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Form 8-K

sec.gov

8-K — SL GREEN REALTY CORP

Accession: 0001628280-26-066842

Filed: 2026-10-22

Period: 2026-10-21

CIK: 0001040971

SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — slg-20261021.htm (Primary)

EX-99.1 (a26q3earningsrelease.htm)

EX-99.2 (a26q3supplemental.htm)

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8-K

8-K (Primary)

Filename: slg-20261021.htm · Sequence: 1

slg-20261021

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

October 21, 2026

SL GREEN REALTY CORP.

(Exact name of registrant as specified in its charter)

Maryland

(State or other jurisdiction of incorporation or organization)

1-13199 13-3956775

(Commission File Number)        (I.R.S. Employer Identification No.)

One Vanderbilt Avenue                10017

New York, New York              (Zip Code)

(Address of principal executive offices)

(212) 594-2700

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[☐] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Registrant Trading Symbol Title of Each Class Name of Each Exchange on Which Registered

SL Green Realty Corp. SLG Common Stock, $0.01 par value New York Stock Exchange

SL Green Realty Corp. SLG.PRI 6.500% Series I Cumulative Redeemable Preferred Stock, $0.01 par value New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company     [☐]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act [ ]

Item 2.02.    Results of Operations and Financial Condition

Following the issuance of a press release on October 21, 2026 announcing SL Green Realty Corp.’s, or the Company, results for the quarter ended September 30, 2026, the Company has made available on its website supplemental information regarding the Company’s operations that is too voluminous for a press release. The Company is attaching the press release as Exhibit 99.1 and the supplemental package as Exhibit 99.2 to this Current Report on Form 8-K.

The information (including Exhibits 99.1 and 99.2) being furnished pursuant to this “Item 2.02. Results of Operations and Financial Condition” shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Act, or the Exchange Act regardless of any general incorporation language in such filing.

Item 7.01.    Regulation FD Disclosure

As discussed in Item 2.02 above, on October 21, 2026, the Company issued a press release announcing its results for the quarter ended September 30, 2026, and that it is revising its previously announced net income guidance range of $0.20 to $0.50 per share (diluted) for the year ending December 31, 2026 to $0.40 to $0.60 of net income per share (diluted), and revising its previously announced Nareit defined Funds From Operations ("FFO") guidance range of $5.60 to $5.90 per share (diluted) for the year ending December 31, 2026 to $6.50 to $6.70 of FFO per share (diluted).

The following table reconciles the estimated earnings per share (diluted) to FFO per share (diluted) range for the year ending December 31, 2026:

Year Ending

December 31,

2026 2026

Net income per share attributable to SL Green common stockholders (diluted) $ 0.40  $ 0.60

Add:

Depreciation and amortization 3.48  3.48

SLG's share of unconsolidated joint ventures depreciation and amortization 3.77  3.77

Net income attributable to noncontrolling interests 0.38  0.38

Depreciable real estate reserves and impairments 0.49  0.49

Less:

Gain on sale of real estate, net 1.35  1.35

Equity in net loss on sale of interest in unconsolidated joint venture / real estate (0.01) (0.01)

Purchase price and other fair value adjustments 0.10  0.10

Depreciation on non-real estate assets 0.08  0.08

Noncontrolling interests in consolidated joint ventures 0.50  0.50

Funds From Operations per share attributable to SL Green common stockholders and unit holders (diluted) $ 6.50  $ 6.70

The information being furnished pursuant to this “Item 7.01. Regulation FD Disclosure” shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing. This information will not be deemed an admission as to the materiality of such information that is required to be disclosed solely by Regulation FD.

Item 9.01.    Financial Statements and Exhibits

(d)     Exhibits

99.1    Press release regarding results for the quarter ended September 30, 2026.

99.2    Supplemental package.

Non-GAAP Supplemental Financial Measures

Funds from Operations (FFO)

FFO is a widely recognized non-GAAP financial measure of REIT performance. The Company computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, or Nareit, which may not be comparable to FFO reported by other REITs that do not compute FFO in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The revised White Paper on FFO approved by the Board of Governors of Nareit in April 2002, and subsequently amended in December 2018, defines FFO as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), excluding gains (or losses) from sales of properties, and real estate related impairment charges, plus real estate related depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.

The Company presents FFO because it considers it an important supplemental measure of the Company’s operating performance and believes that it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, particularly those that own and operate commercial office properties. The Company also uses FFO as one of several criteria to determine performance-based compensation for members of its senior management. FFO is intended to exclude GAAP historical cost depreciation and amortization of real estate and related assets, which assumes that the value of real estate assets diminishes ratably over time. Historically, however, real estate values have risen or fallen with market conditions. Because FFO excludes depreciation and amortization unique to real estate, gains and losses from property dispositions, and real estate related impairment charges, it provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, and interest costs, providing perspective not immediately apparent from net income. FFO does not represent cash generated from operating activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance or to cash flow from operating activities (determined in accordance with GAAP) as a measure of the Company’s liquidity, nor is it indicative of funds available to fund the Company’s cash needs, including the Company's ability to make cash distributions.

Funds Available for Distribution (FAD)

FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

FAD is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined in accordance with GAAP. FAD is presented solely as a supplemental disclosure with respect to liquidity. Because all companies do not calculate FAD the same way, the presentation of FAD may not be comparable to similarly titled measures of other companies. FAD does not represent cash flow from operating, investing and finance activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.

Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre)

EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

The Company presents EBITDAre because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company’s ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.

Net Operating Income (NOI) and Cash NOI

NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

The Company presents NOI and Cash NOI because the Company believes that these measures, when taken together with the corresponding GAAP financial measures and reconciliations, provide investors with meaningful information regarding the operating performance of properties. When operating performance is compared across multiple periods, the investor is provided with information not immediately apparent from net income that is determined in accordance with GAAP. NOI and Cash NOI provide information on trends in the revenue generated and expenses incurred in operating the Company's properties, unaffected by the cost of leverage, straight-line adjustments, depreciation, amortization, and other net income components. The Company uses these metrics internally as performance measures. None of these measures is an alternative to net income (determined in accordance with GAAP) and same-store performance should not be considered an alternative to GAAP net income performance.

Coverage Ratios

The Company presents fixed charge and debt service coverage ratios to provide a measure of the Company’s financial flexibility to service current debt amortization, interest expense and operating lease rent from current cash net operating income. These coverage ratios represent a common measure of the Company’s ability to service fixed cash payments; however, these ratios are not used as an alternative to cash flow from operating, financing and investing activities (determined in accordance with GAAP).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

SL GREEN REALTY CORP.

/s/ Matthew J. DiLiberto

Matthew J. DiLiberto

Chief Financial Officer

Date: October 22, 2026

EX-99.1

EX-99.1

Filename: a26q3earningsrelease.htm · Sequence: 2

Document

Exhibit 99.1

SL GREEN REALTY CORP. REPORTS

THIRD QUARTER 2026 EPS OF $1.01 PER SHARE;

AND FFO OF $1.59 PER SHARE

INCREASES 2026 EARNINGS GUIDANCE

Financial and Operating Highlights

•Net income attributable to common stockholders of $1.01 per share for the third quarter of 2026 as compared to net income of $0.34 per share for the same period in 2025.

