Asset ValueThe framework identifies properties that have significant equity value and could be levered should SLG choose to use them as an additional source of funds.
Financial PerformanceSLG raised FY’25 FFO guidance to $5.65-$5.95, up $0.40 at the midpoint, which reflects incremental income from 522 Fifth offset by reserves on 625 Madison & incremental interest expense.
Leasing ActivitySLG's leasing activity has accelerated, and the pipeline has grown, which contradicts investor perceptions.