  |  |
| Equinox Studio City (7) | 66.7 | 1227 |  | 1387 |  | 1387 |  | 925 |  | 4719 | 2029 |  |
| <u>Alternative strategy portfolio</u> |  |  |  |  |  |  |  |  |  |  |  |  |
| 650 Fifth Avenue (Floors 4-6) | 50.0 | 1802 |  | 1935 |  | 1935 |  | 1935 |  | 12473 | 2053 |  |
| 650 Fifth Avenue (Floors b-3) | 50.0 | 1571 |  | 1585 |  | 1605 |  | 1726 |  | 32041 | 2062 |  |
| **Total** |  | **4600** |  | **4907** |  | **4927** |  | **4586** |  | **49233** |  |  |
| **Financing Leases** |  |  |  |  |  |  |  |  |  |  |  |  |
| One Vanderbilt Avenue Garage | 55.0 | 165 |  | 167 |  | 168 |  | 170 |  | 2686 | 2069 |  |
| 885 Third Avenue | 34.1 | 817 |  | 817 |  | 817 |  | 817 |  | 15855 | 2119 |  |
| 1560 Broadway Signage | 50.0 | 825 |  | 825 |  | 825 |  | 825 |  | 11655 | 2073 |  |
| <u>Alternative strategy portfolio</u> |  |  |  |  |  |  |  |  |  |  |  |  |
| 650 Fifth Avenue (Floors b-3) | 50.0 | 7364 |  | 7364 |  | 7464 |  | 8101 |  | 105354 | 2062 |  |
| 2 Herald Square | 95.0 | 14978 |  | 15353 |  |  |  |  |  | 398193 | 2077 | (6) |
| **Total** |  | **24149** |  | **24526** |  | **9274** |  | **9913** |  | **533743** |  |  |
| (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. | (1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds. |
| (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. | (2) Per the balance sheet as of December 31, 2025. |
| (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. | (3) Reflects all available extension options. |
| (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. | (4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt. |
| (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. | (5) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property. |
| (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. | (6) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option. |
| (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. | (7) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises. |

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Supplemental Information 28 Fourth Quarter 2025

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| | |
|:---|:---|
| **DEBT AND PREFERRED EQUITY INVESTMENTS**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | **Weighted Average Book** | **Weighted Average** | **Weighted Average Yield** |
| | | **&nbsp;&nbsp;&nbsp;&nbsp;<u>Book Value</u>** <sup>(1)</sup> | **<u>Value During Quarter</u>** | **<u>Yield During Quarter</u>** <sup>(2)</sup> | **<u>At End Of Quarter</u>** <sup>(3)</sup> |
| **12/31/2024** |  | $518383 | $511390 | 7.26% | 7.30% |
| Debt investment originations/fundings/accretion | <sup>(4)</sup> | 12230 |  |  |  |
| Preferred Equity investment originations/accretion | <sup>(4)</sup> | 2233 |  |  |  |
| Joint venture investment originations/accretion/amortization | <sup>(4)</sup> | 4740 |  |  |  |
| Redemptions/Sales/Syndications/Equity Ownership/Amortization |  |  |  |  |  |
| Reserves/Realized Losses |  |  |  |  |  |
| **3/31/2025** |  | $537586 | $533664 | 7.35% | 7.50% |
| Debt investment originations/fundings/accretion | <sup>(4)</sup> | 1010 |  |  |  |
| Preferred Equity investment originations/accretion | <sup>(4)</sup> |  |  |  |  |
| Joint venture investment originations/accretion/amortization | <sup>(4)</sup> | 4872 |  |  |  |
| Redemptions/Sales/Syndications/Equity Ownership/Amortization |  | (3214) |  |  |  |
| Reserves/Realized Losses |  | (14831) |  |  |  |
| **6/30/2025** |  | $525423 | $531634 | 6.83% | 6.97% |
| Debt investment originations/fundings/accretion | <sup>(4)</sup> | 682 |  |  |  |
| Preferred Equity investment originations/accretion | <sup>(4)</sup> |  |  |  |  |
| Joint venture investment originations/accretion/amortization | <sup>(4)</sup> | 3538 |  |  |  |
| Redemptions/Sales/Syndications/Equity Ownership/Amortization |  | (254508) |  |  |  |
| Reserves/Realized Losses |  | 14531 |  |  |  |
| **9/30/2025** |  | $289666 | $411959 | 8.02% | 8.77% |
| Debt investment originations/fundings/accretion | <sup>(4)</sup> | 196 |  |  |  |
| Preferred Equity investment originations/accretion | <sup>(4)</sup> |  |  |  |  |
| Joint venture investment originations/accretion/amortization | <sup>(4)</sup> |  |  |  |  |
| Redemptions/Sales/Syndications/Equity Ownership/Amortization |  | (121504) |  |  |  |
| Reserves/Realized Losses |  |  |  |  |  |
| **12/31/2025** |  | $168358 | $190052 | 4.98% | 5.02% |
| (1) Net of unamortized fees, discounts, premiums. | (1) Net of unamortized fees, discounts, premiums. | (1) Net of unamortized fees, discounts, premiums. | (1) Net of unamortized fees, discounts, premiums. | (1) Net of unamortized fees, discounts, premiums. | (1) Net of unamortized fees, discounts, premiums. |
| (2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any. | (2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any. | (2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any. | (2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any. | (2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any. | (2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any. |
| (3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter. Excludes accelerated fee income resulting from early repayment and loan loss reserves. | (3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter. Excludes accelerated fee income resulting from early repayment and loan loss reserves. | (3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter. Excludes accelerated fee income resulting from early repayment and loan loss reserves. | (3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter. Excludes accelerated fee income resulting from early repayment and loan loss reserves. | (3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter. Excludes accelerated fee income resulting from early repayment and loan loss reserves. | (3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter. Excludes accelerated fee income resulting from early repayment and loan loss reserves. |
| (4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income. | (4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income. | (4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income. | (4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income. | (4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income. | (4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income. |

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Supplemental Information 29 Fourth Quarter 2025

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| | |
|:---|:---|
| **DEBT AND PREFERRED EQUITY INVESTMENTS**<br>**Unaudited**<br>(Dollars in Thousands, Except Per Square Foot Amounts) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Book Value** | **Book Value** | **Book Value** | **Senior** | **Weighted Average** | **Weighted Average** | **Weighted Average Yield** |
| **<u>Type of Investment</u>** | **<u>Floating rate</u>** | **<u>Fixed rate</u>** | **<u>Total</u>** | **<u>Financing</u>** | **<u>Exposure PSF</u>** <sup>(1)</sup> | **<u>Yield During Quarter</u>** <sup>(2)</sup> | **<u>At End Of Quarter</u>** <sup>(2) (3)</sup> |
| &nbsp;&nbsp;&nbsp;Mezzanine Debt | $127872 | $40486 | $**168358** | $713528 | $628 | 4.98% | 5.02% |
| **Balance as of 12/31/2025** | $127872 | $40486 | $**168358** |  |  |  |  |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Debt and Preferred Equity Maturity Profile**  | **Debt and Preferred Equity Maturity Profile**  | **Debt and Preferred Equity Maturity Profile**  | **Debt and Preferred Equity Maturity Profile**  | **Debt and Preferred Equity Maturity Profile**  |
| | **2026** | **2027** | **2028** | **2029** | **2030 & Thereafter** |
| Floating Rate | $127872 | $— | $— | $— | $— |
| Fixed Rate |  | 20486 |  | 20000 |  |
| **Sub-total** | $**127872** | $**20486** | $**—** | $**20000** | $**—** |

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| |
|:---|
| (1) Net of loan loss reserves. |
| (2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any. |
| (3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter, excluding accelerated fee income resulting from early repayment and loan loss reserves. |

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Supplemental Information 30 Fourth Quarter 2025

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| | |
|:---|:---|
| **SELECTED PROPERTY DATA**<br>**Manhattan Operating Properties**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** | **Total Tenants** |
| | **Ownership** | | | | | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** | | | |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | | | | | **Leased (2)** | **Occupied (3)** | **Economic (4)** | **Leased (2)** | **Occupied (3)** | | | |
| **CONSOLIDATED PROPERTIES** | **CONSOLIDATED PROPERTIES** | | | | | | | | | | | | |
| **"Same Store"** | |<br>**<u>SubMarket</u>**<br> |<br>**<u>Ownership</u>**<br> |<br>**<u>Square Feet (1)</u>**<br> |<br>**% of Total**<br>**<u>Sq. Feet</u>**<br> | | | | | |<br>**($'s)**<br> |<br>**SLG Share ($'s)**<br> | |
| 10 East 53rd Street | 100.0 | Plaza District | Fee Interest | 354300 | 1.5 | 95.5 | 94.1 | 91.8 | 97.5 | 96.1 | $32962 | $32962 | 36 |
| 100 Church Street | 100.0 | Downtown | Fee Interest | 1047500 | 4.5 | 93.5 | 93.1 | 93.1 | 93.1 | 93.1 | 47345 | 47345 | 17 |
| 110 Greene Street | 100.0 | Soho | Fee Interest | 223600 | 1.0 | 94.7 | 92.7 | 91.9 | 94.2 | 90.2 | 19409 | 19409 | 52 |
| 125 Park Avenue | 100.0 | Grand Central | Fee Interest | 604245 | 2.6 | 99.2 | 98.0 | 96.8 | 98.7 | 98.3 | 47292 | 47292 | 23 |
| 304 Park Avenue South | 100.0 | Midtown South | Fee Interest | 215000 | 0.9 | 91.9 | 91.9 | 91.9 | 91.9 | 91.9 | 18083 | 18083 | 6 |
| 420 Lexington Ave (Graybar) | 100.0 | Grand Central North | Leasehold Interest | 1188000 | 5.1 | 92.8 | 90.5 | 90.4 | 91.6 | 90.5 | 88882 | 88882 | 174 |
| 461 Fifth Avenue | 100.0 | Midtown | Fee Interest | 200000 | 0.9 | 90.2 | 85.0 | 77.4 | 90.2 | 81.7 | 15100 | 15100 | 19 |
| 485 Lexington Avenue | 100.0 | Grand Central North | Fee Interest | 921000 | 3.9 | 79.7 | 77.8 | 77.8 | 79.7 | 77.8 | 48339 | 48339 | 37 |
| 555 West 57th Street | 100.0 | Midtown West | Fee Interest | 941000 | 4.0 | 77.2 | 77.2 | 77.2 | 77.2 | 77.2 | 47469 | 47469 | 11 |
| 711 Third Avenue | &nbsp;&nbsp;&nbsp;&nbsp; 100.0 (5) | Grand Central North | Leasehold Interest (5) | 524000 | 2.2 | 77.0 | 70.8 | 70.8 | 72.6 | 70.8 | 25770 | 25770 | 17 |
| 800 Third Avenue | 100.0 | Grand Central North | Fee Interest | 526000 | 2.3 | 90.0 | 84.3 | 83.8 | 86.4 | 83.8 | 31762 | 31762 | 42 |
| 810 Seventh Avenue | 100.0 | Times Square | Fee Interest | 692000 | 3.0 | 89.2 | 87.2 | 84.4 | 89.6 | 84.8 | 43883 | 43883 | 47 |
| 885 Third Avenue | 100.0 | Midtown / Plaza District | Fee / Leasehold Interest | 218796 | 0.9 | 84.5 | 81.5 | 74.6 | 81.2 | 78.3 | 11655 | 11655 | 15 |
| 1185 Avenue of the Americas | 100.0 | Rockefeller Center | Leasehold Interest | 1062000 | 4.5 | 89.0 | 74.5 | 67.2 | 91.6 | 88.4 | 61554 | 61554 | 23 |
| 1350 Avenue of the Americas | 100.0 | Rockefeller Center | Fee Interest | 562000 | 2.4 | 80.7 | 75.5 | 75.1 | 80.1 | 75.5 | 34406 | 34406 | 42 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **9279441** | **39.7%** | **87.8%** | **84.1%** | **82.5%** | **87.4%** | **85.4%** | **$573911** | **$573911** | **561** |
| **"Non Same Store"** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 500 Park Avenue | 100.0 | Park Avenue | Fee Interest | 201411 | 0.9 | 90.7 | 90.7 | 90.7 | 90.7 | 90.7 | $17106 | $17106 | 12 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **201411** | **0.9%** | **90.7%** | **90.7%** | **90.7%** | **90.7%** | **90.7%** | **$17106** | **$17106** | **12** |
| **Total / Weighted Average Consolidated Properties** | **Total / Weighted Average Consolidated Properties** | **Total / Weighted Average Consolidated Properties** |  | **9480852** | **40.6%** | **87.9%** | **84.2%** | **82.7%** | **87.5%** | **85.5%** | **$591017** | **$591017** | **573** |
| **UNCONSOLIDATED PROPERTIES** | **UNCONSOLIDATED PROPERTIES** |  |  |  |  |  |  |  |  |  |  |  |  |
| **"Same Store"** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| One Vanderbilt Avenue | 55.0 | Grand Central | Fee Interest | 1657198 | 7.1 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | $290850 | $159968 | 41 |
| 11 Madison Avenue | 60.0 | Park Avenue South | Fee Interest | 2314000 | 10.0 | 93.0 | 93.0 | 87.9 | 93.0 | 93.0 | 167376 | 100426 | 8 |
| 100 Park Avenue | 50.8 | Grand Central South | Fee Interest | 834000 | 3.6 | 97.1 | 96.8 | 67.2 | 96.7 | 95.5 | 62517 | 31758 | 38 |
| 220 East 42nd Street | 51.0 | Grand Central | Fee Interest | 1135000 | 4.9 | 94.0 | 93.5 | 93.1 | 94.1 | 93.1 | 72455 | 36952 | 34 |
| 280 Park Avenue | 50.0 | Park Avenue | Fee Interest | 1219158 | 5.2 | 94.2 | 90.5 | 90.4 | 93.5 | 90.3 | 129171 | 64585 | 34 |
| 450 Park Avenue | 25.1 | Park Avenue | Fee Interest | 337000 | 1.4 | 93.9 | 90.7 | 90.7 | 100.0 | 96.8 | 39140 | 9824 | 26 |
| 919 Third Avenue | 51.0 | Grand Central North | Fee Interest | 1454000 | 6.2 | 99.8 | 95.5 | 84.2 | 99.7 | 95.5 | 101182 | 51603 | 11 |
| 1515 Broadway | 56.9 | Times Square | Fee Interest | 1750000 | 7.5 | 99.7 | 99.7 | 99.7 | 99.7 | 99.7 | 142218 | 80922 | 7 |
| **Added to Same Store in 2025** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 245 Park Avenue | 50.1 | Park Avenue | Fee Interest | 1782793 | 7.6 | 97.8 | 94.8 | 86.4 | 92.2 | 91.5 | 179023 | 89691 | 14 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **12483149** | **53.5%** | **96.8%** | **95.4%** | **89.9%** | **96.1%** | **95.0%** | **$1183932** | **$625729** | **213** |
| **"Non Same Store"** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| One Madison Avenue | 25.5 | Park Avenue South | Fee Interest | 1385484 | 5.9 | 93.3 | 79.9 | 64.7 | 84.5 | 79.8 | $130694 | $33327 | 16 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **1385484** | **5.9%** | **93.3%** | **79.9%** | **64.7%** | **84.5%** | **79.8%** | **$130694** | **$33327** | **16** |
| **Total / Weighted Average Unconsolidated Properties** | **Total / Weighted Average Unconsolidated Properties** | **Total / Weighted Average Unconsolidated Properties** |  | **13868633** | **59.4%** | **96.5%** | **93.9%** | **87.4%** | **95.0%** | **93.4%** | **$1314626** | **$659056** | **229** |
| **Manhattan Operating Properties Grand Total / Weighted Average** | **Manhattan Operating Properties Grand Total / Weighted Average** | **Manhattan Operating Properties Grand Total / Weighted Average** | **Manhattan Operating Properties Grand Total / Weighted Average** | **23349485** | **100.0%** | **93.0%** | **90.0%** | **85.5%** | **91.9%** | **90.2%** | **$1905643** | **$1250073** | **802** |
| **Manhattan Operating Properties Same Store Occupancy %** | **Manhattan Operating Properties Same Store Occupancy %** | **Manhattan Operating Properties Same Store Occupancy %** |  | **21762590** | **93.2%** | **93.0%** | **90.6%** | **86.7%** | **92.4%** | **90.9%** |  |  |  |
| (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. |  |  |  |  |  |  |  |  |  |
| (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. |  |  |  |  |  |  |  |  |  |
| (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. |  |  |  |  |  |  |  |  |  |
| (4) Based on leases where revenue is being recognized for GAAP purposes. | (4) Based on leases where revenue is being recognized for GAAP purposes. | (4) Based on leases where revenue is being recognized for GAAP purposes. | (4) Based on leases where revenue is being recognized for GAAP purposes. | (4) Based on leases where revenue is being recognized for GAAP purposes. |  |  |  |  |  |  |  |  |  |
| (5) The Company also owns 50% of the fee interest. | (5) The Company also owns 50% of the fee interest. | (5) The Company also owns 50% of the fee interest. | (5) The Company also owns 50% of the fee interest. | (5) The Company also owns 50% of the fee interest. |  |  |  |  |  |  |  |  |  |