•Funds from operations ("FFO") of $1.59 per share for the third quarter of 2026 as compared to FFO of $1.58 per share for the same period in 2025.

•The Company is increasing its previously announced 2026 FFO guidance range for the year ending December 31, 2026 from $5.60-$5.90 per share to $6.50-$6.70 per share, which reflects $1.10 per share of incremental income from the sale of a 20% joint venture interest in an entity related to the Company's food and beverage hospitality operations, offset by $0.25 per share attributable to the higher interest rate environment. The Company is also increasing its previously announced 2026 net income guidance range from $0.20-$0.50 per share to $0.40-$0.60 per share.

•Signed 38 Manhattan office leases totaling 591,108 square feet in the third quarter of 2026 and 142 Manhattan office leases totaling 1,965,533 square feet for the first nine months of 2026. The mark-to-market on signed Manhattan office leases was 13.6% higher for the third quarter and 15.7% higher for the first nine months than the previous fully escalated rents on the same spaces.

•Manhattan same-store cash NOI, including the Company's share of same-store cash NOI from unconsolidated joint ventures, increased 5.0% for the third quarter of 2026 and 4.2% for the first nine months of 2026, excluding lease termination income, as compared to the same periods in 2025.

•Manhattan same-store office occupancy increased to 95.0% as of September 30, 2026, inclusive of leases signed but not yet commenced.

Investing Highlights

•Entered into a contract to sell 110 Greene Street for total consideration of $226.0 million. The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions, and generate approximately $216.0 million of net cash proceeds.

•Closed on the previously announced sale of 10 East 53rd Street for total consideration of $312.2 million. The Company received net cash proceeds of $99.0 million.

•Deployed $100.7 million of the $1.3 billion SLG Opportunistic Debt Fund (the "Fund") during the third quarter and $359.0 million to date in 2026, bringing total Fund deployment to $643.1 million, of which $528.8 million has been funded, and $18.9 million of which has since been repaid.

•In October, closed on the sale of a 20% joint venture interest in an entity related to the Company's food and beverage hospitality operations at a gross valuation of $200.0 million. The transaction generated proceeds to the Company of $40.0 million.

•In October, closed on the sale of the 26,000 square foot office condominium at 185 Broadway for $9.0 million. The Company received net cash proceeds of $8.7 million.

Financing Highlights

•In October, together with our joint venture partner, closed on a $2.0 billion refinancing of 245 Park Avenue. The five-year, fixed-rate financing was priced at a spread of 147 basis points above the U.S. Treasury index, resulting in an interest rate of 6.52%. SL Green hedged its share of the financing to an effective interest rate of 6.37%.

NEW YORK, October 21, 2026 - SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported net income attributable to common stockholders for the quarter ended September 30, 2026 of $72.2 million, or $1.01 per share, as compared to net income of $24.9 million, or $0.34 per share, for the same period in 2025.

The Company reported net loss attributable to common stockholders for the nine months ended September 30, 2026 of $38.7 million, or $0.56 per share, as compared to net loss of $7.3 million, or $0.12 per share, for the same period in 2025.

The Company reported FFO for the quarter ended September 30, 2026 of $122.1 million, or $1.59 per share, as compared to FFO of $120.4 million, or $1.58 per share, for the same period in 2025.

The Company reported FFO for the nine months ended September 30, 2026 of $296.3 million or $3.85 per share as compared to FFO of $351.4 million, or $4.60 per share, for the same period in 2025, which included $71.6 million, or $0.94 per share, of income, excluding interest income, related to the repayment of the commercial mortgage investment at 522 Fifth Avenue.

All per share amounts are presented on a diluted basis.

Operating and Leasing Activity

Manhattan same-store cash NOI, including the Company's share of same-store cash NOI from unconsolidated joint ventures, increased by 5.0% for the third quarter of 2026 and 4.2% for the first nine months of 2026, excluding lease termination income, as compared to the same periods in 2025.

During the third quarter of 2026, the Company signed 38 office leases in its Manhattan office portfolio totaling 591,108 square feet. The average rent on the Manhattan office leases signed in the third quarter of 2026 was $105.75 per rentable square foot, with an average lease term of 10.7 years and average tenant concessions of 8.2 months of free rent with a tenant improvement allowance of $85.20 per rentable square foot. Twenty-eight leases comprising 449,076 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $110.88 per rentable square foot, representing a 13.6% increase over the previous fully escalated rents on the same office spaces.

During the nine months ended September 30, 2026, the Company signed 142 office leases in its Manhattan office portfolio totaling 1,965,533 square feet. The average rent on the Manhattan office leases signed in 2026 was $102.61 per rentable square foot with an average lease term of 9.1 years and average tenant concessions of 8.6 months of free rent with a tenant improvement allowance of $89.88 per rentable square foot. Ninety-four leases comprising 1,424,546 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $109.99 per rentable square foot, representing a 15.7% increase over the previous fully escalated rents on the same office spaces.

Occupancy in the Company's Manhattan same-store office portfolio increased to 95.0% as of September 30, 2026, inclusive of leases signed but not yet commenced, as compared to 92.9% at the end of 2025.

Significant leasing activity in the third quarter includes:

•New lease with Legora, Inc. for 98,420 square feet at 11 Madison Avenue;

•Early renewal with IMG Worldwide LLC for 90,202 square feet at 304 Park Avenue South;

•New lease with Landesbank Baden-Württemberg for 58,332 square feet at 1185 Avenue of the Americas;

•New lease with Nearwater Management, LLC for 37,563 square feet at 245 Park Avenue;

•New expansion lease with Greenberg Traurig LLP for 33,477 square feet at One Vanderbilt Avenue;

•New lease with OceanSound Partners, LP for 32,032 square feet at 450 Park Avenue;

•Early renewal with Haworth, Inc. for 30,365 square feet at 125 Park Avenue.

Earnings Guidance

The Company is increasing its previously announced 2026 FFO guidance range for the year ending December 31, 2026 from $5.60-$5.90 per share to $6.50-$6.70 per share, which reflects $1.10 per share of incremental income from the sale of a 20% joint venture interest in an entity related to the Company's food and beverage hospitality operations, offset by $0.25 per share attributable to the higher interest rate environment. The Company is also increasing its previously announced 2026 net income guidance range from $0.20-$0.50 per share to $0.40-$0.60 per share.

Investment Activity

In September, the Company entered into a contract to sell 110 Greene Street for total consideration of $226.0 million. The transaction, which is expected to close in the fourth quarter of 2026, subject to customary closing conditions, will generate net cash proceeds to the Company of approximately $216.0 million that will be used for corporate debt repayment.

In August, the Company closed on the previously announced sale of 10 East 53rd Street for total consideration of $312.2 million. The Company received net cash proceeds of $99.0 million.

