SL Green Realty (SLG) Tops Q1 FFO by 20c/Share; Boosts FY16 FFO Outlook

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Go back to SL Green Realty (SLG) Tops Q1 FFO by 20c/Share; Boosts FY16 FFO Outlook

SL Green Realty Corp. Reports First Quarter 2016 FFO of $1.85 Per Share before Transaction Costs; and EPS of $0.23 Per Share

April 20, 2016 5:18 PM EDT

NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE: SLG):

Raises 2016 Earnings Guidance

Financial and Operating Highlights

First quarter 2016 FFO of $1.85 per share before transaction related costs of $0.01 per share compared to first quarter 2015 FFO of $1.51 per share before transaction related costs of $0.01 per share. First quarter 2016 net income attributable to common stockholders of $0.23 per share compared to first quarter 2015 net income attributable to common stockholders of $0.44 per share.... More

SL Green & Citi Reach Agreement on Early Purchase of 388-390 Greenwich Street

April 20, 2016 4:15 PM EDT

NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE: SLG), New York Citys largest commercial property owner, today announced that it has reached an agreement with an affiliate of Citigroup Inc. (Citi) to accelerate the sale of 388-390 Greenwich Street (the Property) to Citi, pursuant to the purchase option that Citi exercised in January 2016. Separately, SL Green announced that it has reached an agreement for the early termination of Citis lease at the Property as a result of the sale acceleration. The sale is now... More