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Supplemental Information 31 Fourth Quarter 2025

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| | |
|:---|:---|
| **SELECTED PROPERTY DATA**<br>**Retail, Residential and Suburban Operating Properties**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** | | **Total Tenants** |
| | **Ownership** | | | | | | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** | | | | |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | | | | | | **Leased (2)** | **Occupied (3)** | **Leased (2)** | **Occupied (3)** | | | | |
| **RETAIL PROPERTIES** | **RETAIL PROPERTIES** | | | | | | | | | | | | | |
| **"Same Store" Retail** | **"Same Store" Retail** |<br>**<u>SubMarket</u>**<br> |<br>**<u>Ownership</u>**<br> |<br>**<u>Square Feet (1)</u>**<br> |<br>**% of Total**<br>**<u>Sq. Feet</u>**<br> | | | | | |<br>**($'s)**<br> |<br>**SLG Share ($'s)**<br> | | |
| **Added to Same Store in 2025** | | | | | | | | | | | | | | |
| 760 Madison Avenue | 100.0 | Plaza District | Fee Interest | 22648 | 7.2 |  | 100.0 | 100.0 | 100.0 | 100.0 | $18554 | $18554 |  | 1 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** |  |  | **22648** | **7.2%** |  | **100.0%** | **100.0%** | **100.0%** | **100.0%** | **$18554** | **$18554** |  | **1** |
| **"Non Same Store" Retail** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 315 West 33rd Street - The Olivia | 100.0 | Penn Station | Fee Interest | 270132 | 86.2 |  | 82.4 | 82.4 | N/A | N/A | $13563 | $13563 |  | 8 |
| 690 Madison Avenue | 90.0 | Plaza District | Fee Interest | 7848 | 2.5 |  | 100.0 | 100.0 | 100.0 | 100.0 | 4505 | 4054 |  | 1 |
| 1552 Broadway/1560 Broadway Signage | 50.0 | Times Square | Fee / Leasehold Interest | 12719 | 4.1 |  | 100.0 | 100.0 | 100.0 | 100.0 | 4200 | 2100 | (4) | 1 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** |  |  | **290699** | **92.8%** |  | **83.6%** | **83.6%** | **100.0%** | **100.0%** | **$22268** | **$19717** |  | **10** |
| **Total / Weighted Average Retail Properties** | **Total / Weighted Average Retail Properties** |  |  | **313347** | **100.0%** |  | **84.8%** | **84.8%** | **100.0%** | **100.0%** | **$40822** | **$38271** |  | **11** |
|  |  |  |  |  |  |  | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** |  | **Average Monthly Rent Per Occupied Unit** |
|  | **Ownership** |  |  |  | **Total** |  | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** |  |  |  |  |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | **<u>SubMarket</u>** | **<u>Ownership</u>** | **<u>Square Feet (1)</u>** | **<u>Units</u>** |  | **Leased (2)** | **Occupied (3)** | **Leased (2)** | **Occupied (3)** | **($'s)** | **SLG Share ($'s)** |  | **($'s)** |
| **RESIDENTIAL PROPERTIES** | **RESIDENTIAL PROPERTIES** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **"Same Store" Residential** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Added to Same Store in 2025** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 7 Dey Street | 100.0 | Lower Manhattan | Fee Interest | 140382 | 209 |  | 99.5 | 98.6 | 98.6 | 98.1 | $12506 | $12506 |  | $5059 |
| 15 Beekman Street | 20.0 | Downtown | Leasehold Interest | 221884 | 484 | (5) | 100.0 | 100.0 | 100.0 | 100.0 | 14155 | 2831 |  | N/A |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** |  |  | **362266** | **693** |  | **99.8%** | **99.6%** | **99.6%** | **99.4%** | **$26661** | **$15337** |  | **$5059** |
| **"Non Same Store" Residential** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 315 West 33rd Street - The Olivia | 100.0 | Penn Station | Fee Interest | 222855 | 333 |  | 96.4 | 92.2 | N/A | N/A | $18676 | $18676 |  | $5070 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** |  |  | **222855** | **333** |  | **96.4%** | **92.2%** | **— %** | **— %** | **$18676** | **$18676** |  | **$5070** |
| **Total / Weighted Average Residential Properties** | **Total / Weighted Average Residential Properties** | **Total / Weighted Average Residential Properties** |  | **585121** | **1026** |  | **98.7%** | **97.2%** | **99.6%** | **99.4%** | **$45337** | **$34013** |  | **$5065** |
|  |  |  |  |  |  |  | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** |  | **Total Tenants** |
|  | **Ownership** |  |  |  | **% of Total** |  | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** |  |  |  |  |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | **<u>SubMarket</u>** | **<u>Ownership</u>** | **<u>Square Feet (1)</u>** | **<u>Sq. Feet</u>** |  | **Leased (2)** | **Occupied (3)** | **Leased (2)** | **Occupied (3)** | **($'s)** | **SLG Share ($'s)** |  |  |
| **"Same Store" Suburban** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Landmark Square | 100.0 | Stamford, Connecticut | Fee Interest | 732800 | 100.0 |  | 79.4 | 79.0 | 80.1 | 79.7 | $15706 | $15706 |  | 83 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal/Weighted Average** |  |  | **732800** | **100.0%** |  | **79.4%** | **79.0%** | **80.1%** | **79.7%** | **$15706** | **$15706** |  | **83** |
| **Total / Weighted Average Suburban Properties** | **Total / Weighted Average Suburban Properties** |  |  | **732800** | **100.0%** |  | **79.4%** | **79.0%** | **80.1%** | **79.7%** | **$15706** | **$15706** |  | **83** |
| (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. |
| (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. |
| (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. |
| (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. | (4) Reflects the contractual rent for 1552 Broadway. |
| (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. | (5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds. |

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Supplemental Information 32 Fourth Quarter 2025

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| | |
|:---|:---|
| **SELECTED PROPERTY DATA**<br>**Development / Redevelopment & Alternative Strategy Portfolio Properties**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** | **Real Estate Book Value, Net** | **Total Tenants** |
| | **Ownership** | | | | | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** | | | | |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | **<u>SubMarket</u>** | | | | **Leased (2)** | **Occupied (3)** | **Leased (2)** | **Occupied (3)** | | | | |
| **Development / Redevelopment** | **Development / Redevelopment** | **Development / Redevelopment** |<br>**<u>Ownership</u>** |<br>**<u>Square Feet (1)</u>** |<br>**% of Total**<br>**<u>Sq. Feet</u>** | | | | |<br>**($'s)** |<br>**SLG Share ($'s)** | | |
| 3 Landmark Square | 100.0 | Stamford, Connecticut | Fee Interest | 130000 | 10.4 | 7.4 | 7.4 | 7.4 | 7.4 | $370 | $370 | $18776 | 4 |
| 19 East 65th Street | 100.0 | Plaza District | Fee Interest | 14639 | 1.2 |  |  |  |  |  |  | 21634 |  |
| 185 Broadway | 100.0 | Lower Manhattan | Fee Interest | 50206 | 4.0 | 34.5 | 34.5 | 34.5 | 34.5 | 3506 | 3506 | 48091 | 4 |
| 346 Madison Avenue | 100.0 | Grand Central | Fee Interest | 275138 | 22.0 | 40.4 | 40.4 | N/A | N/A | 5495 | 5495 | 164058 | 28 |
| 750 Third Avenue | 100.0 | Grand Central North | Fee Interest | 780000 | 62.4 | 4.8 | 4.9 | 4.9 | 4.9 | 3675 | 3675 | 349375 | 5 |
| **Total / Weighted Average Development / Redevelopment Properties** | **Total / Weighted Average Development / Redevelopment Properties** | **Total / Weighted Average Development / Redevelopment Properties** |  | **1249983** | **100.0%** | **14.1%** | **14.1%** | **6.7%** | **6.7%** | **$13046** | **$13046** | **$601934** | **41** |
|  |  |  |  |  |  | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** | **Investment Carrying Value, Net** | **Total Tenants** |
|  | **Ownership** |  |  |  | **% of Total** | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** |  |  |  |  |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | **<u>SubMarket</u>** | **<u>Ownership</u>** | **<u>Square Feet (1)</u>** | **<u>Sq. Feet</u>** | **Leased (2)** | **Occupied (3)** | **Leased (2)** | **Occupied (3)** | **($'s)** | **SLG Share ($'s)** |  |  |
| **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** |  |  |  |  |  |  |  |  |  |  |  |
| 2 Herald Square | 95.0 | Herald Square | Leasehold Interest | 369000 | 14.7 | 34.5 | 34.5 | 34.5 | 34.5 | $26222 | $24911 | $104164 | 5 |
| 11 West 34th Street | 30.0 | Herald Square/Penn Station | Fee Interest | 17150 | 0.7 | 100.0 | 100.0 | 100.0 | 100.0 | 3680 | 1104 |  | 1 |
| 115 Spring Street | 51.0 | Soho | Fee Interest | 5218 | 0.2 | 100.0 | 100.0 | 100.0 | 100.0 | 4202 | 2143 |  | 1 |
| 650 Fifth Avenue | 50.0 | Plaza District | Leasehold Interest | 69214 | 2.8 | 100.0 | 100.0 | 100.0 | 100.0 | 42574 | 21287 | (93304) | 1 |
| Worldwide Plaza | 25.1 | Westside | Fee Interest | 2048725 | 81.6 | 61.9 | 61.9 | 61.9 | 61.7 | 76538 | 19173 | 16014 | 21 |
| **Total / Weighted Average Alternative Strategy Portfolio Properties** | **Total / Weighted Average Alternative Strategy Portfolio Properties** | **Total / Weighted Average Alternative Strategy Portfolio Properties** |  | **2509307** | **100.0%** | **59.3%** | **59.3%** | **59.3%** | **59.1%** | **$153216** | **$68618** | **$26874** | **29** |
| (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. |
| (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. |
| (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. |

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Supplemental Information 33 Fourth Quarter 2025

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| | |
|:---|:---|
| **SELECTED PROPERTY DATA**<br>**Retail Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** | **Total Tenants** |
| | **Ownership** | | | | | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** | | | |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | **<u>SubMarket</u>** | | | | **Leased (2)** | **Occupied (3)** | **Leased (2)** | **Occupied (3)** | | | |
| **HIGH STREET RETAIL - Consolidated Properties** | **HIGH STREET RETAIL - Consolidated Properties** | **HIGH STREET RETAIL - Consolidated Properties** |<br>**<u>Ownership</u>** |<br>**<u>Square Feet (1)</u>** |<br>**% of Total**<br>**<u>Sq. Feet</u>** | | | | |<br>**($'s)** |<br>**SLG Share ($'s)** | |
| 315 West 33rd Street - The Olivia | 100.0 | Penn Station | Fee Interest | 159343 | 10.9 | 69.5 | 69.5 | N/A | N/A | $9449 | $9449 | 7 |
| 690 Madison Avenue | 90.0 | Plaza District | Fee Interest | 7944 | 0.5 | 100.0 | 100.0 | 100.0 | 100.0 | 4504 | 4054 | 1 |
| 760 Madison Avenue | 100.0 | Plaza District | Fee Interest | 22648 | 1.6 | 100.0 | 100.0 | 100.0 | 100.0 | **18554** | **18554** | 1 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **189935** | **13.0%** | **74.4%** | **74.4%** | **100.0%** | **100.0%** | **$32507** | **$32057** | **9** |
| **HIGH STREET RETAIL - Unconsolidated Properties** | **HIGH STREET RETAIL - Unconsolidated Properties** | **HIGH STREET RETAIL - Unconsolidated Properties** |  |  |  |  |  |  |  |  |  |  |
| 1552 Broadway/1560 Broadway Signage | 50.0 | Times Square | Fee / Leasehold Interest | 12719 | 0.9 | 100.0 | 100.0 | 100.0 | 100.0 | $4200 | $2100 | 1 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **12719** | **0.9%** | **100.0%** | **100.0%** | **100.0%** | **100.0%** | **$4200** | **$2100** | **1** |
| **Total / Weighted Average High Street Retail** | **Total / Weighted Average High Street Retail** | **Total / Weighted Average High Street Retail** |  | **202654** | **13.9%** | **76.1%** | **76.1%** | **100.0%** | **100.0%** | **$36707** | **$34157** | **10** |
| **OTHER RETAIL - Consolidated Properties** | **OTHER RETAIL - Consolidated Properties** |  |  |  |  |  |  |  |  |  |  |  |
| 10 East 53rd Street | 100.0 | Plaza District | Fee Interest | 38657 | 2.7 | 100.0 | 100.0 | 100.0 | 100.0 | $4201 | $4201 | 3 |
| 100 Church Street | 100.0 | Downtown | Fee Interest | 61708 | 4.4 | 100.0 | 100.0 | 100.0 | 100.0 | 4448 | 4448 | 10 |
| 110 Greene Street | 100.0 | Soho | Fee Interest | 16121 | 1.1 | 100.0 | 100.0 | 100.0 | 100.0 | 4749 | 4749 | 3 |
| 125 Park Avenue | 100.0 | Grand Central | Fee Interest | 32124 | 2.2 | 100.0 | 80.6 | 47.0 | 47.0 | 2179 | 2179 | 6 |
| 185 Broadway | 100.0 | Lower Manhattan | Fee Interest | 16413 | 1.1 | 100.0 | 100.0 | 100.0 | 100.0 | 3506 | 3506 | 4 |
| 304 Park Avenue South | 100.0 | Midtown South | Fee Interest | 25330 | 1.7 | 100.0 | 100.0 | 100.0 | 100.0 | 3857 | 3857 | 5 |
| 420 Lexington Ave (Graybar) | 100.0 | Grand Central North | Leasehold Interest | 54026 | 3.7 | 100.0 | 100.0 | 100.0 | 100.0 | 5394 | 5394 | 6 |
| 461 Fifth Avenue | 100.0 | Midtown | Fee Interest | 16149 | 1.1 | 100.0 | 100.0 | 100.0 | 100.0 | 1104 | 1104 | 2 |
| 485 Lexington Avenue | 100.0 | Grand Central North | Fee Interest | 41701 | 2.9 | 68.5 | 68.5 | 68.5 | 68.5 | 4453 | 4453 | 7 |
| 500 Park Avenue | 100.0 | Park Avenue | Fee Interest | 11976 | 0.8 | 100.0 | 100.0 | 100.0 | 100.0 | 1257 | 1257 | 3 |
| 555 West 57th Street | 100.0 | Midtown West | Fee Interest | 53186 | 3.6 | 100.0 | 100.0 | 100.0 | 100.0 | 3174 | 3174 | 2 |
| 711 Third Avenue | 100.0 | Grand Central North | Leasehold Interest | 25639 | 1.8 | 83.5 | 83.5 | 83.5 | 83.5 | 2365 | 2365 | 2 |
| 750 Third Avenue (4) | 100.0 | Grand Central North | Fee Interest | 24827 | 1.7 | 42.3 | 42.3 | 47.5 | 47.5 | 1598 | 1598 | 3 |
| 800 Third Avenue | 100.0 | Grand Central North | Fee Interest | 9900 | 0.7 | 100.0 | 100.0 | 100.0 | 100.0 | 987 | 987 | 2 |
| 810 Seventh Avenue | 100.0 | Times Square | Fee Interest | 18207 | 1.2 | 98.6 | 98.6 | 98.6 | 98.6 | 4414 | 4414 | 3 |
| 885 Third Avenue | 100.0 | Midtown / Plaza District | Fee / Leasehold Interest | 9140 | 0.6 | 100.0 | 100.0 | 100.0 | 100.0 | 557 | 557 | 2 |
| 1185 Avenue of the Americas | 100.0 | Rockefeller Center | Leasehold Interest | 54273 | 3.7 | 96.1 | 96.1 | 96.1 | 94.6 | 3426 | 3426 | 5 |
| 1350 Avenue of the Americas | 100.0 | Rockefeller Center | Fee Interest | 17797 | 1.2 | 100.0 | 100.0 | 100.0 | 100.0 | 2861 | 2861 | 6 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **527174** | **36.2%** | **93.5%** | **92.4%** | **90.6%** | **90.4%** | **$54530** | **$54530** | **74** |
| **OTHER RETAIL - Unconsolidated Properties** | **OTHER RETAIL - Unconsolidated Properties** | **OTHER RETAIL - Unconsolidated Properties** | **OTHER RETAIL - Unconsolidated Properties** |  |  |  |  |  |  |  |  |  |
| One Madison Avenue | 25.5 | Park Avenue South | Fee Interest | 109893 | 7.5 | 100.0 | 100.0 | 100.0 | 98.2 | $5977 | $1524 | 8 |
| One Vanderbilt Avenue | 55.0 | Grand Central | Fee Interest | 34885 | 2.4 | 100.0 | 100.0 | 100.0 | 100.0 | 5937 | 3265 | 7 |
| 11 Madison Avenue | 60.0 | Park Avenue South | Fee Interest | 37325 | 2.6 | 100.0 | 100.0 | 100.0 | 100.0 | 3878 | 2327 | 3 |
| 100 Park Avenue | 50.8 | Grand Central South | Fee Interest | 38556 | 2.6 | 100.0 | 100.0 | 100.0 | 100.0 | 3407 | 1731 | 7 |
| 220 East 42nd Street | 51.0 | Grand Central | Fee Interest | 33866 | 2.3 | 81.0 | 81.0 | 81.0 | 81.0 | 1957 | 998 | 4 |
| 245 Park Avenue | 50.1 | Park Avenue | Fee Interest | 31014 | 2.1 | 93.5 | 57.0 | 93.5 | 57.0 | 1163 | 583 | 2 |
| 280 Park Avenue | 50.0 | Park Avenue | Fee Interest | 28219 | 1.9 | 100.0 | 100.0 | 100.0 | 100.0 | 1673 | 837 | 3 |
| 450 Park Avenue | 25.1 | Park Avenue | Fee Interest | 6317 | 0.4 | 100.0 | 100.0 | 100.0 | 100.0 | 1845 | 463 | 1 |
| 919 Third Avenue | 51.0 | Grand Central North | Fee Interest | 29441 | 2.0 | 100.0 | 100.0 | 100.0 | 100.0 | 3936 | 2007 | 4 |
| 1515 Broadway | 56.9 | Times Square | Fee Interest | 182011 | 12.6 | 99.8 | 99.8 | 99.8 | 99.8 | 32657 | 18581 | 7 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **531527** | **36.4%** | **98.3%** | **96.2%** | **98.3%** | **95.8%** | **$62430** | **$32316** | **46** |
| **Total / Weighted Average Other Retail** | **Total / Weighted Average Other Retail** | **Total / Weighted Average Other Retail** |  | **1058701** | **72.6%** | **95.9%** | **94.3%** | **94.5%** | **93.1%** | **$116960** | **$86846** | **120** |
| (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. |
| (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. |
| (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. |
| (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. | (4) Redevelopment properties. |