During the third quarter, the Company deployed $100.7 million of the $1.3 billion Fund and $359.0 million to date in 2026, bringing total Fund deployment to $643.1 million, of which $528.8 million has been funded, and $18.9 million of which has since been repaid.

In October, the Company closed on the sale of a 20% joint venture interest in an entity related to the Company's food and beverage hospitality operations, at a gross valuation of $200.0 million. The transaction generated proceeds to the Company of $40.0 million.

In October, the Company closed on the sale of the 26,000 square foot office condominium at 185 Broadway for $9.0 million. The Company received net cash proceeds of $8.7 million.

Financing Activity

In October, the Company and its joint venture partner closed on a $2.0 billion refinancing of 245 Park Avenue. The five-year, fixed-rate financing was priced at a spread of 147 basis points above the U.S Treasury index, resulting in an interest rate of 6.52%. SL Green hedged its share of the financing to an effective interest rate of 6.37%. The single-asset, single-borrower (SASB) CMBS execution was agented by world-class institutions led by JPMorgan Chase Bank, N.A., with participation from Bank of America, Deutsche Bank, Bank of Montreal, Goldman Sachs, Société Générale and Citibank. The new financing replaces the property's previous $1.768 billion of mortgage and mezzanine financing.

Institutional Investor Conference

The Company will host its Annual Institutional Investor Conference on Monday, December 7, 2026 beginning at 9:00 a.m. ET. The event will be held in-person, by invitation only. The presentation will be available online via audio webcast, in listen-only mode, and the accompanying presentation materials can be accessed in the Investors section of the SL Green Realty Corp. website at www.slgreen.com on the day of the conference. An audio replay of the presentation will be available in the Investors section of the SL Green Realty Corp. website following the conference.

For more information about the event, please email SLG2026@slgreen.com.

Dividends

In the third quarter of 2026, the Company declared:

•A quarterly ordinary dividend on its outstanding common stock of $0.6175 per share, which was paid in cash on October 15, 2026, and is the equivalent of an annualized dividend of $2.47 per share;

•A quarterly dividend on its outstanding 6.50% Series I Cumulative Redeemable Preferred Stock of $0.40625 per share for the period July 15, 2026 through and including October 14, 2026, which was paid in cash on October 15, 2026, and is the equivalent of an annualized dividend of $1.625 per share.

Conference Call and Audio Webcast

The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, October 22, 2026, at 2:00 p.m. ET to discuss the financial results.

Supplemental data will be available prior to the quarterly conference call in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under “Financial Reports.”

The live conference call will be webcast in listen-only mode and a replay will be available in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under “Presentations & Webcasts.”

Research analysts who wish to participate in the conference call must first register at https://register-conf.media-server.com/register/BI6e8d3796e9b044fbb7f0dca147720564.

Company Profile

SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of September 30, 2026, SL Green held interests in 53 buildings totaling 30.3 million square feet, which included ownership interests in 28.9 million square feet and 1.4 million square feet securing debt and preferred equity investments, excluding fund investments, and managed 5 buildings totaling 1.3 million square feet owned by third parties.

To obtain the latest news releases and other Company information, please visit our website at www.slgreen.com or contact Investor Relations at investor.relations@slgreen.com.

Disclaimers

Non-GAAP Financial Measures

During the quarterly conference call, the Company may discuss non-GAAP financial measures as defined by SEC Regulation G. In addition, the Company has used non-GAAP financial measures in this press release. A reconciliation of each non-GAAP financial measure and the comparable GAAP financial measure can be found in this release and in the Company’s Supplemental Package.

Forward-looking Statements

This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as our earnings guidance, future capital expenditures, dividends, acquisitions and dispositions (including the amount and nature thereof and the expected timing, closing and use of proceeds of pending dispositions), financing and refinancing transactions and hedging activities, development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," “target,” “plan,” “guidance,” “outlook,” or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

SL GREEN REALTY CORP.

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited and in thousands, except per share data)

Three Months Ended Nine Months Ended

September 30, September 30,

Revenues: 2026 2025 2026 2025

Rental revenue, net $ 165,552  $ 149,672  $ 503,393  $ 441,725

Escalation and reimbursement revenues 20,381  18,864  61,298  55,067

SUMMIT Operator revenue 34,655  32,883  90,306  86,424

Investment income 2,615  4,356  7,618  26,809

Interest income from real estate loans held by consolidated securitization vehicles 14,687  10,838  44,079  47,868

Fee income 30,596  23,296  70,037  47,787

Other income 4,539  4,908  13,375  20,899

Total revenues 273,025  244,817  790,106  726,579

Expenses:

Operating expenses, including related party expenses of $0 and $6 in 2026 and $6 and $9 in 2025

58,700  57,673  180,407  164,840

Real estate taxes 42,190  37,627  126,537  112,594

Operating lease rent 6,898  6,106  20,740  18,317

SUMMIT Operator expenses 42,936  35,959  93,398  82,570

Interest expense, net of interest income 50,026  47,235  154,946  138,234

Amortization of deferred financing costs 2,480  1,724  7,438  5,153

SUMMIT Operator tax expense 616  1,279  2,424  2,781

Interest expense on senior obligations of consolidated securitization vehicles 14,687  10,838  44,079  45,827

Depreciation and amortization 63,629  63,216  200,659  187,874

Loan loss and other investment reserves, net of recoveries —  —  —  (71,326)

Transaction related costs 228  13,129  529  13,601

Marketing, general and administrative 23,253  23,701  68,820  67,004

Total expenses 305,643  298,487  899,977  767,469

Equity in net income (loss) from unconsolidated joint ventures 26,692  (9,287) 20,860  (30,892)

Income from debt fund investments, net 2,166  1,176  10,634  1,776

Equity in net (loss) gain on sale of interest in unconsolidated joint venture/real estate —  86,872  (814) 84,926

Purchase price and other fair value adjustments 4,261  11,138  14,106  (8,090)

Gain (loss) on sale of real estate, net 91,445  (1,068) 103,902  (1,717)

Depreciable real estate reserves (2,275) —  (37,435) (8,546)

Gain on sale of marketable securities —  —  —  10,232

Net income 89,671  35,161  1,382  6,799

Net income (loss) attributable to noncontrolling interests:

Noncontrolling interests in the Operating Partnership (5,797) (1,737) 3,036  503

Noncontrolling interests in other partnerships (5,688) (2,658) (25,194) 3,079

Preferred units distributions (2,256) (2,154) (6,713) (6,461)

Net income (loss) attributable to SL Green 75,930  28,612  (27,489) 3,920

Perpetual preferred stock dividends (3,738) (3,738) (11,213) (11,213)

Net income (loss) attributable to SL Green common stockholders $ 72,192  $ 24,874  $ (38,702) $ (7,293)

Earnings Per Share (EPS)

Basic earnings (loss) per share $ 1.01  $ 0.35  $ (0.56) $ (0.12)

Diluted earnings (loss) per share $ 1.01  $ 0.34  $ (0.56) $ (0.12)

Funds From Operations (FFO)

Basic FFO per share $ 1.63  $ 1.62  $ 3.93  $ 4.72

Diluted FFO per share $ 1.59  $ 1.58  $ 3.85  $ 4.60

Basic ownership interest

Weighted average REIT common shares for net income per share 70,441  70,443  70,598  70,435

Weighted average partnership units held by noncontrolling interests 4,610  3,875  4,814  3,998

Basic weighted average shares and units outstanding 75,051  74,318  75,412  74,433

Diluted ownership interest

Weighted average REIT common share and common share equivalents 71,967  72,553  72,189  72,442

Weighted average partnership units held by noncontrolling interests 4,610  3,875  4,814  3,998

Diluted weighted average shares and units outstanding 76,577  76,428  77,003  76,440

SL GREEN REALTY CORP.

