SL Green: 3 Key Takeaways for Long-Term Investors
SL Green reached 95% leased occupancy with over 2 million square feet of leases signed year-to-date, benefiting from Manhattan's tight office supply expected through 2028. The company completed $7 billion in financing moves, clearing debt obligations into 2027, and generated $40 million in unbudgeted proceeds from selling a stake in its hospitality platform. Management expects double-digit same-store NOI growth in 2027 as premium office space scarcity provides pricing power.