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Supplemental Information 34 Fourth Quarter 2025

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| | |
|:---|:---|
| **SELECTED PROPERTY DATA - CONTINUED**<br>**Retail Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **Annualized Contractual<br>Cash Rent** | **Annualized Contractual<br>Cash Rent** | **Total Tenants** |
| | **Ownership** | | | | | | **Occupancy %** | **Occupancy %** | **Occupancy %** | **Occupancy %** | | | |
| **<u>Properties</u>** | **<u>Interest (%)</u>** | **<u>SubMarket</u>** | **<u>Ownership</u>** | | | | **Leased (2)** | **Occupied (3)** | **Leased (2)** | **Occupied (3)** | | | |
| **ALTERNATIVE STRATEGY PORTFOLIO - Unconsolidated Properties** | **ALTERNATIVE STRATEGY PORTFOLIO - Unconsolidated Properties** | **ALTERNATIVE STRATEGY PORTFOLIO - Unconsolidated Properties** | **ALTERNATIVE STRATEGY PORTFOLIO - Unconsolidated Properties** |<br>**<u>Square Feet (1)</u>** | |<br>**% of Total**<br>**<u>Sq. Feet</u>** | | | | |<br>**($'s)** |<br>**SLG Share ($'s)** | |
| 2 Herald Square | 95.0 | Herald Square | Leasehold Interest | 94531 |  | 6.5 | 40.6 | 40.6 | 40.6 | 40.6 | $15118 | $14363 | 3 |
| 11 West 34th Street | 30.0 | Herald Square/Penn Station | Fee Interest | 17150 |  | 1.2 | 100.0 | 100.0 | 100.0 | 100.0 | 3680 | 1104 | 1 |
| 115 Spring Street | 51.0 | Soho | Fee Interest | 5218 |  | 0.4 | 100.0 | 100.0 | 100.0 | 100.0 | 4202 | 2143 | 1 |
| 650 Fifth Avenue | 50.0 | Plaza District | Leasehold Interest | 69214 |  | 4.7 | 100.0 | 100.0 | 100.0 | 100.0 | 42574 | 21287 | 1 |
| Worldwide Plaza | 25.1 | Westside | Fee Interest | 10592 | (4) | 0.7 | 84.9 | 84.9 | 84.9 | 84.9 | 1251 | 313 | 7 |
| **Subtotal / Weighted Average** | **Subtotal / Weighted Average** |  |  | **196705** |  | **13.5%** | **70.6%** | **70.6%** | **70.6%** | **70.6%** | **$66825** | **$39210** | **13** |
| **Total / Weighted Average Alternative Strategy Portfolio** | **Total / Weighted Average Alternative Strategy Portfolio** | **Total / Weighted Average Alternative Strategy Portfolio** |  | **196705** |  | **13.5%** | **70.6%** | **70.6%** | **70.6%** | **70.6%** | **$66825** | **$39210** | **13** |
| **Retail Grand Total / Weighted Average** | **Retail Grand Total / Weighted Average** |  |  | **1458060** |  | **100.0%** | **89.8%** | **88.6%** | **91.0%** | **90.0%** | **$220492** | **$160213** | **143** |
| (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. |
| (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. | (2) Inclusive of leases signed but not yet commenced. |
| (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. | (3) Based on commenced leases. For GAAP purposes revenue may not yet be recognized for certain commenced leases. |
| (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. | (4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet. |

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Supplemental Information 35 Fourth Quarter 2025

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| | |
|:---|:---|
| **LARGEST TENANTS BY SLG SHARE OF ANNUALIZED CASH RENT** <sup>(1)</sup><br>**Unaudited**<br>(Dollars in Thousands Except Per SF) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Ownership Interest %** | **Lease Expiration (2)** | **Total Rentable Square Feet** | **Annualized Contractual Cash Rent ($)** | **SLG Share of Annualized Contractual Cash Rent ($)** | **% of SLG Share of Annualized Contractual Cash Rent (3)** | **Annualized Contractual Rent PSF** | | **Investment Grade Credit Rating (4)** |
|<br>**Tenant Name** |<br>**Property** | **Ownership Interest %** | **Lease Expiration (2)** | **Total Rentable Square Feet** | **Annualized Contractual Cash Rent ($)** | **SLG Share of Annualized Contractual Cash Rent ($)** | **% of SLG Share of Annualized Contractual Cash Rent (3)** | **Annualized Contractual Rent PSF** | | **Investment Grade Credit Rating (4)** |
| Paramount Global | 1515 Broadway | 56.9 | Jun 2031 | 1604544 | $109553 | $62335 | 4.4% | $68.28 |  |  |
|  | 555 West 57th Street | 100.0 | Apr 2029 | 186266 | 10998 | 10998 | 0.8% | 59.04 |  |  |
|  | 1515 Broadway | 56.9 | Mar 2028 | 9106 | 2219 | 1263 | 0.1% | 243.73 |  |  |
|  |  |  |  | 1799916 | $122770 | $74596 | 5.3% | $68.21 |  | BBB- |
| UBS Americas, Inc. | 11 Madison Avenue | 60.0 | May 2037 | 1184489 | $80929 | $48558 | 3.4% | $68.32 |  | A+ |
| Bloomberg L.P. | 919 Third Avenue | 51.0 | Feb 2040 | 926156 | $63990 | $32635 | 2.3% | $69.09 |  |  |
| Sony Corporation | 11 Madison Avenue | 60.0 | Jan 2031 | 578791 | $53094 | $31857 | 2.2% | $91.73 |  | A |
| McDermott Will & Emery LLP | One Vanderbilt Avenue | 55.0 | Dec 2042 | 169586 | $31538 | $17346 | 1.2% | $185.97 |  |  |
|  | 919 Third Avenue | 51.0 | Jun 2036 | 281651 | 20945 | 10682 | 0.8% | 74.36 |  |  |
|  | 420 Lexington Avenue | 100.0 | Oct 2026 | 10043 | 641 | 641 |  | 63.82 |  |  |
|  |  |  |  | 461280 | $53124 | $28669 | 2.0% | $115.17 |  |  |
| Societe Generale | 245 Park Avenue | 50.1 | Oct 2032 | 520831 | $50120 | $25110 | 1.8% | $96.23 |  | A |
| The City of New York | 100 Church Street | 100.0 | Mar 2034 | 510007 | $22925 | $22925 | 1.6% | $44.95 |  | Aa2 |
| Metro-North Commuter Railroad Company | 420 Lexington Avenue | 100.0 | Nov 2034 | 344873 | $22097 | $22097 | 1.6% | $64.07 |  |  |
|  | 420 Lexington Avenue | 100.0 | Jan 2027 | 7537 | 454 | 454 |  | 60.20 |  |  |
|  |  |  |  | 352410 | $22551 | $22551 | 1.6% | $63.99 | (5) | A1 |
| Nike Retail Services, Inc. | 650 Fifth Avenue | 50.0 | Jan 2033 | 69214 | $42574 | $21287 | 1.5% | $615.10 |  | A+ |
| WME IMG, LLC | 304 Park Avenue | 100.0 | Apr 2028 | 174069 | $14225 | $14226 | 1.0% | $81.73 |  |  |
|  | 11 Madison Avenue | 60.0 | Sep 2030 | 104618 | 11370 | 6822 | 0.5% | $108.68 |  |  |
|  |  |  |  | 278687 | $25595 | $21048 | 1.5% | $91.84 |  |  |
| Franklin Templeton Companies LLC | One Madison Avenue | 25.5 | May 2040 | 354976 | $48970 | $12977 | 0.9% | $137.95 |  |  |
|  | 280 Park Avenue | 50.0 | Nov 2031 | 128993 | 14165 | 7083 | 0.5% | $109.81 |  |  |
|  |  |  |  | 483969 | $63135 | $20060 | 1.4% | $130.45 |  | A |
| TD Bank US Holding Company | One Vanderbilt Avenue | 55.0 | Jul 2041 | 193159 | $26196 | $14408 | 1.1% | $135.62 | (5) |  |
|  | One Vanderbilt Avenue | 55.0 | Aug 2041 | 6843 | 3247 | 1786 | 0.1% | 474.45 |  |  |
|  | 125 Park Avenue | 100.0 | Oct 2030 | 26536 | 1959 | 1959 | 0.1% | 73.81 |  |  |
|  | 125 Park Avenue | 100.0 | Mar 2034 | 25171 | 1652 | 1652 | 0.1% | 65.64 |  |  |
|  |  |  |  | 251709 | $33054 | $19805 | 1.4% | $131.32 |  | A+ |
| Carlyle Investment Management LLC | One Vanderbilt Avenue | 55.0 | Sep 2036 | 194702 | $34744 | $19109 | 1.3% | $178.45 | (5) | A- |
| Giorgio Armani Corporation | 760 Madison Avenue | 100.0 | Oct 2038 | 22648 | $18554 | $18554 | 1.3% | $819.24 |  |  |
| Ares Management LLC | 245 Park Avenue | 50.1 | Jun 2043 | 251175 | $29840 | $14950 | 1.1% | $118.80 |  |  |
|  | 245 Park Avenue | 50.1 | Dec 2028 | 36316 | 3741 | 1874 | 0.1% | $103.00 |  |  |
|  |  |  |  | 287491 | $33581 | $16824 | 1.2% | $116.81 |  | A- |
| PJT Partners Holdings LP | 280 Park Avenue | 50.0 | Jun 2041 | 269821 | $32508 | $16254 | 1.1% | $120.48 |  |  |
| Hess Corp | 1185 Avenue of the Americas | 100.0 | Dec 2027 | 167169 | $16156 | $16156 | 1.1% | $96.64 |  | AA- |
| The Toronto Dominion Bank | One Vanderbilt Avenue | 55.0 | Apr 2042 | 142892 | $21330 | $11732 | 0.8% | $149.28 | (5) |  |
|  | 125 Park Avenue | 100.0 | Apr 2042 | 52450 | 3611 | 3611 | 0.3% | $68.85 |  |  |
|  |  |  |  | 195342 | $24941 | $15343 | 1.1% | $127.68 |  | A+ |
| BMW of Manhattan, Inc. | 555 West 57th Street | 100.0 | Jul 2032 | 226556 | $13474 | $13474 | 0.9% | $59.47 |  | A |
|  | One Vanderbilt Avenue | 55.0 | Dec 2037 | 97652 | $23319 | $12823 | 0.9% | $238.79 |  |  |
| **Total** |  |  |  | **8878840** | **$831138** | **$497638** | **34.9%** |  |  |  |
| (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. | (1) Based on commenced leases. |
| (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. | (2) Expiration of current lease term and does not reflect extension options. |
| (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. | (3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties. |
| (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. | (4) Corporate or bond rating from S&P, Fitch or Moody's. |
| (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. | (5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent. |

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Supplemental Information 36 Fourth Quarter 2025

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|:---|:---|
| **TENANT DIVERSIFICATION - MANHATTAN COMMERCIAL** <br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

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![chart-2c767db76d50431299fa.jpg](chart-2c767db76d50431299fa.jpg)![chart-5d48d76ba8844d1787ca.jpg](chart-5d48d76ba8844d1787ca.jpg)