CONSOLIDATED BALANCE SHEETS

(unaudited and in thousands, except per share data)

September 30, December 31,

2026 2025

Assets

Commercial real estate properties, at cost:

Land and land interests $ 1,534,127  $ 1,699,215

Building and improvements 4,068,129  4,012,305

Building leasehold and improvements 1,496,428  1,448,112

7,098,684  7,159,632

Less: accumulated depreciation (2,333,095) (2,306,377)

4,765,589  4,853,255

Assets held for sale 224,249  —

Cash and cash equivalents 186,439  155,747

Restricted cash 199,507  180,748

Investment in marketable securities 21,166  23,666

Tenant and other receivables 64,072  45,524

Related party receivables 17,195  16,293

Deferred rents receivable 255,497  266,678

Debt and preferred equity investments, net of discounts and deferred origination fees of $2 and $14 in 2026 and 2025, respectively, and allowances of $300 and $454 in 2026 and 2025, respectively

113,087  168,358

Investments in unconsolidated joint ventures 2,886,984  2,819,778

Debt fund investments, at fair value 434,219  152,958

Deferred costs, net 121,668  129,019

Right-of-use assets - operating leases 940,495  864,430

Real estate loans held by consolidated securitization vehicles, at fair value 1,003,918  1,023,877

Other assets 551,576  577,299

Total assets $ 11,785,661  $ 11,277,630

Liabilities

Mortgages and other loans payable $ 2,216,799  $ 2,154,499

Revolving credit facility 930,000  640,000

Unsecured term loan 1,150,000  1,150,000

Deferred financing costs, net (29,965) (13,063)

Total debt, net of deferred financing costs 4,266,834  3,931,436

Accrued interest payable 17,016  15,221

Accounts payable and accrued expenses 142,846  134,621

Deferred revenue 158,252  147,419

Lease liability - financing leases 109,182  108,183

Lease liability - operating leases 886,515  805,192

Dividend and distributions payable 48,910  2,536

Security deposits 66,859  68,276

Liabilities related to assets held for sale 866  —

Junior subordinate deferrable interest debentures held by trusts that issued trust preferred securities 100,000  100,000

Senior obligations of consolidated securitization vehicles, at fair value 1,003,918  1,023,877

Other liabilities (includes $166,736 and $244,941 at fair value as of September 30, 2026 and December 31, 2025, respectively)

513,358  587,779

Total liabilities 7,314,556  6,924,540

Commitments and contingencies

Noncontrolling interests in Operating Partnership 273,718  241,371

Preferred units and redeemable equity 203,508  199,271

Equity

SL Green stockholders' equity:

Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 and 9,200 issued and outstanding at both September 30, 2026 and December 31, 2025

221,932  221,932

Common stock, $0.01 par value 160,000 shares authorized, 70,945 and 71,159 issued and outstanding at September 30, 2026 and December 31, 2025, respectively

708  711

Additional paid-in capital 4,213,109  4,212,590

Accumulated other comprehensive income (loss) 28,201  (22,198)

Retained deficit (964,016) (741,880)

Total SL Green Realty Corp. stockholders’ equity 3,499,934  3,671,155

Noncontrolling interests in other partnerships 493,945  241,293

Total equity 3,993,879  3,912,448

Total liabilities and equity $ 11,785,661  $ 11,277,630

SL GREEN REALTY CORP.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(unaudited and in thousands, except per share data)

Three Months Ended Nine Months Ended

September 30, September 30,

Funds From Operations (FFO) Reconciliation: 2026 2025 2026 2025

Net income (loss) attributable to SL Green common stockholders $ 72,192  $ 24,874  $ (38,702) $ (7,293)

Add:

Depreciation and amortization 63,629  63,216  200,659  187,874

SLG's share of unconsolidated joint ventures depreciation and amortization 72,964  127,170  217,701  247,874

Net income (loss) attributable to noncontrolling interests 11,485  4,395  22,158  (3,582)

Less:

Equity in net (loss) gain on sale of interest in unconsolidated joint venture/real estate —  86,872  (814) 84,926

Purchase price and other fair value adjustments 477  9,652  7,953  (5,291)

Gain (loss) on sale of real estate, net 91,445  (1,068) 103,902  (1,717)

Depreciable real estate reserves (2,275) —  (37,435) (8,546)

Depreciable real estate reserves in unconsolidated joint venture —  —  —  (1,780)

Depreciation on non-rental real estate assets 1,478  1,628  4,483  4,312

Noncontrolling interests in consolidated joint ventures 7,071  2,186  27,451  1,526

FFO attributable to SL Green common stockholders and unit holders $ 122,074  $ 120,385  $ 296,276  $ 351,443

SL GREEN REALTY CORP.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(unaudited and in thousands, except per share data)

Three Months Ended Nine Months Ended

September 30, September 30,

Operating income and Same-store NOI Reconciliation: 2026 2025 2026 2025

Net income $ 89,671  $ 35,161  $ 1,382  $ 6,799

Depreciable real estate reserves 2,275  —  37,435  8,546

(Gain) Loss on sale of real estate, net (91,445) 1,068  (103,902) 1,717

Purchase price and other fair value adjustments (4,261) (11,138) (14,106) 8,090

Equity in net (loss) gain on sale of interest in unconsolidated joint venture/real estate —  (86,872) 814  (84,926)

Gain on sale of marketable securities —  —  —  (10,232)

Depreciation and amortization 63,629  63,216  200,659  187,874

SUMMIT Operator tax expense 616  1,279  2,424  2,781

Amortization of deferred financing costs 2,480  1,724  7,438  5,153

Interest expense, net of interest income 50,026  47,235  154,946  138,234

Interest expense on senior obligations of consolidated securitization vehicles 14,687  10,838  44,079  45,827

Operating income 127,678  62,511  331,169  309,863

Equity in net (income) loss from unconsolidated joint ventures (26,692) 9,287  (20,860) 30,892

Income from debt fund investments, net (2,166) (1,176) (10,634) (1,776)

Marketing, general and administrative expense 23,253  23,701  68,820  67,004

Transaction related costs 228  13,129  529  13,601

Loan loss and other investment reserves, net of recoveries —  —  —  (71,326)

