NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share. The dividend is payable in cash on May 15, 2024 to shareholders of record at the close of ...
SL Green announced strong first quarter results, with a focus on debt extinguishment gains. The company has a track record of successfully rehabilitating buildings and selling interests for profit. SL Green is converting office space to residential units. This moves the space from an oversupplied area to an undersupplied area.
SL Green Realty Corp. (NYSE:SLG ) Q1 2024 Earnings Conference Call April 18, 2024 2:00 PM ET Company Participants Marc Holliday - Interim President, Chairman & CEO Matthew DiLiberto - CFO Steven Durels - EVP & Director, Leasing & Real Property Harrison Sitomer - CIO Conference Call Participants Alexander Goldfarb - Piper Sandler John Kim - BMO Capital Markets William Catherwood - BTIG Ronald Ka...
SL Green Realty continues to navigate one of the most challenging office markets in modern history. SLG reported strong first quarter earnings, with increased FFO guidance and positive momentum in leasing and investment activity. Management's proactive approach over the past four years has resulted in success for shareholders as SLG reemerges from a chaotic period.
Financial and Operating Highlights Net income attributable to common stockholders of $0.20 per share for the first quarter of 2024 as compared to net loss of $0.63 per share for the same period in 2023 . F unds from operations, or FFO, of $3.07 per share for the first quarter of 2024, inclusive of $141.7 million, or $2.02 per share, of gain on discounted debt extinguishment at 2 Herald Square a...
Contracts to Sell 719 Seventh Avenue and Palisades Premier Conference Center And Acquire Joint Venture Interest in 10 E 53rd Street Contracts to Sell 719 Seventh Avenue and Palisades Premier Conference Center And Acquire Joint Venture Interest in 10 E 53rd Street
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) modified and extended the $125.0 million mezzanine loan on 280 Park Avenue and subsequently repaid the loan for $62.5 million.
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