Supplemental Information 37 Fourth Quarter 2025

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|:---|:---|
| **LEASING ACTIVITY - MANHATTAN OPERATING PROPERTIES**<br>**Available Space**<br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Activity</u>** | **<u>Building Address</u>** | **<u># of Leases</u>** | **<u>Square Feet (1)</u>** | **<u>Rentable SF</u>** | **Escalated<br>Rent/Rentable SF ($'s)(2)** |
| ***Available Space at 9/30/25*** | ***Available Space at 9/30/25*** |  | **2323919** |  |  |
| ***Space which became available during the Quarter (3):*** | ***Space which became available during the Quarter (3):*** |  |  |  |  |
| ***Office*** |  |  |  |  |  |
|  | 10 East 53rd Street | 4 | 21955 | 25043 | $89.70 |
|  | 100 Park Avenue | 1 | 832 | 2021 | 87.76 |
|  | 110 Greene Street | 5 | 8424 | 8396 | 95.17 |
|  | 125 Park Avenue | 1 | 4060 | 4174 | 77.97 |
|  | 220 East 42nd Street | 2 | 13263 | 14684 | 68.31 |
|  | 280 Park Avenue | 1 | 4637 | 4171 | 100.22 |
|  | 420 Lexington Avenue | 7 | 11378 | 15278 | 62.33 |
|  | 450 Park Avenue | 3 | 31209 | 31015 | 117.50 |
|  | 461 Fifth Avenue | 1 | 3898 | 4051 | 107.37 |
|  | 810 Seventh Avenue | 2 | 28091 | 31135 | 64.44 |
|  | 1185 Avenue of the Americas | 2 | 200356 | 206628 | 96.54 |
|  | 1350 Avenue of the Americas | 1 | 2743 | 2578 | 92.32 |
|  | ***Total/Weighted Average*** | **30** | **330846** | **349174** | **$92.13** |
| ***Retail*** |  |  |  |  |  |
|  | 125 Park Avenue | 1 | 7201 | 6234 | $342.11 |
|  | 500 Park Avenue | 1 | 2955 | 2955 | 28.43 |
|  | ***Total/Weighted Average*** | **2** | **10156** | **9189** | **$241.24** |
| ***Storage*** |  |  |  |  |  |
|  | 110 Greene Street | 1 | 170 | 172 | $25.00 |
|  | 1185 Avenue of the Americas | 1 | 3858 | 3858 | 43.84 |
|  | ***Total/Weighted Average*** | **2** | **4028** | **4030** | **$43.04** |
|  | **Total Space which became available during the Quarter** |  |  |  |  |
|  | ***Office*** | **30** | **330846** | **349174** | **$92.13** |
|  | ***Retail*** | **2** | **10156** | **9189** | **$241.24** |
|  | ***Storage*** | **2** | **4028** | **4030** | **$43.04** |
|  |  | **34** | **345030** | **362393** | **$95.36** |
|  | ***Total Available Space*** |  | **2668949** |  |  |
| (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. |
| (2) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (2) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (2) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (2) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (2) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (2) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. |
| (3) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover. | (3) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover. | (3) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover. | (3) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover. | (3) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover. | (3) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover. |

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Supplemental Information 38 Fourth Quarter 2025

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|:---|:---|
| **LEASING ACTIVITY - MANHATTAN OPERATING PROPERTIES**<br>**Commenced Leasing**<br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Activity** | **Building Address** | **# of Leases** | **Term (Yrs)** | **Square Feet (1)** | **Rentable SF** | **New Cash Rent / Rentable SF(2)** | **Prev. Escalated Rent/ Rentable SF(3)** | **TI / Rentable SF** | **Free Rent 

# of Months** |
| **Available Space** |  |  |  | **2668949** |  |  |  |  |  |
| **Office** |  |  |  |  |  |  |  |  |  |
|  | 10 East 53rd Street | 2 | 8.1 | 14673 | 16755 | $98.50 | $95.65 | $51.22 | 6.9 |
|  | 100 Park Avenue | 1 | 11.0 | 11953 | 10889 | 90.00 | 93.08 | 139.39 | 12.0 |
|  | 110 Greene Street | 4 | 6.6 | 14140 | 14323 | 104.76 | 94.51 | 16.82 | 4.5 |
|  | 125 Park Avenue | 1 | 9.3 | 2172 | 2302 | 70.00 | 22.27 | 161.81 | 6.0 |
|  | 220 East 42nd Street | 2 | 6.9 | 18792 | 21485 | 59.75 | 67.04 | 103.20 | 3.3 |
|  | 245 Park Avenue | 1 | 8.5 | 38363 | 37224 | 185.00 |  | 95.31 | 6.0 |
|  | 280 Park Avenue | 1 | 8.6 | 7810 | 9226 | 105.00 |  | 45.00 | 6.0 |
|  | 420 Lexington Avenue | 6 | 4.5 | 11775 | 19680 | 67.13 | 71.69 | 107.77 | 3.4 |
|  | 450 Park Avenue | 1 | 1.8 | 10586 | 10392 | 126.93 | 105.81 |  |  |
|  | 461 Fifth Avenue | 2 | 7.6 | 10537 | 11185 | 91.71 | 93.52 | 98.31 | 7.0 |
|  | 800 Third Avenue | 1 | 11.2 | 2476 | 2533 | 60.00 |  | 140.00 | 14.0 |
|  | 810 Seventh Avenue | 5 | 7.3 | 44808 | 50076 | 64.29 | 63.64 | 76.28 | 6.1 |
|  | 885 Third Avenue | 1 | 16.5 | 7122 | 7138 | 82.00 |  |  | 6.0 |
|  | 1185 Avenue of the Americas | 3 | 2.4 | 52252 | 54007 | 51.95 | 100.70 |  | 2.4 |
|  | 1350 Avenue of the Americas | 1 | 10.0 | 2743 | 2578 | 92.00 | 92.32 | 17.02 | 4.0 |
|  | ***Total/Weighted Average*** | **32** | **6.6** | **250202** | **269793** | **$89.32** | **$88.33** | **$61.56** | **5.0** |
| **Retail** |  |  |  |  |  |  |  |  |  |
|  | One Madison Avenue | 1 | 15.5 | 2034 | 1966 | $81.38 | $— | $254.32 | 6.0 |
|  | 125 Park Avenue | 1 | 15.6 | 6955 | 17017 | $39.67 | 75.70 | 17.63 | 8.0 |
|  | 500 Park Avenue | 1 | 0.5 | 2955 | 2471 | 34.00 | 34.00 |  |  |
|  | 1185 Avenue of the Americas | 1 | 10.3 | 779 | 787 | 30.50 |  |  | 4.0 |
|  | ***Total/Weighted Average*** | **4** | **13.7** | **12723** | **22241** | **$42.40** | **$70.41** | **$35.97** | **6.8** |
| **Storage** |  |  |  |  |  |  |  |  |  |
|  | 1185 Avenue of the Americas | 1 | 0.7 | 3858 | 4017 | $38.00 | $— | $— | 1.0 |
|  | ***Total/Weighted Average*** | **1** | **0.7** | **3858** | **4017** | **$38.00** | **$—** | **$—** | **1.0** |
| **Leased Space** |  |  |  |  |  |  |  |  |  |
|  | ***Office (4)*** | **32** | **6.6** | **250202** | **269793** | **$89.32** | **$88.33** | **$61.56** | **5.0** |
|  | ***Retail*** | **4** | **13.7** | **12723** | **22241** | **$42.40** | **$70.41** | **$35.97** | **6.8** |
|  | ***Storage*** | **1** | **0.7** | **3858** | **4017** | **$38.00** | **$—** | **$—** | **1.0** |
|  | ***Total*** | **37** | **7.0** | **266783** | **296051** | **$85.10** | **$85.88** | **$58.80** | **5.1** |
| ***Total Available Space as of 12/31/25*** | ***Total Available Space as of 12/31/25*** |  |  | **2402166** |  |  |  |  |  |
| ***Early Renewals*** |  |  |  |  |  |  |  |  |  |
| **Office** |  |  |  |  |  |  |  |  |  |
|  | 100 Park Avenue | 1 | 1.0 | 24839 | 27825 | $67.70 | $67.70 | $— |  |
|  | 125 Park Avenue | 1 | 5.3 | 10303 | 10961 | 77.21 | 75.39 | 16.39 | 3.0 |
|  | 280 Park Avenue | 1 | 5.4 | 38733 | 40639 | 115.00 | 103.28 | 45.00 | 5.0 |
|  | 420 Lexington Avenue | 2 | 1.4 | 3081 | 4246 | 66.92 | $61.16 |  |  |
|  | 800 Third Avenue | 2 | 3.6 | 24597 | 26977 | 63.71 | 57.00 | 23.24 | 1.8 |
|  | 810 Seventh Avenue | 1 | 0.6 | 5912 | 7284 | 68.47 | 60.54 |  |  |
|  | 885 Third Avenue | 1 | 10.8 | 3350 | 3350 | 75.00 | 99.39 | 56.74 | 5.0 |
|  | ***Total/Weighted Average*** | **9** | **3.7** | **110815** | **121282** | **$83.74** | **$78.15** | **$23.30** | **2.5** |
| **Retail** |  |  |  |  |  |  |  |  |  |
|  | 420 Lexington Avenue | 1 | 5.0 | 274 | 205 | $90.00 | $119.05 |  |  |
|  | 1515 Broadway | 1 | 2.0 | 6721 | 7020 | 462.96 | 1266.32 |  |  |
|  | ***Total/Weighted Average*** | **2** | **2.1** | **6995** | **7225** | **$452.38** | **$1233.77** | **$—** | **—** |
| **Storage** |  |  |  |  |  |  |  |  |  |
|  | 420 Lexington Avenue | 1 | 1.6 | 291 | 291 | $33.77 | $31.84 |  |  |
|  | ***Total/Weighted Average*** | **1** | **1.6** | **291** | **291** | **$33.77** | **$31.84** | **$—** | **—** |
| **Renewals** |  |  |  |  |  |  |  |  |  |
|  | ***Early Renewals Office*** | **9** | **3.7** | **110815** | **121282** | **$83.74** | **$78.15** | **$23.30** | **2.5** |
|  | ***Early Renewals Retail*** | **2** | **2.1** | **6995** | **7225** | **$452.38** | **$1233.77** | **$—** | **—** |
|  | ***Early Renewals Storage*** | **1** | **1.6** | **291** | **291** | **$33.77** | **$31.84** | **$—** | **—** |
|  | ***Total*** | **12** | **3.6** | **118101** | **128798** | **$104.31** | **$142.87** | **$21.94** | **2.3** |
| (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. | (1) Represents the rentable square footage at the time the property was acquired. |
| (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. | (2) Annual initial base rent. |
| (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. | (3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions. |
| (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. | (4) Average starting office rent excluding new tenants replacing vacancies is $84.89/rsf for 123,086 rentable SF. |
| &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. | &nbsp;&nbsp;&nbsp;&nbsp; Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $84.32/rsf for 244,368 rentable SF. |

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Supplemental Information 39 Fourth Quarter 2025

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| | |
|:---|:---|
| **LEASE EXPIRATIONS - MANHATTAN OPERATING PROPERTIES**<br>**Office, Retail and Storage Leases**<br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Year of Lease Expiration** | **Number of Expiring Leases (1)** | **Rentable Square Footage of Expiring Leases** | **SLG Share<br>Rentable Square Footage of Expiring Leases** | **Percentage of Total <br>Sq. Ft.** | **Annualized Contractual Cash Rent of Expiring Leases** | **SLG Share<br>Annualized Contractual Cash Rent of Expiring Leases** | **Annualized Contractual Cash Rent Per Square Foot of Expiring Leases $/psf (2)** |
| **Wholly-Owned and Consolidated JV Properties** | **Wholly-Owned and Consolidated JV Properties** | **Wholly-Owned and Consolidated JV Properties** | **Wholly-Owned and Consolidated JV Properties** | **Wholly-Owned and Consolidated JV Properties** | **Wholly-Owned and Consolidated JV Properties** | **Wholly-Owned and Consolidated JV Properties** | **Wholly-Owned and Consolidated JV Properties** |
| **2025 (3)** | **11** | **45517** | **45517** | **0.5%** | **$3353483** | **$3353483** | **$73.68** |
| 1st Quarter 2026 | 17 | 100528 | 100528 | 1.2% | $8370914 | $8370914 | $83.27 |
| 2nd Quarter 2026 | 23 | 132201 | 132201 | 1.6% | 9925904 | 9925904 | 75.08 |
| 3rd Quarter 2026 | 20 | 251020 | 251020 | 3.0% | 13673716 | 13673716 | 54.47 |
| 4th Quarter 2026 | 25 | 326307 | 326307 | 3.8% | 23720827 | 23720827 | 72.69 |
| **Total 2026** | 85 | 810056 | 810056 | 9.6% | $55691361 | $55691361 | $68.75 |
| 2027 | 79 | 722097 | 722097 | 8.6% | 58250447 | 58250447 | $80.67 |
| 2028 | 77 | 689431 | 689431 | 8.2% | 51965011 | 51965011 | 75.37 |
| 2029 | 69 | 773834 | 773834 | 9.2% | 54798643 | 54798643 | 70.81 |
| 2030 | 63 | 994055 | 994055 | 11.8% | 71101131 | 71101131 | 71.53 |
| 2031 | 37 | 324063 | 324063 | 3.9% | 25158396 | 25158396 | 77.63 |
| 2032 | 31 | 814040 | 814040 | 9.7% | 53029491 | 53029491 | 65.14 |
| 2033 | 27 | 423786 | 423786 | 5.0% | 33888479 | 33888479 | 79.97 |
| 2034 | 34 | 1314808 | 1314808 | 15.6% | 77371038 | 77371038 | 58.85 |
| **Thereafter** | 79 | 1491915 | 1491915 | 17.9% | 106409659 | 106409659 | 71.32 |
| **Grand Total** | **592** | **8403602** | **8403602** | **100.0%** | **$591017139** | **$591017139** | **$70.33** |
| **Unconsolidated JV Properties** | **Unconsolidated JV Properties** | **Unconsolidated JV Properties** | **Unconsolidated JV Properties** | **Unconsolidated JV Properties** | **Unconsolidated JV Properties** | **Unconsolidated JV Properties** | **Unconsolidated JV Properties** |
| **2025 (3)** | **3** | **37509** | **18850** | **0.3%** | **$2915466** | **$1462867** | **$77.73** |
| 1st Quarter 2026 | 1 | 31164 | 7822 | 0.2% | $3998665 | $1003665 | $128.31 |
| 2nd Quarter 2026 | 4 | 28869 | 14478 | 0.2% | 2764194 | 1385491 | 95.75 |
| 3rd Quarter 2026 | 4 | 57738 | 29307 | 0.4% | 8930962 | 4570300 | 154.68 |
| 4th Quarter 2026 | 6 | 68148 | 34321 | 0.6% | 6668937 | 3355402 | 97.86 |
| **Total 2026** | 15 | 185919 | 85928 | 1.4% | $22362758 | $10314858 | $120.28 |
| 2027 | 22 | 281047 | 126598 | 2.1% | $36883021 | $17211749 | $131.23 |
| 2028 | 24 | 265713 | 131808 | 2.0% | 41948216 | 21535772 | 157.87 |
| 2029 | 12 | 118185 | 57029 | 0.9% | 14135688 | 6544235 | 119.61 |
| 2030 | 15 | 262767 | 139491 | 2.0% | 34983745 | 18707521 | 133.14 |
| 2031 | 24 | 2853460 | 1590467 | 21.6% | 222963801 | 123409134 | 78.14 |
| 2032 | 13 | 991547 | 504448 | 7.5% | 89930850 | 45673743 | 90.70 |
| 2033 | 11 | 267630 | 137287 | 2.0% | 29005780 | 15106160 | 108.38 |
| 2034 | 7 | 390369 | 191500 | 3.0% | 38860134 | 19142010 | 99.55 |
| **Thereafter** | 91 | 7539270 | 3724070 | 57.2% | 780636723 | 379947771 | 103.54 |
| **Grand Total** | **237** | **13193416** | **6707476** | **100.0%** | **$1314626182** | **$659055820** | **$99.64** |
| (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. |
| (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. |
| (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. |