SUMMIT Operator expenses 42,936  35,959  93,398  82,570

Investment income (2,615) (4,356) (7,618) (26,809)

Interest income from real estate loans held by consolidated securitization vehicles (14,687) (10,838) (44,079) (47,868)

SUMMIT Operator revenue (34,655) (32,883) (90,306) (86,424)

Non-building revenue (26,955) (20,271) (59,524) (40,406)

Net operating income (NOI) 86,325  75,063  260,895  229,321

Equity in net income (loss) from unconsolidated joint ventures 26,692  (9,287) 20,860  (30,892)

SLG's share of unconsolidated JV depreciable real estate reserves —  —  —  1,780

SLG's share of unconsolidated JV depreciation and amortization 68,880  66,616  207,074  194,844

SLG's share of unconsolidated JV amortization of deferred financing costs 4,101  3,558  12,519  9,856

SLG's share of unconsolidated JV interest expense, net of interest income 74,059  67,628  216,017  194,883

SLG's share of unconsolidated JV gain on early extinguishment of debt —  (57,187) 4,796  (57,187)

SLG's share of unconsolidated JV investment income (554) (3,963) (1,759) (13,940)

SLG's share of unconsolidated JV loan loss and other investment reserves, net of recoveries —  —  —  14,531

SLG's share of unconsolidated JV non-building revenue (2,153) (1,645) (5,599) (5,219)

NOI including SLG share of unconsolidated JVs 257,350  140,783  714,803  537,977

NOI from other properties/affiliates (73,925) 30,394  (185,804) (36,758)

Same-Store NOI 183,425  171,177  528,999  501,219

Straight-line and free rent (3,462) 693  (10,052) 1,844

Amortization of acquired above and below-market leases, net 266  146  1,082  389

Operating lease straight-line adjustment 1,532  204  1,893  611

SLG's share of unconsolidated JV straight-line and free rent (14,003) (10,396) (32,949) (33,788)

SLG's share of unconsolidated JV amortization of acquired above and below-market leases, net (6,718) (6,268) (20,394) (18,498)

Same-store cash NOI $ 161,040  $ 155,556  $ 468,579  $ 451,777

Lease termination income (387) (270) (1,128) (4,875)

SLG's share of unconsolidated JV lease termination income (1,001) (3,189) (7,333) (5,421)

Same-store cash NOI excluding lease termination income $ 159,652  $ 152,097  $ 460,118  $ 441,481

SL GREEN REALTY CORP.

NON-GAAP FINANCIAL MEASURES - DISCLOSURES

Funds from Operations (FFO)

FFO is a widely recognized non-GAAP financial measure of REIT performance. The Company computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, or Nareit, which may not be comparable to FFO reported by other REITs that do not compute FFO in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The revised White Paper on FFO approved by the Board of Governors of Nareit in April 2002, and subsequently amended in December 2018, defines FFO as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), excluding gains (or losses) from sales of properties, and real estate related impairment charges, plus real estate related depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.

The Company presents FFO because it considers it an important supplemental measure of the Company’s operating performance and believes that it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, particularly those that own and operate commercial office properties. The Company also uses FFO as one of several criteria to determine performance-based compensation for members of its senior management. FFO is intended to exclude GAAP historical cost depreciation and amortization of real estate and related assets, which assumes that the value of real estate assets diminishes ratably over time. Historically, however, real estate values have risen or fallen with market conditions. Because FFO excludes depreciation and amortization unique to real estate, gains and losses from property dispositions, and real estate related impairment charges, it provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, and interest costs, providing perspective not immediately apparent from net income. FFO does not represent cash generated from operating activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance or to cash flow from operating activities (determined in accordance with GAAP) as a measure of the Company’s liquidity, nor is it indicative of funds available to fund the Company’s cash needs, including the Company's ability to make cash distributions.

Funds Available for Distribution (FAD)

FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

FAD is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined in accordance with GAAP. FAD is presented solely as a supplemental disclosure with respect to liquidity. Because all companies do not calculate FAD the same way, the presentation of FAD may not be comparable to similarly titled measures of other companies. FAD does not represent cash flow from operating, investing and finance activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.

Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre)

EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

The Company presents EBITDAre because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company’s ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.

Net Operating Income (NOI) and Cash NOI

NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

The Company presents NOI and Cash NOI because the Company believes that these measures, when taken together with the corresponding GAAP financial measures and reconciliations, provide investors with meaningful information regarding the operating performance of properties. When operating performance is compared across multiple periods, the investor is provided with information not immediately apparent from net income that is determined in accordance with GAAP. NOI and Cash NOI provide information on trends in the revenue generated and expenses incurred in operating the Company's properties, unaffected by the cost of leverage, straight-line adjustments, depreciation, amortization, and other net income components. The Company uses these metrics internally as performance measures. None of these measures is an alternative to net income (determined in accordance with GAAP) and same-store performance should not be considered an alternative to GAAP net income performance.

Coverage Ratios

The Company presents fixed charge and debt service coverage ratios to provide a measure of the Company’s financial flexibility to service current debt amortization, interest expense and operating lease rent from current cash net operating income. These coverage ratios represent a common measure of the Company’s ability to service fixed cash payments; however, these ratios are not used as an alternative to cash flow from operating, financing and investing activities (determined in accordance with GAAP).

SLG-EARN

EX-99.2

EX-99.2

Filename: a26q3supplemental.htm · Sequence: 3

Document

SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties.

As of September 30, 2026, the Company held interests in 53 buildings totaling 30.3 million square feet, which included ownership interests in 28.9 million square feet and 1.4 million square feet securing debt and preferred equity investments, excluding fund investments, and managed 5 buildings totaling 1.3 million square feet owned by third parties.

•SL Green’s common stock is listed on the New York Stock Exchange and trades under the symbol SLG.

•SL Green's website is www.slgreen.com.

•This data is furnished to supplement audited and unaudited regulatory filings of the Company and should be read in conjunction with those filings. The financial data herein is unaudited and is provided to assist readers of quarterly and annual financial filings and should not be read in replacement of, or superior to, such financial filings. As such, data otherwise contained in future regulatory filings covering the same period may restate the data presented herein.

Questions pertaining to the information contained herein should be referred to Investor Relations at investor.relations@slgreen.com.

Forward-looking Statements

This supplemental reporting package includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this supplemental reporting package that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as our earnings guidance, future capital expenditures, dividends, acquisitions and dispositions (including the amount and nature thereof and the expected timing, closing and use of proceeds of pending dispositions), financing and refinancing transactions and hedging activities, development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," “target,” “plan,” “guidance,” “outlook,” or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this supplemental reporting package are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

The following discussion related to the consolidated financial statements of the Company should be read in conjunction with the financial statements for the quarter ended September 30, 2026 that will be included on Form 10-Q to be filed on or before November 9, 2026.

