SL Green Realty (SLG) Tops Q3 FFO by 16c/Share
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SL Green Realty Corp. Reports Third Quarter 2015 FFO of $1.71 Per Share before Transaction Costs; and EPS of $1.64 Per Share
October 21, 2015 5:26 PM EDTNEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE: SLG):
Financial and Operating Highlights
Third quarter 2015 FFO of $1.71 per share before transaction related costs of $0.06 per share compared to third quarter 2014 FFO of $1.55 per share before non-recurring charges related to the refinancing of 420 Lexington Avenue of $0.24 per share and transaction related costs of $0.03 per share. Current year FFO includes a tax benefit of $0.05 per share related to the Companys taxable REIT subsidiary. Third quarter 2015 net income attributable to common stockholders of... MoreSL Green Announces Sale of Two Manhattan Properties
October 20, 2015 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE: SLG), New York City's largest commercial property owner and an S&P 500 company, today announced two transactions with an aggregate value of $649 million:
1) An agreement to sell the leased fee interest in 885 Third Avenue for a gross sale price of $453 million; and
2) An agreement to sell the recently-completed Pace University dormitory tower at 33 Beekman Street for a gross sale price of $196 million. SL Green owns the property in a joint venture.
SL Green... More
