SL Green Realty (SLG) Tops Q2 FFO by 29c

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SL Green Realty Corp. Reports Second Quarter 2016 FFO of $3.41 Per Share before Transaction Costs; and EPS of $1.33 Per Share

July 20, 2016 5:24 PM EDT

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

Financial and Operating Highlights

Second quarter 2016 FFO of $3.41 per share before transaction related costs of $0.02 per share compared to second quarter 2015 FFO of $1.65 per share before transaction related costs of $0.03 per share. Second quarter 2016 FFO includes a lease termination fee of $94.0 million, or $0.90 per share, and the write-off of accounting related balances of $75.3 million, or $0.72 per share, related to the early lease termination and sale of 388-390 Greenwich Street to... More