Supplemental Information

2

Third Quarter 2026

TABLE OF CONTENTS

Definitions

4

Highlights

6

Key Financial Data

9

-

11

Office Leasing Statistics

12

Comparative Balance Sheets

13

Comparative Statements of Operations

15

Comparative Computation of FFO and FAD

16

Consolidated Statement of Equity

17

Joint Venture Statements

18

-

19

Selected Financial Data

21

-

24

Debt Summary Schedule

25

-

27

Derivative Summary Schedule

28

Lease Liability Schedule

29

Debt and Preferred Equity Investments

30

Selected Property Data

Property Portfolio

31

-

35

Largest Tenants

36

Tenant Diversification

37

Leasing Activity

38

-

39

Lease Expirations

40

-

42

Summary of Real Estate Acquisition/Disposition Activity

43

-

47

Non-GAAP Disclosures and Reconciliations

48

Analyst Coverage

51

Executive Management

52

Supplemental Information

3

Third Quarter 2026

DEFINITIONS

Annualized cash rent - Monthly base rent and escalations per the lease, excluding concessions, deferrals, and abatements as of the last day of the quarter, multiplied by 12.

ASP - Alternative strategy portfolio.

Capitalized Interest - The total of i) interest cost for project specific debt on properties that are under development or redevelopment, based on the property’s vacancy rate, plus ii) an imputed interest cost for properties that are under development or redevelopment, which is calculated based on the Company’s equity investment in those properties and the property’s vacancy rate multiplied by the Company’s consolidated weighted average borrowing rate. Capitalized Interest is a component of the carrying value of a development or redevelopment property.

CMBS Investments - Investments in commercial mortgage-backed securities.

Commenced Occupancy - Calculated based on the square footage for which lease terms have commenced per the underlying lease. For GAAP purposes revenue may not yet be recognized for certain commenced leases as of the reporting date.

Consolidated securitization vehicle - CMBS securitization trusts for which the terms of our investment and special servicing assignment give us the ability to direct the activities that could significantly impact the trust's economic performance.

Debt service coverage - Operating Income adding back income taxes, loan loss reserves and the Company's share of joint venture depreciation and amortization, divided by total interest and principal payments.

Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre) - EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

Economic Occupancy - Calculated based on the square footage on which revenue is being recognized for GAAP purposes as of the reporting date, which may differ from the square footage on which cash rent is being collected.

First generation TIs and LCs - Tenant improvements (TIs), leasing commissions (LCs), and other leasing costs, which are generally incurred during the first 4-5 years following acquisition of a property, to bring a property up to the Company's operating standards.

Fixed charge - Total payments for interest, loan principal amortization, ground rent and preferred stock dividends.

Fixed charge coverage - Operating Income adding back income taxes, loan loss reserves and the Company's share of joint venture depreciation and amortization, divided by Fixed Charge. The calculation of fixed charge coverage for purposes of our credit facility covenants is governed by the terms of the credit facility.

Funds Available for Distribution (FAD) - FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

Funds from Operations (FFO) - FFO is a widely recognized non-GAAP financial measure of REIT performance. The Company computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, or Nareit, which may not be comparable to FFO reported by other REITs that do not compute FFO in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The revised White Paper on FFO approved by the Board of Governors of Nareit in April 2002, and subsequently amended in December 2018, defines FFO as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), excluding gains (or losses) from sales of properties, and real estate related impairment charges, plus real estate related depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.

Junior Mortgage Participations - Subordinate interests in first mortgages.

Leased Occupancy - Calculated based on the square footage leased under executed leases as of the reporting date, regardless of whether the leases have commenced or the tenants have taken possession of the leased space.

Mezzanine Debt - Loans secured by ownership interests in real estate.

Net Operating Income (NOI) and Cash NOI - NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

Preferred Equity Investments - Equity investments that are senior to common equity and are entitled to preferential returns.

Recurring capital expenditures - Capital expenditure required to maintain a property at the Company’s operating standards.

Redevelopment costs - Non-recurring capital expenditures incurred to improve properties to the Company’s operating standards.

Rentable Square Footage - The total space designated as rentable under the in-place lease agreements and vacant rentable space available to be leased.

Right of Use Assets / Lease Liabilities - Represents the right to control the use of leased property and the corresponding obligation, both measured at inception as the present value of the lease payments. The asset and related liability are classified as either operating or financing based on the length and cost of the lease and whether the lease contains a purchase option or a transfer of ownership. Operating leases are expensed through operating lease rent while financing leases are expensed through amortization and interest expense.

Supplemental Information

4

Third Quarter 2026

DEFINITIONS

Same-Store Properties (Same-Store) - Properties in service and operating during both the current and prior year reporting periods that are located in Manhattan. Same-Store excludes development and redevelopment properties that are not stabilized for both the current and prior year and excludes properties sold and ASP assets. Changes to Same-Store properties in 2026 are as follows:

Added to Same-Store in 2026:

Removed from Same-Store in 2026:

500 Park Avenue 7 Dey Street (sold)

One Madison Avenue

10 East 53rd Street (sold)

Second generation TIs and LCs - Tenant improvements, leasing commissions, and other leasing costs that do not meet the definition of first generation TIs and LCs.

SLG Interest - 'SLG Share' or 'Share of JV' is computed by multiplying the referenced line item by the Company's percentage ownership or economic interest in the respective joint ventures and may not accurately depict the legal and/or economic implications of holding a non-controlling interest in the respective joint ventures.

Total square feet owned - The total square footage of properties either wholly owned by the Company or in which the Company has a joint venture interest.

Supplemental Information

5

Third Quarter 2026

THIRD QUARTER 2026 HIGHLIGHTS

Unaudited

NEW YORK, October 21, 2026 - SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported net income attributable to common stockholders for the quarter ended September 30, 2026 of $72.2 million, or $1.01 per share, as compared to net income of $24.9 million, or $0.34 per share, for the same period in 2025.

The Company reported net loss attributable to common stockholders for the nine months ended September 30, 2026 of $38.7 million, or $0.56 per share, as compared to net loss of $7.3 million, or $0.12 per share, for the same period in 2025.

The Company reported FFO for the quarter ended September 30, 2026 of $122.1 million, or $1.59 per share, as compared to FFO of $120.4 million, or $1.58 per share, for the same period in 2025.

The Company reported FFO for the nine months ended September 30, 2026 of $296.3 million or $3.85 per share as compared to FFO of $351.4 million, or $4.60 per share, for the same period in 2025, which included $71.6 million, or $0.94 per share, of income, excluding interest income, related to the repayment of the commercial mortgage investment at 522 Fifth Avenue.

All per share amounts are presented on a diluted basis.

Operating and Leasing Activity

Manhattan same-store cash NOI, including the Company's share of same-store cash NOI from unconsolidated joint ventures, increased by 5.0% for the third quarter of 2026 and 4.2% for the first nine months of 2026, excluding lease termination income, as compared to the same periods in 2025.