---

Supplemental Information 40 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **LEASE EXPIRATIONS** <br>**Retail Leases Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties**<br>**Wholly-Owned and Consolidated JV's**<br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Year of Lease Expiration** | **Number of Expiring Leases (1)** | **Rentable Square Footage of Expiring Leases** | **SLG Share<br>Rentable Square Footage of Expiring Leases** | **Percentage of Total <br>Sq. Ft.** | **Annualized Contractual Cash Rent of Expiring Leases** | **SLG Share<br>Annualized Contractual Cash Rent of Expiring Leases** | **Annualized Contractual Cash Rent Per Square Foot of Expiring Leases $/psf (2)** |
| **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** |
| 2025 (3) |  |  |  | —% | $— | $— | $— |
| 2026 |  |  |  | —% |  |  |  |
| 2027 |  |  |  | —% |  |  |  |
| 2028 |  |  |  | —% |  |  |  |
| 2029 | 2 | 2238 | 2238 | 1.6% | 558108 | 558108 | 249.38 |
| 2030 | 1 | 2418 | 2418 | 1.7% | 594141 | 594140.88 | 245.72 |
| 2031 |  |  |  | —% |  |  |  |
| 2032 | 1 | 1445 | 1445 | 1.0% | 258757 | 258757 | 179.07 |
| 2033 | 2 | 10844 | 10050 | 7.6% | 4928464 | 4478063 | 454.49 |
| 2034 |  |  |  | —% |  |  |  |
| Thereafter | 3 | 125027 | 125027 | 88.1% | 26167491 | 26167491 | 209.29 |
|  | **9** | **141972** | **141178** | **100.0%** | **$32506961** | **$32056560** | **$228.97** |
| Vacancy (4) |  | 48529 |  |  |  |  |  |
| **Grand Total** |  | **190501** |  |  |  |  |  |
| **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** |
| 2025 (3) |  |  |  | —% | $— | $— | $— |
| 2026 | 5 | 15170 | 15170 | 3.1% | 1641196 | 1641196 | 108.19 |
| 2027 | 4 | 26476 | 26476 | 5.4% | 4412071 | 4412071 | 166.64 |
| 2028 | 5 | 16034 | 16034 | 3.3% | 3140438 | 3140438 | 195.86 |
| 2029 | 4 | 27702 | 27702 | 5.6% | 2610517 | 2610517 | 94.24 |
| 2030 | 5 | 44135 | 44135 | 9.0% | 6540064 | 6540064 | 148.18 |
| 2031 | 4 | 7548 | 7548 | 1.5% | 1257170 | 1257170 | 166.56 |
| 2032 | 9 | 77963 | 77963 | 15.9% | 6874377 | 6874377 | 88.17 |
| 2033 | 6 | 61578 | 61578 | 12.5% | 7970826 | 7970826 | 129.44 |
| 2034 | 10 | 37193 | 37193 | 7.6% | 2286750 | 2286750 | 61.48 |
| Thereafter | 22 | 177851 | 177851 | 36.1% | 17796278 | 17796278 | 100.06 |
|  | **74** | **491650** | **491650** | **100.0%** | **$54529687** | **$54529687** | **$110.91** |
| Vacancy (4) |  | 39941 |  |  |  |  |  |
| **Grand Total** |  | **531591** |  |  |  |  |  |
| (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. |
| (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. |
| (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. |
| (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. |

---

Supplemental Information 41 Fourth Quarter 2025

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---

| | |
|:---|:---|
| **LEASE EXPIRATIONS** <br>**Retail Leases Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties**<br>**Unconsolidated JV's**<br>**Unaudited** | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Year of Lease Expiration** | **Number of Expiring Leases (1)** | **Rentable Square Footage of Expiring Leases** | **SLG Share<br>Rentable Square Footage of Expiring Leases** | **Percentage of Total <br>Sq. Ft.** | **Annualized Contractual Cash Rent of Expiring Leases** | **SLG Share<br>Annualized Contractual Cash Rent of Expiring Leases** | **Annualized Contractual Cash Rent Per Square Foot of Expiring Leases $/psf (2)** |
| **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** | **High Street Retail** |
| 2025 (3) |  |  |  | —% | $— | $— | $— |
| 2026 |  |  |  | —% |  |  |  |
| 2027 |  |  |  | —% |  |  |  |
| 2028 |  |  |  | —% |  |  |  |
| 2029 |  |  |  | —% |  |  |  |
| 2030 |  |  |  | —% |  |  |  |
| 2031 |  |  |  | —% |  |  |  |
| 2032 |  |  |  | —% |  |  |  |
| 2033 |  |  |  | —% |  |  |  |
| 2034 |  |  |  | —% |  |  |  |
| Thereafter | 1 | 12520 | 6260 | 100.0% | 4200000 | 2100000 | 335.46 |
|  | **1** | **12520** | **6260** | **100.0%** | **$4200000** | **$2100000** | **$335.46** |
| Vacancy (4) |  |  |  |  |  |  |  |
| **Grand Total** |  | **12520** |  |  |  |  |  |
| **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** | **Other Retail** |
| 2025 (3) |  |  |  | —% | $— | $— | $— |
| 2026 |  |  |  | —% |  |  |  |
| 2027 | 3 | 19225 | 10237 | 3.8% | 11850162 | 6688294 | 616.39 |
| 2028 | 4 | 29892 | 16169 | 5.9% | 12435230 | 6994744 | 416.01 |
| 2029 | 2 | 28316 | 14785 | 5.6% | 4172759 | 1859876 | 147.36 |
| 2030 | 2 | 11970 | 6811 | 2.4% | 7119628 | 4051069 | 594.79 |
| 2031 | 5 | 47335 | 24141 | 9.3% | 4401772 | 2302524 | 92.99 |
| 2032 | 2 | 18864 | 9499 | 3.7% | 1359810 | 686176 | 72.08 |
| 2033 | 2 | 4721 | 2412 | 0.9% | 589969 | 301198 | 124.97 |
| 2034 | 1 | 2133 | 1067 | 0.4% | 121164 | 60582 | 56.80 |
| Thereafter | 25 | 346079 | 159310 | 68.0% | 20379393 | 9372003 | 58.89 |
|  | **46** | **508535** | **244431** | **100.0%** | **$62429887** | **$32316466** | **$122.76** |
| Vacancy (4) |  | 24058 |  |  |  |  |  |
| **Grand Total** |  | **532593** |  |  |  |  |  |
| **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** | **Alternative Strategy Portfolio** |
| 2025 (3) | 1 | 1277 | 320 | 1.0% | $108000 | $27054 | $84.57 |
| 2026 | 3 | 17869 | 6382 | 13.4% | 7956860 | 3265722 | 445.29 |
| 2027 | 1 | 1685 | 422 | 1.3% | 457341 | 114564 | 271.42 |
| 2028 | 1 | 1819 | 456 | 1.4% | 220754 | 55299 | 121.36 |
| 2029 | 2 | 1425 | 938 | 1.1% | 632536 | 524663 | 443.88 |
| 2030 |  |  |  | —% |  |  |  |
| 2031 | 2 | 23536 | 21079 | 17.6% | 7731078 | 7209147 | 328.48 |
| 2032 |  |  |  | —% |  |  |  |
| 2033 | 2 | 85557 | 50132 | 63.7% | 49631446 | 27991771 | 580.10 |
| 2034 |  |  |  | —% |  |  |  |
| Thereafter | 1 | 647 | 162 | 0.5% | 87312 | 21872 | 134.95 |
|  | **13** | **133815** | **79891** | **100.0%** | **$66825327** | **$39210092** | **$499.39** |
| Vacancy (4) |  | 56625 |  |  |  |  |  |
| **Grand Total** |  | **190440** |  |  |  |  |  |
| (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. | (1) Tenants may have multiple leases. |
| (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. | (2) Represents in place annualized contractual cash rent allocated by year of expiration. |
| (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. | (3) Includes month to month holdover tenants that expired prior to December 31, 2025. |
| (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. | (4) Includes square footage of leases signed but not yet commenced. |

---

Supplemental Information 42 Fourth Quarter 2025

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| | |
|:---|:---|
| **SUMMARY OF REAL ESTATE ACQUISITION ACTIVITY** <br>**Manhattan Office**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | **Occupancy (%)** | **Occupancy (%)** |
|<br>**2001 - 2024 Acquisitions** |<br>**<u>Property</u>** |<br>**<u>Submarket</u>** |<br>**<u>Interest Acquired</u>** |<br>**<u>Type of Ownership</u>** |<br>**<u>Net Rentable SF</u>** | **Gross Asset**<br>**<u>Valuation ($'s)</u>** | **<u>at acquisition</u>** | **<u>12/31/2025</u>** |
| Jun-01 | 317 Madison Avenue | Grand Central | 100.0% | Fee Interest | 450000 | $105600 | 95.0 | N/A |
| Sep-01 | 1250 Broadway | Penn Station | 49.9 | Fee Interest | 670000 | 126500 | 97.7 | N/A |
| May-02 | 1515 Broadway | Times Square | 55.0 | Fee Interest | 1750000 | 483500 | 98.0 | 99.7 |
| Feb-03 | 220 East 42nd Street | Grand Central | 100.0 | Fee Interest | 1135000 | 265000 | 91.9 | 93.5 |
| Mar-03 | 125 Broad Street | Downtown | 100.0 | Fee Interest | 525000 | 92000 | 100.0 | N/A |
| Oct-03 | 461 Fifth Avenue | Midtown | 100.0 | Leasehold Interest | 200000 | 60900 | 93.9 | 85.0 |
| Dec-03 | 1221 Avenue of the Americas | Rockefeller Center | 45.0 | Fee Interest | 2550000 | 1000000 | 98.8 | N/A |
| Mar-04 | 19 West 44th Street | Midtown | 35.0 | Fee Interest | 292000 | 67000 | 86.0 | N/A |
| Jul-04 | 750 Third Avenue | Grand Central | 100.0 | Fee Interest | 779000 | 255000 | 100.0 | 4.8 |
| Jul-04 | 485 Lexington Avenue | Grand Central | 30.0 | Fee Interest | 921000 | 225000 | 100.0 | 77.8 |
| Oct-04 | 625 Madison Avenue | Plaza District | 100.0 | Leasehold Interest | 563000 | 231500 | 68.0 | N/A |
| Feb-05 | 28 West 44th Street | Midtown | 100.0 | Fee Interest | 359000 | 105000 | 87.0 | N/A |
| Apr-05 | 1 Madison Avenue | Park Avenue South | 55.0 | Fee Interest | 1177000 | 803000 | 96.0 | N/A |
| Apr-05 | 5 Madison Avenue Clock Tower | Park Avenue South | 100.0 | Fee Interest | 267000 | 115000 | N/A | N/A |
| Jun-05 | 19 West 44th Street | Midtown | 65.0 | Fee Interest |  | 91200 | 92.2 | N/A |
| Mar-06 | 521 Fifth Avenue | Midtown | 100.0 | Leasehold Interest | 460000 | 210000 | 97.0 | N/A |
| Jun-06 | 609 Fifth Avenue | Midtown | 100.0 | Fee Interest | 160000 | 182000 | 98.5 | N/A |
| Dec-06 | 485 Lexington Avenue | Grand Central | 70.0 | Fee Interest |  | 578000 | 90.5 | 77.8 |
| Dec-06 | 800 Third Avenue | Grand Central North | 43.0 | Fee Interest | 526000 | 285000 | 96.9 | 84.3 |
| Jan-07 | Reckson - NYC Portfolio | Various | 100.0 | Fee Interests / Leasehold Interest | 5612000 | 3679530 | 98.3 | 85.1 |
| Apr-07 | 331 Madison Avenue | Grand Central | 100.0 | Fee Interest | 114900 | 73000 | 97.6 | N/A |
| Apr-07 | 1745 Broadway | Midtown | 32.3 | Leasehold Interest | 674000 | 520000 | 100.0 | N/A |
| Jun-07 | 333 West 34th Street | Penn Station | 100.0 | Fee Interest | 345400 | 183000 | 100.0 | N/A |
| Aug-07 | 1 Madison Avenue | Park Avenue South | 45.0 | Fee Interest | 1177000 | 1000000 | 99.8 | N/A |
| Dec-07 | 388 & 390 Greenwich Street | Downtown | 50.6 | Fee Interest | 2635000 | 1575000 | 100.0 | N/A |
| Jan-10 | 100 Church Street | Downtown | 100.0 | Fee Interest | 1047500 | 181600 | 41.3 | 93.1 |
| May-10 | 600 Lexington Avenue | Grand Central North | 55.0 | Fee Interest | 303515 | 193000 | 93.6 | N/A |
| Aug-10 | 125 Park Avenue | Grand Central | 100.0 | Fee Interest | 604245 | 330000 | 99.1 | 98.0 |
| Jan-11 | 521 Fifth Avenue | Midtown | 49.9 | Leasehold Interest | 460000 | 245700 | 80.7 | N/A |
| Apr-11 | 1515 Broadway | Times Square | 45.0 | Fee Interest | 1750000 | 1210000 | 98.5 | 99.7 |
| May-11 | 110 East 42nd Street | Grand Central | 100.0 | Fee Interest | 205000 | 85570 | 72.6 | N/A |
| May-11 | 280 Park Avenue | Park Avenue | 49.5 | Fee Interest | 1219158 | 1110000 | 78.2 | 90.5 |
| Nov-11 | 180 Maiden Lane | Financial East | 49.9 | Fee Interest | 1090000 | 425680 | 97.7 | N/A |
| Nov-11 | 51 East 42nd Street | Grand Central | 100.0 | Fee Interest | 142000 | 80000 | 95.5 | N/A |
| Feb-12 | 10 East 53rd Street | Plaza District | 55.0 | Fee Interest | 354300 | 252500 | 91.9 | 94.1 |
| Jun-12 | 304 Park Avenue South | Midtown South | 100.0 | Fee Interest | 215000 | 135000 | 95.8 | 91.9 |
| Sep-12 | 641 Sixth Avenue | Midtown South | 100.0 | Fee Interest | 163000 | 90000 | 92.1 | N/A |
| Dec-12 | 315 West 36th Street | Times Square South | 35.5 | Fee Interest | 147619 | 46000 | 99.2 | N/A |
| May-14 | 388 & 390 Greenwich Street | Downtown | 49.4 | Fee Interest | 2635000 | 1585000 | 100.0 | N/A |
| Jul-15 | 110 Greene Street | Soho | 90.0 | Fee Interest | 223600 | 255000 | 84.0 | 92.7 |
| Aug-15 | 30 East 40th Street | Grand Central South | 60.0 | Leasehold Interest | 69446 | 4650 | 100.0 | N/A |
| Aug-15 | 11 Madison Avenue | Park Avenue South | 100.0 | Fee Interest | 2314000 | 2285000 | 71.6 | 93.0 |
| Dec-15 | 600 Lexington Avenue | Grand Central North | 45.0 | Fee Interest | 303515 | 284000 | 95.5 | N/A |
| Oct-17 | Worldwide Plaza | Westside | 24.4 | Fee Interest | 2048725 | 1725000 | 100.0 | 61.9 |
| May-18 | 2 Herald Square | Herald Square | 100.0 | Leasehold Interest | 369000 | 266000 | 81.6 | 34.5 |
| May-19 | 110 Greene Street | Soho | 10.0 | Fee Interest | 223600 | 256500 | 93.3 | 92.7 |
| Jul-20 | 885 Third Avenue | Midtown / Plaza District | 100.0 | Fee / Leasehold Interest | 625300 | 387932 | 94.8 | 81.5 |
| Oct-20 | 590 Fifth Avenue | Midtown | 100.0 | Fee Interest | 103300 | 107200 | 90.0 | N/A |
| Jun-22 | 450 Park Avenue | Park Avenue | 25.1 | Fee Interest | 337000 | 445000 | 79.8 | 90.7 |
| Sep-22 | 245 Park Avenue | Park Avenue | 100.0 | Fee Interest | 1782793 | 1960000 | 91.8 | 94.8 |
| Dec-24 | 10 East 53rd Street | Plaza District | 45.0 | Fee Interest | 354300 | 236000 | 97.6 | 94.1 |
|  |  |  |  |  | **42433216** | $**26494062** |  |  |

---

Supplemental Information 43 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **SUMMARY OF REAL ESTATE ACQUISITION ACTIVITY** <br>**Manhattan Office**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **2025 Acquisitions** | | | | | | | | |
| Jan-25 | 500 Park Avenue | Park Avenue | 100.0 | Fee Interest | 201411 | $130000 | 94.5 | 90.7 |
| Apr-25 | 100 Park Avenue | Grand Central South | 49.9 | Fee Interest | 834000 | 360000 | 93.1 | 96.8 |
| Oct-25 | 800 Third Avenue | Grand Central North | 39.5 | Fee Interest | 526000 | 205000 | 83.8 | 84.3 |
|  |  |  |  |  | **1561411** | $**695000** |  |  |

