SL Green Realty Corp.
SL Green Realty Corp. is a fully integrated real estate investment trust (REIT) primarily focused on acquiring, managing, and maximizing the value of commercial properties in Manhattan. The company's core mission is to maximize total return to stockholders through dividends, earnings, and asset value appreciation by strategically investing in, managing, and developing premier commercial real estate assets. Headquartered in New York City, with its corporate offices at One Vanderbilt Avenue, SL Green is recognized as Manhattan's largest office landlord.
The company's key services include the ownership, management, operation, acquisition, development, redevelopment, and repositioning of commercial office and retail properties. SL Green also engages in debt and preferred equity investments, providing financing solutions to other real estate owners and developers. Its portfolio is concentrated in prime Manhattan locations, including Midtown, Midtown South, and Downtown submarkets, catering to a diverse tenant base that includes financial institutions, law firms, and technology companies.
Under the leadership of Chairman and CEO Marc Holliday, SL Green continues to navigate the dynamic New York City real estate market. Recent activities in early 2026 include the refinancing of One Madison Avenue for $1.65 billion and the announcement of an annual ordinary dividend of $2.47 per share. The company reported a net loss in Q1 2026 but saw increased revenues and achieved 100% leasing at One Madison Avenue, projecting record-breaking first-quarter office leasing. As of March 31, 2026, Manhattan same-store office occupancy stood at 94.4%, with a target of 95.0% by year-end 2026, underscoring its strong market positioning and focus on high-quality assets.
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