During the third quarter of 2026, the Company signed 38 office leases in its Manhattan office portfolio totaling 591,108 square feet. The average rent on the Manhattan office leases signed in the third quarter of 2026 was $105.75 per rentable square foot, with an average lease term of 10.7 years and average tenant concessions of 8.2 months of free rent with a tenant improvement allowance of $85.20 per rentable square foot. Twenty-eight leases comprising 449,076 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $110.88 per rentable square foot, representing a 13.6% increase over the previous fully escalated rents on the same office spaces.

During the nine months ended September 30, 2026, the Company signed 142 office leases in its Manhattan office portfolio totaling 1,965,533 square feet. The average rent on the Manhattan office leases signed in 2026 was $102.61 per rentable square foot with an average lease term of 9.1 years and average tenant concessions of 8.6 months of free rent with a tenant improvement allowance of $89.88 per rentable square foot. Ninety-four leases comprising 1,424,546 square feet, representing office leases on space that had been occupied within the prior twelve months, are considered replacement leases on which mark-to-market is calculated. Those replacement leases had average starting rents of $109.99 per rentable square foot, representing a 15.7% increase over the previous fully escalated rents on the same office spaces.

Occupancy in the Company's Manhattan same-store office portfolio increased to 95.0% as of September 30, 2026, inclusive of leases signed but not yet commenced, as compared to 92.9% at the end of 2025.

Supplemental Information

6

Third Quarter 2026

THIRD QUARTER 2026 HIGHLIGHTS

Unaudited

Significant leasing activity in the third quarter includes:

•New lease with Legora, Inc. for 98,420 square feet at 11 Madison Avenue;

•Early renewal with IMG Worldwide LLC for 90,202 square feet at 304 Park Avenue South;

•New lease with Landesbank Baden-Württemberg for 58,332 square feet at 1185 Avenue of the Americas;

•New lease with Nearwater Management, LLC for 37,563 square feet at 245 Park Avenue;

•New expansion lease with Greenberg Traurig LLP for 33,477 square feet at One Vanderbilt Avenue;

•New lease with OceanSound Partners, LP for 32,032 square feet at 450 Park Avenue;

•Early renewal with Haworth, Inc. for 30,365 square feet at 125 Park Avenue.

Earnings Guidance

The Company is increasing its previously announced 2026 FFO guidance range for the year ending December 31, 2026 from $5.60-$5.90 per share to $6.50-$6.70 per share, which reflects $1.10 per share of incremental income from the sale of a 20% joint venture interest in an entity related to the Company's food and beverage hospitality operations, offset by $0.25 per share attributable to the higher interest rate environment. The Company is also increasing its previously announced 2026 net income guidance range from $0.20-$0.50 per share to $0.40-$0.60 per share.

Investment Activity

In September, the Company entered into a contract to sell 110 Greene Street for total consideration of $226.0 million. The transaction, which is expected to close in the fourth quarter of 2026, subject to customary closing conditions, will generate net cash proceeds to the Company of approximately $216.0 million that will be used for corporate debt repayment.

In August, the Company closed on the previously announced sale of 10 East 53rd Street for total consideration of $312.2 million. The Company received net cash proceeds of $99.0 million.

During the third quarter, the Company deployed $100.7 million of the $1.3 billion Fund and $359.0 million to date in 2026, bringing total Fund deployment to $643.1 million, of which $528.8 million has been funded, and $18.9 million of which has since been repaid.

In October, the Company closed on the sale of a 20% joint venture interest in an entity related to the Company's food and beverage hospitality operations, at a gross valuation of $200.0 million. The transaction generated proceeds to the Company of $40.0 million.

In October, the Company closed on the sale of the 26,000 square foot office condominium at 185 Broadway for $9.0 million. The Company received net cash proceeds of $8.7 million.

Financing Activity

In October, the Company and its joint venture partner closed on a $2.0 billion refinancing of 245 Park Avenue. The five-year, fixed-rate financing was priced at a spread of 147 basis points above the U.S Treasury index, resulting in an interest rate of 6.52%. SL Green hedged its share of the financing to an effective interest rate of 6.37%. The single-asset, single-borrower (SASB) CMBS execution was agented by world-class institutions led by JPMorgan Chase Bank, N.A., with participation from Bank of America, Deutsche Bank, Bank of Montreal, Goldman Sachs, Société Générale and Citibank. The new financing replaces the property's previous $1.768 billion of mortgage and mezzanine financing.

Institutional Investor Conference

The Company will host its Annual Institutional Investor Conference on Monday, December 7, 2026 beginning at 9:00 a.m. ET. The event will be held in-person, by invitation only. The presentation will be available online via audio webcast, in listen-only mode, and the accompanying presentation materials can be accessed in the Investors section of the SL Green Realty Corp. website at www.slgreen.com on the day of the conference. An audio replay of the presentation will be available in the Investors section of the SL Green Realty Corp. website following the conference.

For more information about the event, please email SLG2026@slgreen.com.

Supplemental Information

7

Third Quarter 2026

THIRD QUARTER 2026 HIGHLIGHTS

Unaudited

Dividends

In the third quarter of 2026, the Company declared:

•A quarterly ordinary dividend on its outstanding common stock of $0.6175 per share, which was paid in cash on October 15, 2026, and is the equivalent of an annualized dividend of $2.47 per share;

•A quarterly dividend on its outstanding 6.50% Series I Cumulative Redeemable Preferred Stock of $0.40625 per share for the period July 15, 2026 through and including October 14, 2026, which was paid in cash on October 15, 2026, and is the equivalent of an annualized dividend of $1.625 per share.

Conference Call and Audio Webcast

The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, October 22, 2026, at 2:00 p.m. ET to discuss the financial results.

Supplemental data will be available prior to the quarterly conference call in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under “Financial Reports.”

The live conference call will be webcast in listen-only mode and a replay will be available in the Investors section of the SL Green Realty Corp. website at www.slgreen.com under “Presentations & Webcasts.”

Research analysts who wish to participate in the conference call must first register at https://register-conf.media-server.com/register/BI6e8d3796e9b044fbb7f0dca147720564.