---

Supplemental Information 44 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **SUMMARY OF REAL ESTATE DISPOSITION ACTIVITY** <br>**Manhattan Office**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **Gross Asset Valuation** | **Gross Asset Valuation** |
|<br>**2001 - 2024 Dispositions** |<br>**<u>Property</u>** |<br>**<u>Submarket</u>** |<br>**<u>Interest Sold</u>** |<br>**<u>Type of Ownership</u>** |<br>**<u>Net Rentable SF</u>** | **<u>($'s)</u>** | **<u>($'s/SF)</u>** |
| Jan-01 | 633 Third Ave | Grand Central North | 100.0% | Fee Interest | 40623 | $13250 | $326 |
| May-01 | 1 Park Ave | Grand Central South | 45.0 | Fee Interest | 913000 | 233900 | 256 |
| Jun-01 | 1412 Broadway | Times Square South | 100.0 | Fee Interest | 389000 | 90700 | 233 |
| Jul-01 | 110 East 42nd Street | Grand Central | 100.0 | Fee Interest | 69700 | 14500 | 208 |
| Sep-01 | 1250 Broadway | Penn Station | 45.0 | Fee Interest | 670000 | 126500 | 189 |
| Jun-02 | 469 Seventh Avenue | Penn Station | 100.0 | Fee Interest | 253000 | 53100 | 210 |
| Mar-03 | 50 West 23rd Street | Chelsea | 100.0 | Fee Interest | 333000 | 66000 | 198 |
| Jul-03 | 1370 Broadway | Times Square South | 100.0 | Fee Interest | 255000 | 58500 | 229 |
| Dec-03 | 321 West 44th Street | Times Square | 100.0 | Fee Interest | 203000 | 35000 | 172 |
| May-04 | 1 Park Avenue | Grand Central South | 75.0 | Fee Interest | 913000 | 318500 | 349 |
| Oct-04 | 17 Battery Place North | Financial | 100.0 | Fee Interest | 419000 | 70000 | 167 |
| Nov-04 | 1466 Broadway | Times Square | 100.0 | Fee Interest | 289000 | 160000 | 554 |
| Apr-05 | 1414 Avenue of the Americas | Plaza District | 100.0 | Fee Interest | 111000 | 60500 | 545 |
| Aug-05 | 180 Madison Avenue | Grand Central | 100.0 | Fee Interest | 265000 | 92700 | 350 |
| Jul-06 | 286 & 290 Madison Avenue | Grand Central | 100.0 | Fee Interest | 149000 | 63000 | 423 |
| Aug-06 | 1140 Avenue of the Americas | Rockefeller Center | 100.0 | Leasehold Interest | 191000 | 97500 | 510 |
| Dec-06 | 521 Fifth Avenue | Grand Central | 50.0 | Leasehold Interest | 460000 | 240000 | 522 |
| Mar-07 | 1 Park Avenue | Grand Central South | 100.0 | Fee Interest | 913000 | 550000 | 602 |
| Mar-07 | 70 West 36th Street | Garment | 100.0 | Fee Interest | 151000 | 61500 | 407 |
| Jun-07 | 110 East 42nd Street | Grand Central North | 100.0 | Fee Interest | 181000 | 111500 | 616 |
| Jun-07 | 125 Broad Street | Downtown | 100.0 | Fee Interest | 525000 | 273000 | 520 |
| Jun-07 | 5 Madison Clock Tower | Park Avenue South | 100.0 | Fee Interest | 267000 | 200000 | 749 |
| Jul-07 | 292 Madison Avenue | Grand Central South | 100.0 | Fee Interest | 187000 | 140000 | 749 |
| Jul-07 | 1372 Broadway | Penn Station/Garment | 85.0 | Fee Interest | 508000 | 335000 | 659 |
| Nov-07 | 470 Park Avenue South | Park Avenue South/Flatiron | 100.0 | Fee Interest | 260000 | 157000 | 604 |
| Jan-08 | 440 Ninth Avenue | Penn Station | 100.0 | Fee Interest | 339000 | 160000 | 472 |
| May-08 | 1250 Broadway | Penn Station | 100.0 | Fee Interest | 670000 | 310000 | 463 |
| Oct-08 | 1372 Broadway | Penn Station/Garment | 15.0 | Fee Interest | 508000 | 274000 | 539 |
| May-10 | 1221 Avenue of the Americas | Rockefeller Center | 45.0 | Fee Interest | 2550000 | 1280000 | 502 |
| Sep-10 | 19 West 44th Street | Midtown | 100.0 | Fee Interest | 292000 | 123150 | 422 |
| May-11 | 28 West 44th Street | Midtown | 100.0 | Fee Interest | 359000 | 161000 | 448 |
| Aug-13 | 333 West 34th Street | Penn Station | 100.0 | Fee Interest | 345400 | 220250 | 638 |
| May-14 | 673 First Avenue | Grand Central South | 100.0 | Leasehold Interest | 422000 | 145000 | 344 |
| Sep-15 | 120 West 45th Street | Midtown | 100.0 | Fee Interest | 440000 | 365000 | 830 |
| Sep-15 | 315 West 36th Street | Times Square South | 100.0 | Fee Interest | 148000 | 115000 | 777 |
| Jun-16 | 388 & 390 Greenwich Street | Downtown | 100.0 | Fee Interest | 2635000 | 2000000 | 759 |
| Aug-16 | 11 Madison Avenue | Park Avenue South | 40.0 | Fee Interest | 2314000 | 2600000 | 1124 |
| Nov-17 | 1515 Broadway | Times Square | 30.0 | Fee Interest | 1750000 | 1950000 | 1114 |
| Jan-18 | 600 Lexington Avenue | Grand Central North | 100.0 | Fee Interest | 303515 | 305000 | 1005 |
| Feb-18 | 1515 Broadway | Times Square | 13.0 | Fee Interest | 1750000 | 1950000 | 1114 |
| May-18 | 1745 Broadway | Midtown | 56.9 | Leasehold Interest | 674000 | 633000 | 939 |
| Nov-18 | 3 Columbus Circle | Columbus Circle | 48.9 | Fee Interest | 530981 | 851000 | 1603 |
| Nov-18 | 2 Herald Square | Herald Square | 49.0 | Leasehold Interest | 369000 | 265000 | 718 |
| May-19 | 521 Fifth Avenue | Grand Central | 50.5 | Fee Interest | 460000 | 381000 | 828 |
| Dec-20 | 30 East 40th Street | Grand Central South | 60.0 | Leasehold Interest | 69446 | 5200 | 75 |
| Mar-21 | 55 West 46th Street - Tower 46 | Midtown | 25.0 | Fee Interest | 347000 | 275000 | 793 |
| Jun-21 | 635 - 641 Sixth Avenue | Midtown South | 100.0 | Fee Interest | 267000 | 325000 | 1217 |
| Jul-21 | 220 East 42nd Street | Grand Central | 49.0 | Fee Interest | 1135000 | 783500 | 690 |
| Oct-21 | 590 Fifth Avenue | Midtown | 100.0 | Fee Interest | 103300 | 103000 | 997 |
| Dec-21 | 110 East 42nd Street | Grand Central | 100.0 | Fee Interest | 215400 | 117075 | 544 |
| Jun-23 | 245 Park Avenue | Park Avenue | 49.9 | Fee Interest | 1782793 | 1995000 | 1119 |
| Nov-24 | One Vanderbilt Avenue | Grand Central | 11.0 | Fee Interest | 1657198 | 4700000 | 2836 |
|  |  |  |  |  | **31352356** | $**26013825** | $**830** |

---

Supplemental Information 45 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **SUMMARY OF REAL ESTATE DISPOSITION ACTIVITY** <br>**Manhattan Office**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **Gross Asset Valuation** | **Gross Asset Valuation** |
|<br>**2025 Dispositions** |<br>**<u>Property</u>** |<br>**<u>Submarket</u>** |<br>**<u>Interest Sold</u>** |<br>**<u>Type of Ownership</u>** |<br>**<u>Net Rentable SF</u>** | **<u>($'s)</u>** | **<u>($'s/SF)</u>** |
| Sep-25 | One Vanderbilt Avenue | Grand Central | 5.0 | Fee Interest | 1657198 | $4700000 | $2836 |
| Dec-25 | 100 Park Avenue | Grand Central South | 49.0 | Fee Interest | 834000 | 425000 | 510 |
|  |  |  |  |  | **2491198** | $**5125000** | $**2057** |

---

Supplemental Information 46 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **SUMMARY OF REAL ESTATE ACQUISITION ACTIVITY** <br>**Retail, Residential, Development / Redevelopment and Land**<br>**Unaudited**<br>(Dollars in Thousands)  | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Occupancy (%)** | **Occupancy (%)** |
| | **<u>Property</u>** | | | | | | | | |
| **2005 - 2025 Acquisitions** | **2005 - 2025 Acquisitions** |<br>**<u>Type of Property</u>** |<br>**<u>Submarket</u>** | **Interest**<br> **<u>Acquired</u>** |<br>**<u>Type of Ownership</u>** |<br>**<u>Net Rentable SF</u>** | **Gross Asset**<br>**<u>Valuation ($'s)</u>** | **<u>at acquisition</u>** | **<u>12/31/2025</u>** |
| Jul-05 | 1551-1555 Broadway | Retail | Times Square | 10.0% | Fee Interest | 25600 | $85000 | N/A | N/A |
| Jul-05 | 21 West 34th Street | Retail | Herald Square | 50.0 | Fee Interest | 30100 | 17500 | N/A | N/A |
| Sep-05 | 141 Fifth Avenue | Retail | Flatiron | 50.0 | Fee Interest | 21500 | 13250 | N/A | N/A |
| Nov-05 | 1604 Broadway | Retail | Times Square | 63.0 | Leasehold Interest | 29876 | 4400 | 17.2 | N/A |
| Dec-05 | 379 West Broadway | Retail | Cast Iron/Soho | 45.0 | Leasehold Interest | 62006 | 19750 | 100.0 | N/A |
| Jan-06 | 25-29 West 34th Street | Retail | Herald Square/Penn Station | 50.0 | Fee Interest | 41000 | 30000 | 55.8 | N/A |
| Sep-06 | 717 Fifth Avenue | Retail | Midtown/Plaza District | 32.8 | Fee Interest | 119550 | 251900 | 63.1 | N/A |
| Aug-07 | 180 Broadway | Development | Lower Manhattan | 50.0 | Fee Interest | 24300 | 13600 | 85.2 | N/A |
| Apr-07 | Two Herald Square | Land | Herald Square | 55.0 | Fee Interest | N/A | 225000 | N/A | N/A |
| Jul-07 | 885 Third Avenue | Land | Midtown / Plaza District | 55.0 | Fee Interest | N/A | 317000 | N/A | N/A |
| Feb-08 | 182 Broadway | Development | Lower Manhattan | 50.0 | Fee Interest | 46280 | 30000 | 83.8 | N/A |
| Nov-10 | Williamsburg Terrace | Retail | Brooklyn, New York | 100.0 | Fee Interest | 52000 | 18000 | 100.0 | N/A |
| Dec-10 | 11 West 34th Street | Retail | Herald Square/Penn Station | 30.0 | Fee Interest | 17150 | 10800 | 100.0 | 100.0 |
| Dec-10 | Two Herald Square | Land | Herald Square | 45.0 | Fee Interest | 354400 | 247500 | N/A | N/A |
| Dec-10 | 885 Third Avenue | Land | Midtown / Plaza District | 45.0 | Fee Interest | 607000 | 352000 | N/A | N/A |
| Dec-10 | 292 Madison Avenue | Land | Grand Central South | 100.0 | Fee Interest | 203800 | 78300 | N/A | N/A |
| Jan-11 | 3 Columbus Circle | Redevelopment | Columbus Circle | 48.9 | Fee Interest | 741500 | 500000 | 20.1 | N/A |
| Aug-11 | 1552-1560 Broadway | Retail | Times Square | 50.0 | Fee Interest | 35897 | 136550 | 59.7 | N/A |
| Sep-11 | 747 Madison Avenue | Retail | Plaza District | 33.3 | Fee Interest | 10000 | 66250 | 100.0 | N/A |
| Jan-12 | DFR Residential and Retail Portfolio | Residential | Plaza District, Upper East Side | 80.0 | Fee Interests / Leasehold Interest | 489882 | 193000 | 95.1 | N/A |
| Jan-12 | 724 Fifth Avenue | Retail | Plaza District | 50.0 | Fee Interest | 65010 | 223000 | 92.9 | N/A |
| Jul-12 | West Coast Office Portfolio | West Coast |  | 27.6 | Fee Interest | 4473603 | 880104 | 76.3 | N/A |
| Aug-12 | 33 Beekman Street | Development | Downtown | 45.9 | Fee Interest | 163500 | 31160 |  | N/A |
| Sep-12 | 635 Sixth Avenue | Redevelopment | Midtown South | 100.0 | Fee Interest | 104000 | 83000 |  | N/A |
| Oct-12 | 1080 Amsterdam | Redevelopment | Upper West Side | 87.5 | Leasehold Interest | 82250 |  | 2.2 | N/A |
| Dec-12 | 21 East 66th Street | Retail | Plaza District | 32.3 | Fee Interest | 16736 | 75000 | 100.0 | N/A |
| Dec-12 | 985-987 Third Avenue | Redevelopment | Upper East Side | 100.0 | Fee Interest | 13678 | 18000 |  | N/A |
| Dec-12 | 131-137 Spring Street | Retail | Soho | 100.0 | Fee Interest | 68342 | 122300 | 100.0 | N/A |
| Mar-13 | 248-252 Bedford Avenue | Residential | Brooklyn, New York | 90.0 | Fee Interest | 66611 | 54900 |  | N/A |
| Nov-13 | 650 Fifth Avenue | Retail | Plaza District | 50.0 | Leasehold Interest | 32324 |  | 63.6 | 100.0 |
| Nov-13 | 315 West 33rd Street - The Olivia | Retail / Residential | Penn Station | 100.0 | Fee Interest | 492987 | 386775 | 96.6 | N/A |
| Nov-13 | 562, 570 & 574 Fifth Avenue | Redevelopment | Plaza District | 100.0 | Fee Interest | 66962 | 146222 | 74.6 | N/A |
| Jul-14 | 719 Seventh Avenue | Retail | Times Square | 75.0 | Fee Interest | 6000 | 41149 | 100.0 | N/A |
| Jul-14 | 115 Spring Street | Retail | Soho | 100.0 | Fee Interest | 5218 | 52000 | 100.0 | 100.0 |
| Jul-14 | 752-760 Madison Avenue | Retail | Plaza District | 100.0 | Fee Interest | 21124 | 282415 | 100.0 | 100.0 |
| Sep-14 | 121 Greene Street | Retail | Soho | 50.0 | Fee Interest | 7131 | 27400 | 100.0 | N/A |
| Sep-14 | 635 Madison Avenue | Land | Plaza District | 100.0 | Fee Interest | 176530 | 145000 | N/A | N/A |
| Oct-14 | 102 Greene Street | Retail | Soho | 100.0 | Fee Interest | 9200 | 32250 | 100.0 | N/A |
| Oct-14 | 175-225 Third Street | Redevelopment | Brooklyn, New York | 95.0 | Fee Interest |  | 72500 |  | N/A |
| Nov-14 | 55 West 46th Street - Tower 46 | Redevelopment | Midtown | 100.0 | Fee Interest | 347000 | 295000 |  | N/A |
| Feb-15 | Stonehenge Portfolio | Residential | Various | Various | Fee Interest | 2589184 | 40000 | 96.5 | N/A |
| Mar-15 | 1640 Flatbush Avenue | Redevelopment | Brooklyn, New York | 100.0 | Fee Interest | 1000 | 6799 | 100.0 | N/A |
| Jun-15 | Upper East Side Residential | Residential | Upper East Side Residential | 90.0 | Fee Interest | 27000 | 50074 | 96.4 | N/A |
| Aug-15 | 187 Broadway & 5-7 Dey Street | Retail | Lower Manhattan | 100.0 | Fee Interest | 73600 | 63690 | 90.5 | N/A |
| Mar-16 | 183 Broadway | Retail | Lower Manhattan | 100.0 | Fee Interest | 9100 | 28500 | 58.3 | N/A |
| Apr-16 | 605 West 42nd Street - Sky | Residential | Midtown West | 20.0 | Fee Interest | 927358 | 759046 |  | N/A |
| Jul-18 | 1231 Third Avenue | Residential | Upper East Side | 100.0 | Fee Interest | 38992 | 55355 | 100.0 | N/A |
| Oct-18 | 133 Greene Street | Retail | Soho | 100.0 | Fee Interest | 6425 | 30999 | 100.0 | N/A |
| Dec-18 | 712 Madison Avenue | Retail | Plaza District | 100.0 | Fee Interest | 6600 | 57996 | 100.0 | N/A |
| Apr-19 | 106 Spring Street | Redevelopment | Soho | 100.0 | Fee Interest | 5928 | 80150 |  | N/A |
| May-19 | 410 Tenth Avenue | Redevelopment | Hudson Yards | 70.9 | Fee Interest | 638000 | 440000 | 76.3 | N/A |
| Jan-20 | 762 Madison Avenue | Redevelopment | Plaza District | 10.0 | Fee Interest | 6109 | 29250 | 55.1 | N/A |
| Jan-20 | 707 Eleventh Avenue | Redevelopment | Midtown West | 100.0 | Fee Interest | 159720 | 90000 | 54.3 | N/A |
| Jan-20 | 126 Nassau Street | Development | Lower Manhattan | 100.0 | Leasehold Interest | 98412 |  | 87.3 | 100.0 |
| Oct-20 | 85 Fifth Avenue | Retail | Midtown South | 36.3 | Fee Interest | 12946 | 59000 | 100.0 | N/A |
| Sep-21 | 1591-1597 Broadway | Land | Times Square | 100.0 | Fee Interest | 7684 | 121000 | N/A | N/A |
| Sep-21 | 690 Madison Avenue | Retail | Plaza District | 100.0 | Fee Interest | 7848 | 72221 | 100.0 | 100.0 |
| Sep-22 | 5 Times Square | Redevelopment | Times Square | 31.6 | Leasehold Interest | 1127931 | 1096714 | 22.5 | N/A |
| Sep-23 | 625 Madison Avenue | Land | Plaza District | 90.4 | Fee Interest | 563000 | 620245 | N/A | N/A |
| Jan-24 | 2 Herald Square | Redevelopment | Herald Square | 44.0 | Leasehold Interest | 369000 | 120000 | 43.9 | 34.5 |
| Mar-24 | 719 Seventh Avenue | Retail | Times Square | 25.0 | Fee Interest | 10040 | 76500 | 0.0 | N/A |
|  |  |  |  |  |  | **15815924** | $**9475514** |  |  |
| **2025 Acquisitions** | **2025 Acquisitions** |  |  |  |  |  |  |  |  |
| Oct-25 | 346 Madison Avenue | Development | Grand Central | 100.0 | Fee Interest | 275138 | $160000 | 40.4 | 40.4 |
|  |  |  |  |  |  | **275138** | $**160000** |  |  |

