SL Green Q3 2024 Earnings Report
Key Takeaways
SL Green Realty Corp. reported a net loss attributable to common stockholders of $0.21 per share for the third quarter of 2024, compared to a net loss of $0.38 per share for the same period in 2023. FFO was $1.13 per share for the third quarter of 2024, which was reduced by $9.0 million, or $0.13 per share, of non-recurring, non-cash fair value adjustments on mark-to-market derivatives.
Net loss attributable to common stockholders was $0.21 per share.
FFO was $1.13 per share, reduced by $0.13 per share due to non-recurring adjustments.
Signed 42 Manhattan office leases covering 763,755 square feet with a mark-to-market of 10.8% higher than previous rents.
Manhattan same-store office occupancy increased to 90.1% as of September 30, 2024.
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SL Green
Forward Guidance
SL Green anticipates increasing Manhattan same-store office occupancy to 92.5% by December 31, 2024.