---

Supplemental Information 47 Fourth Quarter 2025

------

---

| | |
|:---|:---|
| **SUMMARY OF REAL ESTATE DISPOSITION ACTIVITY** <br>**Retail, Residential, Development / Redevelopment, Land and Alternative Strategy Portfolio**<br>**Unaudited**<br>(Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | **Gross Asset Valuation** | **Gross Asset Valuation** |
| | **<u>Property</u>** | | | | | | | |
| **2011 - 2024 Dispositions** | **2011 - 2024 Dispositions** |<br>**<u>Type of Property</u>** |<br>**<u>Submarket</u>** | **Interest**<br>**<u>Sold</u>** |<br>**<u>Type of Ownership</u>** |<br>**<u>Net Rentable SF</u>** | **<u>($'s)</u>** | **<u>($'s/SF)</u>** |
| Sep-11 | 1551-1555 Broadway | Retail | Times Square | 10.0% | Fee Interest | 25600 | $276757 | $10811 |
| Feb-12 | 141 Fifth Avenue | Retail | Flatiron | 100.0 | Fee Interest | 13000 | 46000 | 3538 |
| Feb-12 | 292 Madison Avenue | Land | Grand Central South | 100.0 | Fee Interest | 203800 | 85000 | 417 |
| Apr-12 | 379 West Broadway | Retail | Cast Iron/Soho | 100.0 | Leasehold Interest | 62006 | 48500 | 782 |
| Jun-12 | 717 Fifth Avenue | Retail | Midtown/Plaza District | 50.0 | Fee Interest | 119550 | 617584 | 5166 |
| Sep-12 | 3 Columbus Circle | Redevelopment | Columbus Circle | 29.0 | Fee Interest | 214372 | 143600 | 670 |
| Feb-13 | 44 West 55th Street | Retail | Plaza District | 100.0 | Fee Interest | 8557 | 6250 | 730 |
| Jun-13 | West Coast Office Portfolio | West Coast | Los Angeles, California | 100.0 | Fee Interest | 406740 | 111925 | 275 |
| Aug-13 | West Coast Office Portfolio | West Coast | Fountain Valley, California | 100.0 | Fee Interest | 302037 | 66994 | 222 |
| Sep-13 | West Coast Office Portfolio | West Coast | San Diego, California | 100.0 | Fee Interest | 110511 | 45400 | 411 |
| Dec-13 | 27-29 West 34th Street | Retail | Herald Square/Penn Station | 100.0 | Fee Interest | 15600 | 70052 | 4491 |
| Jan-14 | 21-25 West 34th Street | Retail | Herald Square/Penn Station | 100.0 | Fee Interest | 30100 | 114948 | 3819 |
| Mar-14 | West Coast Office Portfolio | West Coast |  | 100.0 | Fee Interest | 3654315 | 756000 | 207 |
| May-14 | 747 Madison Avenue | Retail | Plaza District | 100.0 | Fee Interest | 10000 | 160000 | 16000 |
| Jul-14 | 985-987 Third Avenue | Redevelopment | Upper East Side | 100.0 | Fee Interest | 13678 | 68700 | 5023 |
| Sep-14 | 180-182 Broadway | Redevelopment | Lower Manhattan | 100.0 | Fee Interest | 156086 | 222500 | 1425 |
| Nov-14 | 2 Herald Square | Land | Herald Square/Penn Station | 100.0 | Fee Interest | 354400 | 365000 | 1030 |
| Nov-14 | 55 West 46th Street - Tower 46 | Redevelopment | Midtown | 75.0 | Fee Interest | 347000 | 295000 | 850 |
| Jan-15 | 180 Maiden Lane | Redevelopment | Financial East | 100.0 | Fee Interest | 1090000 | 470000 | 431 |
| Aug-15 | 131-137 Spring Street | Retail | Soho | 80.0 | Fee Interest | 68342 | 277750 | 4064 |
| Dec-15 | 570 & 574 Fifth Avenue | Redevelopment | Plaza District | 100.0 | Fee Interest | 24327 | 125400 | 5155 |
| Feb-16 | 248-252 Bedford Avenue | Residential | Brooklyn, New York | 90.0 | Fee Interest | 66611 | 55000 | 826 |
| Feb-16 | 885 Third Avenue | Land | Midtown / Plaza District | 100.0 | Fee Interest | 607000 | 453000 | 746 |
| May-16 | 33 Beekman Street | Redevelopment | Downtown | 100.0 | Fee Interest | 163500 | 196000 | 1199 |
| Oct-16 | 400 East 57th Street | Residential | Upper East Side | 49.0 | Fee Interest | 290482 | 170000 | 585 |
| Apr-17 | 102 Greene Street | Retail | Soho | 90.0 | Fee Interest | 9200 | 43500 | 4728 |
| Sep-17 | 102 Greene Street | Retail | Soho | 10.0 | Fee Interest | 9200 | 43500 | 4728 |
| Apr-18 | 175-225 Third Street | Redevelopment | Brooklyn, New York | 95.0 | Fee Interest |  | 115000 |  |
| Jun-18 | 635 Madison Avenue | Land | Plaza District | 100.0 | Fee Interest | 176530 | 153000 | 867 |
| Jul-18 | 724 Fifth Avenue | Retail | Plaza District | 50.0 | Fee Interest | 65010 | 365000 | 5615 |
| Oct-18 | 72nd Street Assemblage & 1231 Third Avenue | Residential | Upper East Side | Various | Fee Interest |  | 143800 |  |
| Jan-19 | 131-137 Spring Street | Retail | Soho | 20.0 | Fee Interest | 68342 | 216000 | 3161 |
| Aug-19 | 115 Spring Street | Retail | Soho | 49.0 | Fee Interest | 5218 | 66050 | 12658 |
| Dec-19 | 562 Fifth Avenue | Redevelopment | Plaza District | 100.0 | Fee Interest | 42635 | 52393 | 1229 |
| Dec-19 | 1640 Flatbush Avenue | Redevelopment | Brooklyn, New York | 100.0 | Fee Interest | 1000 | 16150 | 16150 |
| Mar-20 | 315 West 33rd Street - The Olivia | Retail / Residential | Penn Station | 100.0 | Fee Interest | 492987 | 446500 | 906 |
| May-20 | 609 Fifth Avenue - Retail Condominium | Retail | Rockefeller Center | 100.0 | Fee Interest | 21437 | 168000 | 7837 |
| Sep-20 | 400 East 58th Street | Residential | Upper East Side | 90.0 | Fee Interest | 140000 | 62000 | 443 |
| Dec-20 | 410 Tenth Avenue | Redevelopment | Hudson Yards | 70.9 | Fee Interest | 638000 | 952500 | 1493 |
| Dec-20 | Williamsburg Terrace | Retail | Brooklyn, New York | 100.0 | Fee Interest | 52000 | 32000 | 615 |
| Jan-21 | 712 Madison Avenue | Retail | Plaza District | 100.0 | Fee Interest | 6600 | 43000 | 6515 |
| Feb-21 | 133 Greene Street | Retail | Soho | 100.0 | Fee Interest | 6425 | 15796 | 2459 |
| Mar-21 | 106 Spring Street | Redevelopment | Soho | 100.0 | Fee Interest | 5928 | 34024 | 5740 |
| Jun-21 | 605 West 42nd Street - Sky | Residential | Westside | 20.0 | Fee Interest | 927358 | 858100 | 925 |
| Sep-21 | 400 East 57th Street | Residential | Upper East Side | 41.0 | Fee Interest | 290482 | 133500 | 460 |
| Feb-22 | 707 Eleventh Avenue | Redevelopment | Midtown West | 100.0 | Fee Interest | 159720 | 95000 | 595 |
| Apr-22 | 1080 Amsterdam | Residential | Upper West Side | 92.5 | Leasehold Interest | 82250 | 42650 | 519 |
| May-22 | 1591-1597 Broadway | Land | Times Square | 100.0 | Fee Interest | 7684 | 121000 | 15747 |
| Jun-22 | 609 Fifth Avenue | Redevelopment | Rockefeller Center | 100.0 | Fee Interest | 138563 | 100500 | 725 |
| Dec-22 | 885 Third Avenue - Condominium | Redevelopment | Midtown / Plaza District | 100.0 | Fee / Leasehold Interest | 414317 | 300400 | 725 |
| Feb-23 | 121 Greene Street | Retail | Soho | 50.0 | Fee Interest | 7131 | 14000 | 1963 |
| Dec-23 | 21 East 66th Street | Retail | Plaza District | 32.3 | Fee Interest | 13069 | 40575 | 3105 |
| Jan-24 | 717 Fifth Avenue | Retail | Midtown / Plaza District | 10.9 | Fee Interest | 119550 | 963000 | 8055 |
| May-24 | 625 Madison Avenue | Redevelopment | Plaza District | 90.4 | Fee Interest | 563000 | 634600 | 1127 |
| Jun-24 | 719 Seventh Avenue | Retail | Times Square | 100.0 | Fee Interest | 10040 | 30500 | 3038 |
| Oct-24 | 5 Times Square | Redevelopment | Times Square | 31.6 | Leasehold Interest | 1127931 | 1165586 | 1033 |
|  |  |  |  |  |  | **13959221** | $**12714984** | $**911** |
| **2025 Dispositions** | **2025 Dispositions** |  |  |  |  |  |  |  |
| Apr-25 | 85 Fifth Avenue | Retail | Midtown South | 36.3 | Fee Interest | 12946 | $46800 | $3615 |
|  |  |  |  |  |  | **12946** | $**46800** | $**3615** |

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Supplemental Information 48 Fourth Quarter 2025

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| | |
|:---|:---|
| **SUMMARY OF REAL ESTATE ACQUISITION/DISPOSITION ACTIVITY <br>Suburban<br>Unaudited**<br> (Dollars in Thousands) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | **Occupancy (%)** | **Occupancy (%)** |
|<br>**2007 - 2025 Acquisitions** |<br>**<u>Property</u>** |<br>**<u>Submarket</u>** |<br>**<u>Interest Acquired</u>** |<br>**<u>Type of Ownership</u>** |<br>**<u>Net Rentable SF</u>** | **Gross Asset**<br>**<u>Valuation ($'s)</u>** | **<u>at acquisition</u>** | **<u>12/31/2025</u>** |
| Jan-07 | 300 Main Street | Stamford, Connecticut | 100.0% | Fee Interest | 130000 | $15000 | 92.5 | N/A |
| Jan-07 | 399 Knollwood Road | White Plains, New York | 100.0 | Fee Interest | 145000 | 31600 | 96.6 | N/A |
| Jan-07 | Reckson - Connecticut Portfolio | Stamford, Connecticut | 100.0 | Fee Interests / Leasehold Interest | 1369800 | 490750 | 88.9 | 68.2 |
| Jan-07 | Reckson - Westchester Portfolio | Westchester | 100.0 | Fee Interests / Leasehold Interest | 2346100 | 570190 | 90.6 | N/A |
| Apr-07 | Jericho Plaza | Jericho, New York | 20.3 | Fee Interest | 640000 | 210000 | 98.4 | N/A |
| Jun-07 | 1010 Washington Boulevard | Stamford, Connecticut | 100.0 | Fee Interest | 143400 | 38000 | 95.6 | N/A |
| Jun-07 | 500 West Putnam Avenue | Greenwich, Connecticut | 100.0 | Fee Interest | 121500 | 56000 | 94.4 | N/A |
| Jul-07 | 16 Court Street | Brooklyn, New York | 35.0 | Fee Interest | 317600 | 107500 | 80.6 | N/A |
| Aug-07 | 150 Grand Street | White Plains, New York | 100.0 | Fee Interest | 85000 | 6700 | 52.9 | N/A |
| Sep-07 | The Meadows | Rutherford, New Jersey | 25.0 | Fee Interest | 582100 | 111500 | 81.3 | N/A |
| Jan-08 | 125 Chubb Way | Lyndhurst, New Jersey | 100.0 | Fee Interest | 278000 | 29364 |  | N/A |
| Dec-10 | 7 Renaissance Square | White Plains, New York | 50.0 | Fee Interest | 65641 | 4000 |  | N/A |
| Apr-13 | 16 Court Street | Brooklyn, New York | 49.0 | Fee Interest | 317600 | 96200 | 84.9 | N/A |
|  |  |  |  |  | **6541741** | $**1766804** |  |  |
|  |  |  |  |  |  | **Gross Asset** |  |  |
|  | **<u>Property</u>** | **<u>Submarket</u>** | **<u>Interest Sold</u>** | **<u>Type of Ownership</u>** | **<u>Net Rentable SF</u>** | **<u>Valuation ($'s)</u>** |  | **<u>Price ($'s/SF)</u>** |
| **2008 - 2025 Dispositions** |  |  |  |  |  |  |  |  |
| Oct-08 | 100 & 120 White Plains Road | Tarrytown, New York | 100.0 | Fee Interest | 211000 | $48000 |  | $227 |
| Jan-09 | 55 Corporate Drive | Bridgewater, New Jersey | 100.0 | Fee Interest | 670000 | 230000 |  | 343 |
| Aug-09 | 399 Knollwood Road | White Plains, New York | 100.0 | Fee Interest | 145000 | 20767 |  | 143 |
| Jul-12 | One Court Square | Long Island City, New York | 100.0 | Fee Interest | 1402000 | 481100 |  | 343 |
| Sep-13 | 300 Main Street | Stamford, Connecticut | 100.0 | Fee Interest | 130000 | 13500 |  | 104 |
| Aug-15 | The Meadows | Rutherford, New Jersey | 100.0 | Fee Interest | 582100 | 121100 |  | 208 |
| Dec-15 | 140 Grand Street | White Plains, New York | 100.0 | Fee Interest | 130100 | 22400 |  | 172 |
| Dec-15 | 150 Grand Street | White Plains, New York | 100.0 | Fee Interest | 85000 | 9600 |  | 113 |
| Mar-16 | 7 Renaissance Square | White Plains, New York | 100.0 | Fee Interest | 65641 | 21000 |  | 320 |
| Jul-16 | 500 West Putnam Avenue | Greenwich, Connecticut | 100.0 | Fee Interest | 121500 | 41000 |  | 337 |
| Apr-17 | 520 White Plains Road | Tarrytown, New York | 100.0 | Fee Interest | 180000 | 21000 |  | 117 |
| Jul-17 | 680 Washington Avenue | Stamford, Connecticut | 51.0 | Fee Interest | 133000 | 42011 |  | 316 |
| Jul-17 | 750 Washington Avenue | Stamford, Connecticut | 51.0 | Fee Interest | 192000 | 53745 |  | 280 |
| Oct-17 | 16 Court Street | Brooklyn, New York | 100.0 | Fee Interest | 317600 | 171000 |  | 538 |
| Oct-17 | 125 Chubb Way | Lyndhurst, New Jersey | 100.0 | Fee Interest | 278000 | 29500 |  | 106 |
| May-18 | 115-117 Stevens Avenue | Valhalla, New York | 100.0 | Fee Interest | 178000 | 12000 |  | 67 |
| Jun-18 | Jericho Plaza | Jericho, New York | 11.7 | Fee Interest | 640000 | 117400 |  | 183 |
| Jul-18 | 1-6 International Drive | Rye Brook, New York | 100.0 | Fee Interest | 540000 | 55000 |  | 102 |
| Nov-19 | 1010 Washington Boulevard | Stamford, Connecticut | 100.0 | Fee Interest | 143400 | 23100 |  | 161 |
| Dec-19 | 100 Summit Lake Drive | Valhalla, New York | 100.0 | Fee Interest | 250000 | 41581 |  | 166 |
| Dec-19 | 200 Summit Lake Drive | Valhalla, New York | 100.0 | Fee Interest | 245000 | 37943 |  | 155 |
| Dec-19 | 500 Summit Lake Drive | Valhalla, New York | 100.0 | Fee Interest | 228000 | 34185 |  | 150 |
| Dec-19 | 360 Hamilton Avenue | White Plains, New York | 100.0 | Fee Interest | 384000 | 115451 |  | 301 |
| Dec-20 | 1055 Washington Boulevard | Stamford, Connecticut | 100.0 | Leasehold Interest | 182000 | 23750 |  | 130 |
| Jul-24 | Palisades Premier Conference Center | Orangetown, New York | 100.0 | Fee Interest | 450000 | 26250 |  | 58 |
|  |  |  |  |  | **7883341** | $**1812383** |  | $**230** |

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Supplemental Information 49 Fourth Quarter 2025

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| | |
|:---|:---|
| **Non-GAAP Disclosures and Reconciliations**<br>**Unaudited**<br>(Dollars in Thousands, except per share data) | ![slglogoa.jpg](slglogoa.jpg) |

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**<u>Funds Available for Distribution (FAD)</u>**

FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

FAD is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined in accordance with GAAP. FAD is presented solely as a supplemental disclosure with respect to liquidity. Because all companies do not calculate FAD the same way, the presentation of FAD may not be comparable to similarly titled measures of other companies. FAD does not represent cash flow from operating, investing and finance activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company's liquidity.

**<u>Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDAre)</u>**

EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

The Company presents EBITDAre because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company's ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company's financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company's liquidity.

**<u>Net Operating Income (NOI) and Cash NOI</u>**

NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

The Company presents NOI and Cash NOI because the Company believes that these measures, when taken together with the corresponding GAAP financial measures and reconciliations, provide investors with meaningful information regarding the operating performance of properties. When operating performance is compared across multiple periods, the investor is provided with information not immediately apparent from net income that is determined in accordance with GAAP. NOI and Cash NOI provide information on trends in the revenue generated and expenses incurred in operating the Company's properties, unaffected by the cost of leverage, straight-line adjustments, depreciation, amortization, and other net income components. The Company uses these metrics internally as performance measures. None of these measures is an alternative to net income (determined in accordance with GAAP) and same-store performance should not be considered an alternative to GAAP net income performance.

**<u>Coverage Ratios</u>**

The Company presents fixed charge and debt service coverage ratios to provide a measure of the Company's financial flexibility to service current debt amortization, interest expense and operating lease rent from current cash net operating income. These coverage ratios represent a common measure of the Company's ability to service fixed cash payments; however, these ratios are not used as an alternative to cash flow from operating, financing and investing activities (determined in accordance with GAAP).

**RECONCILIATION OF NON-GAAP FINANCIAL MEASURES**

Supplemental Information 50 Fourth Quarter 2025

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| | |
|:---|:---|
| **Non-GAAP Disclosures and Reconciliations**<br>**Unaudited**<br>(Dollars in Thousands, except per share data) | ![slglogoa.jpg](slglogoa.jpg) |

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**Funds From Operations (FFO) Reconciliation**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** | **December 31,** | **December 31,** |
| | **2025** | **2024** | **2025** | **2024** |
| **Net (loss) income attributable to SL Green common stockholders** | $**(104567)** | $**9358** | $**(111860)** | $**7060** |
| <u>Add:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization | 67839 | 53436 | 255713 | 207443 |
| &nbsp;&nbsp;&nbsp;Joint venture depreciation and noncontrolling interest adjustments | 65677 | 69636 | 312025 | 287671 |
| &nbsp;&nbsp;&nbsp;Net (loss) income attributable to noncontrolling interests | (5062) | 3885 | (8644) | (431) |
| <u>Less:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Equity in net gain on sale of interest in unconsolidated joint venture/real estate | 1142 | 189138 | 86068 | 208144 |
| &nbsp;&nbsp;&nbsp;Purchase price and other fair value adjustments | (28226) | 117195 | (33517) | 83430 |
| &nbsp;&nbsp;&nbsp;(Loss) gain on sale of real estate, net | (426) | (1705) | (2143) | 3025 |
| &nbsp;&nbsp;&nbsp;Depreciable real estate reserves | (23546) | (38232) | (32092) | (104071) |
| &nbsp;&nbsp;&nbsp;Depreciable real estate reserves in unconsolidated joint venture | (12812) | (263190) | (14592) | (263190) |
| &nbsp;&nbsp;&nbsp;Depreciation on non-rental real estate assets | 1526 | 1226 | 5838 | 4583 |
| **FFO attributable to SL Green common stockholders and unit holders** | $**86229** | $**131883** | $**437672** | $**569822** |

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**Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **For the three months ended** | **For the three months ended** | **For the three months ended** | **For the three months ended** | **For the three months ended** |
| | **12/31/2025** | **9/30/2025** | **6/30/2025** | **3/31/2025** | **12/31/2024** |
| **Net (Loss) income** | $**(103720)** | $**35161** | $**(6817)** | $**(21545)** | $**19138** |
| Depreciable real estate reserves | 23546 |  |  | 8546 | 38232 |
| Depreciable real estate reserves in unconsolidated joint venture | 12812 |  |  | 1780 | 263190 |
| Loss on sale of real estate, net | 426 | 1068 | 167 | 482 | 1705 |
| Purchase price and other fair value adjustments | 28143 | (11138) | 9617 | 9611 | (125287) |
| Equity in net (gain) loss on sale of interest in unconsolidated joint venture/real estate | (1142) | (86872) | 1946 |  | (189138) |
| Gain on sale of marketable securities |  |  | (10232) |  |  |
| Depreciation and amortization | 67839 | 63216 | 60160 | 64498 | 53436 |
| Income taxes | 2305 | 137 | 1296 | 653 | 2324 |
| SUMMIT Operator tax expense (benefit) | 478 | 1279 | 1547 | (45) | 1949 |
| Amortization of deferred financing costs | 1901 | 1724 | 1742 | 1687 | 1734 |
| Interest expense, net of interest income | 49422 | 47235 | 45318 | 45681 | 38153 |
| Adjustments to reflect the entity's share of EBITDAre of unconsolidated affiliates | 139218 | 200085 | 151642 | 117164 | 140733 |
| **EBITDAre** | $**221228** | $**251895** | $**256386** | $**228512** | $**246169** |

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Supplemental Information 51 Fourth Quarter 2025

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| | |
|:---|:---|
| **Non-GAAP Disclosures and Reconciliations**<br>**Unaudited**<br>(Dollars in Thousands, except per share data) | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | | |
|:---|:---|:---|:---|:---|
| **RECONCILIATION OF NON-GAAP FINANCIAL MEASURES** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| **Operating income and Same-store NOI Reconciliation** | **December 31,** | **December 31,** | **December 31,** | **December 31,** |
|  | **2025** | **2024** | **2025** | **2024** |
| **Net (loss) income** | $**(103720)** | $**19138** | $**(96921)** | $**30222** |
| Depreciable real estate reserves | 23546 | 38232 | 32092 | 104071 |
| Depreciable real estate reserves in unconsolidated joint venture | 12812 | 263190 | 14592 | 263190 |
| Loss (gain) on sale of real estate, net | 426 | 1705 | 2143 | (3025) |
| Purchase price and other fair value adjustments | 28143 | (125287) | 36233 | (88966) |
| Equity in net gain on sale of interest in unconsolidated joint venture/real estate | (1142) | (189138) | (86068) | (208144) |
| Gain on sale of marketable securities |  |  | (10232) |  |
| Depreciation and amortization | 67839 | 53436 | 255713 | 207443 |
| SUMMIT Operator tax benefit | 478 | 1949 | 3259 | 730 |
| Amortization of deferred financing costs | 1901 | 1734 | 7054 | 6619 |
| Interest expense, net of interest income | 49422 | 38153 | 187656 | 147220 |
| Interest expense on senior obligations of consolidated securitization vehicles | 14866 | 11304 | 60693 | 14634 |
| **Operating Income** | **94571** | **114416** | **406214** | **473994** |
| Equity in net loss (income) from unconsolidated joint ventures | 12439 | 16562 | 41551 | (83495) |
| Loss from debt fund investments, net | 3222 |  | 1446 |  |
| Marketing, general and administrative expense | 22306 | 22827 | 89310 | 85187 |
| Transaction related costs | 341 | 138 | 13942 | 401 |
| Loan loss and other investment reserves, net of recoveries |  |  | (71326) |  |
| SUMMIT Operator expenses | 33794 | 28792 | 116364 | 111739 |
| Gain on early extinguishment of debt |  | (25985) |  | (43762) |
| Investment income | (2568) | (5415) | (29377) | (24353) |
| Interest income from real estate loans held by consolidated securitization vehicles | (14866) | (14209) | (62734) | (18980) |
| SUMMIT Operator revenue | (35920) | (38571) | (122344) | (133214) |
| Non-building revenue | (33024) | (20704) | (73431) | (68881) |
| **Net operating income (NOI)** | **80295** | **77851** | **309615** | **298636** |
| Equity in net (loss) income from unconsolidated joint ventures | (12439) | (16562) | (41551) | 83495 |
| SLG share of unconsolidated JV depreciation and amortization | 64654 | 67046 | 259498 | 275098 |
| SLG share of unconsolidated JV amortization of deferred financing costs | 5882 | 3459 | 15738 | 11334 |
| SLG share of unconsolidated JV interest expense, net of interest income | 68827 | 67099 | 263710 | 276852 |
| SLG share of unconsolidated JV transaction related costs |  |  |  |  |
| SLG share of unconsolidated JV gain on early extinguishment of debt |  |  | (57187) | (172369) |
| SLG share of unconsolidated JV investment income | (426) | (5048) | (14366) | (11513) |
| SLG share of unconsolidated JV loan loss and other investment reserves, net of recoveries |  |  | 14531 |  |
| SLG share of unconsolidated JV non-building revenue | (3517) | 147 | (8580) | (3051) |
| **NOI including SLG share of unconsolidated JVs** | **203276** | **193992** | **741408** | **758482** |
| NOI from other properties/affiliates | (31406) | (21690) | (59851) | (83520) |
| **Same-Store NOI** | **171870** | **172302** | **681557** | **674962** |
| Straight-line and free rent | (1657) | (403) | 1433 | (2800) |
| Amortization of acquired above and below-market leases, net | 1021 | 830 | 3516 | 2578 |
| Operating lease straight-line adjustment | 204 | 204 | 815 | 815 |
| SLG share of unconsolidated JV straight-line and free rent | (9656) | (5883) | (32519) | (12763) |
| SLG share of unconsolidated JV amortization of acquired above and below-market leases, net | (6328) | (6393) | (24826) | (24405) |
| SLG share of unconsolidated JV operating lease straight-line adjustment |  |  |  |  |
| **Same-store cash NOI** | $**155454** | $**160657** | $**629976** | $**638387** |
| Lease termination income | (704) | (2743) | (5629) | (6344) |
| SLG share of unconsolidated JV lease termination income | (2184) |  | (7602) | (2515) |
| **Same-store cash NOI excluding lease termination income** | $**152566** | $**157914** | $**616745** | $**629528** |

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Supplemental Information 52 Fourth Quarter 2025

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| | |
|:---|:---|
| **RESEARCH ANALYST COVERAGE** <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  | ![slglogoa.jpg](slglogoa.jpg) |

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| | | | |
|:---|:---|:---|:---|
| **EQUITY COVERAGE** | | | |
| **<u>Firm</u>** | **<u>Analyst</u>** | **<u>Phone</u>** | **<u>Email</u>** |
| B of A Securities | Jana Galan | (646) 855-5042 | jana.galan@bofa.com |
| Barclays | Brendan Lynch | (212) 526-9428 | brendan.lynch@barclays.com |
| BMO Capital Markets Corp. | John P. Kim | (212) 885-4115 | JohnP.Kim@bmo.com |
| BTIG | Thomas Catherwood | (212) 738-6140 | tcatherwood@btig.com |
| Citi | Seth Bergey | (212) 816-2066 | seth.bergey@citi.com |
| Deutsche Bank | Peter Abramowitz | (212) 250-9504 | peter.abramowitz@db.com |
| Evercore ISI | Steve Sakwa | (212) 446-9462 | steve.sakwa@evercoreisi.com |
| Goldman Sachs & Co. | Caitlin Burrows | (212) 902-4736 | caitlin.burrows@gs.com |
| Jefferies | Joe Dickstein | (212) 778-8771 | jdickstein1@jefferies.com |
| JP Morgan Securities | Anthony Paolone | (212) 622-6682 | anthony.paolone@jpmorgan.com |
| Mizuho Securities USA | Vikram Malhotra | (212) 282-3827 | vikram.malhotra@mizuhogroup.com |
| Morgan Stanley & Co. | Ronald Kamdem | (212) 296-8319 | ronald.kamdem@morganstanley.com |
| Piper Sandler | Alexander Goldfarb | (212) 466-7937 | alexander.goldfarb@psc.com |
| Scotiabank | Nicholas Yulico | (212) 225-6904 | nicholas.yulico@scotiabank.com |
| Truist Securities | Michael Lewis | (212) 319-5659 | michael.r.lewis@truist.com |
| Wells Fargo | Blaine Heck | (443) 263-6529 | blaine.heck@wellsfargo.com |

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*SL Green Realty Corp. is covered by the research analysts listed above. Please note that any opinions, estimates or forecasts regarding SL Green Realty Corp.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of SL Green Realty Corp. or its management. SL Green Realty Corp. does not, by its reference above or distribution, imply its endorsement of or concurrence with such information, conclusions or recommendations.*

Supplemental Information 53 Fourth Quarter 2025

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| | |
|:---|:---|
| **EXECUTIVE MANAGEMENT** <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  | ![slglogoa.jpg](slglogoa.jpg) |

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| | |
|:---|:---|
| **Marc Holliday** | **Neil H. Kessner** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman, Chief Executive Officer and | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President, General |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interim President | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Counsel - Real Property |
| **Matthew J. DiLiberto** | **Maggie Hui** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Accounting Officer |
| **Andrew S. Levine** | **Harrison Sitomer** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Legal Officer - General Counsel, EVP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Investment Officer |
| **Steven M. Durels** | **Robert Schiffer** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President, Director of | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President, Development |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leasing and Real Property | |
| | **Brett Herschenfeld** |
| **Edward V. Piccinich** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President, Retail and Opportunistic |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Operating Officer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment |

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Supplemental Information 54 Fourth Quarter 2025