Supplemental Information

8

Third Quarter 2026

KEY FINANCIAL DATA

Unaudited

(Dollars in Thousands Except Per Share)

As of or for the three months ended

9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025

Earnings Per Share

Net income (loss) available to common stockholders (EPS) - diluted $ 1.01  $ (0.38) $ (1.20) $ (1.49) $ 0.34

Funds from operations (FFO) available to common stockholders - diluted $ 1.59  $ 1.43  $ 0.84  $ 1.13  $ 1.58

Common Share Price & Dividends

Closing price at the end of the period $ 48.92  $ 51.77  $ 36.94  $ 45.87  $ 59.81

Closing high price during period $ 59.83  $ 52.93  $ 49.39  $ 60.52  $ 65.67

Closing low price during period $ 48.33  $ 36.06  $ 35.33  $ 41.53  $ 52.04

Annual dividend per common share $ 2.47  $ 2.47  $ 2.47  $ 3.09  $ 3.09

Common Shares & Units

Common shares outstanding 70,945  70,853  71,124  71,159  71,028

Units outstanding 5,298  5,547  5,878  4,878  4,850

Total common shares and units outstanding 76,243  76,400  77,002  76,037  75,878

Weighted average common shares and units outstanding - basic 75,051  75,525  75,667  74,331  74,318

Weighted average common shares and units outstanding - diluted 76,577  76,874  77,250  76,594  76,428

Market Capitalization

Market value of common equity $ 3,729,808  $ 3,955,228  $ 2,844,454  $ 3,487,817  $ 4,538,263

Liquidation value of preferred equity/units and redeemable equity 433,507  434,344  434,318  429,271  424,393

Consolidated debt 4,396,799  4,549,130  4,774,283  4,044,499  4,028,382

Consolidated market capitalization $ 8,560,114  $ 8,938,702  $ 8,053,055  $ 7,961,587  $ 8,991,038

SLG share of unconsolidated JV debt 5,984,210  5,987,615  5,997,411  5,897,198  5,805,174

Market capitalization including SLG share of unconsolidated JVs $ 14,544,324  $ 14,926,317  $ 14,050,466  $ 13,858,785  $ 14,796,212

Debt service coverage, including SLG share of unconsolidated JVs (trailing 12 months) 1.80x 1.70x 1.71x 1.81x 1.86x

Fixed charge coverage, including SLG share of unconsolidated JVs (trailing 12 months) 1.64x 1.55x 1.56x 1.65x 1.69x

Supplemental Information

9

Third Quarter 2026

KEY FINANCIAL DATA

Unaudited

(Dollars in Thousands Except Per Share)

As of or for the three months ended

9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025

Selected Balance Sheet Data

Real estate assets before depreciation $ 7,098,684  $ 7,331,106  $ 7,612,191  $ 7,159,632  $ 7,135,236

Debt and preferred equity investments 113,087  113,085  118,083  168,358  171,412

Investments in unconsolidated joint ventures 2,886,984  2,849,912  2,723,563  2,819,778  2,818,685

Consolidated debt fund investments 434,219  379,004  293,243  152,958  73,402

Cash and cash equivalents 186,439  180,788  143,867  155,747  187,039

Investment in marketable securities 21,166  21,273  25,330  23,666  16,099

Total assets 11,785,661  11,809,001  11,981,740  11,277,630  11,335,379

Consolidated fixed rate & hedged debt 3,409,386  3,619,708  4,108,672  3,678,450  3,603,866

Consolidated variable rate debt 987,413  929,422  665,611  366,049  424,516

Total consolidated debt 4,396,799  4,549,130  4,774,283  4,044,499  4,028,382

Deferred financing costs, net of amortization (29,965) (32,386) (35,673) (13,063) (13,632)

Total consolidated debt, net 4,366,834  4,516,744  4,738,610  4,031,436  4,014,750

Total liabilities 7,314,556  7,390,991  7,620,208  6,924,540  6,933,882

Fixed rate & hedged debt, including SLG share of unconsolidated JV debt 8,662,298  8,876,061  9,372,652  9,092,996  8,930,609

Variable rate debt, including SLG share of unconsolidated JV debt (1)

1,246,634  1,188,643  920,611  370,270  424,516

ASP debt, including SLG share of unconsolidated ASP JV debt 472,077  472,041  478,431  478,431  478,431

Total debt, including SLG share of unconsolidated JV debt $ 10,381,009  $ 10,536,745  $ 10,771,694  $ 9,941,697  $ 9,833,556

(1) Does not reflect floating rate debt and preferred equity investments that provide a hedge against floating rate debt.

Supplemental Information

10

Third Quarter 2026

KEY FINANCIAL DATA

Unaudited

(Dollars in Thousands Except Per Share)

As of or for the three months ended

9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025

Selected Operating Data

Property operating revenues $ 185,933  $ 191,882  $ 186,876  $ 183,313  $ 168,536

Property operating expenses (107,788) (109,583) (110,313) (109,794) (101,406)

Property NOI $ 78,145  $ 82,299  $ 76,563  $ 73,519  $ 67,130

SLG share of unconsolidated JV Property NOI 137,100  126,175  119,941  119,852  124,381

Property NOI, including SLG share of unconsolidated JV Property NOI $ 215,245  $ 208,474  $ 196,504  $ 193,371  $ 191,511

SUMMIT Operator revenue 34,655  31,509  24,142  35,920  32,883

Investment income, including SLG share of unconsolidated JVs 3,169  3,438  2,770  2,994  8,319

Income (loss) from consolidated debt fund investments, net 2,166  5,990  2,478  (3,222) 1,176

Fee & other income, including SLG share of unconsolidated JVs 38,638  28,341  30,449  46,301  33,471

Loss (gain) on early extinguishment of debt, including SLG share of unconsolidated JVs —  —  (4,796) —  57,187

SUMMIT Operator expenses (42,936) (25,520) (24,942) (33,794) (35,959)

Loan loss and other investment reserves, net of recoveries —  —  —  —  —

Transaction costs, including SLG share of unconsolidated JVs (228) (17) (284) (341) (13,129)

Marketing general & administrative expenses (23,253) (22,781) (22,786) (22,306) (23,701)

Income taxes, including SLG share of unconsolidated JVs (1,757) 1,693  (1,045) 2,305  137

EBITDAre $ 225,699  $ 231,127  $ 202,490  $ 221,228  $ 251,895

Manhattan Properties

Property operating revenues $ 179,980  $ 187,399  $ 182,083  $ 178,189  $ 164,342

Property operating expenses 96,262  96,896  97,548  98,034  88,987

Property NOI $ 83,718  $ 90,503  $ 84,535  $ 80,155  $ 75,355

Other income - consolidated $ 1,811  $ 2,429  $ 964  $ 2,610  $ 1,665

SLG share of property NOI from unconsolidated JVs $ 137,214  $ 126,298  $ 120,056  $ 127,442  $ 124,737

Office Portfolio Statistics (Manhattan Operating Properties)

Consolidated office buildings in service 16  17  17  16  16

Unconsolidated office buildings in service 10  10  10  10  10

26  27  27  26  26

Consolidated office buildings in service - square footage 9,748,552  10,102,852 10,102,852 9,480,852 9,788,852

Unconsolidated office buildings in service - square footage 13,868,633  13,868,633 13,868,633 13,868,633 13,560,633

23,617,185  23,971,485  23,971,485  23,349,485  23,349,485

Supplemental Information

11

Third Quarter 2026

OFFICE LEASING STATISTICS

Manhattan Operating Properties

As of or for the three months ended

9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025

Signed Leasing

Same-Store office occupancy inclusive of leases signed not yet commenced 95.0% 94.8% 94.3% 92.9% 91.8%

New leases signed 26  40  44  44  34

Renewal leases signed 12  13  7  12  18

Total office leases signed 38  53  51  56  52

Signed office square footage filling vacancy 142,032 136,481 262,474 303,978 338,686

Signed office square footage on previously occupied space (M-T-M leasing) (1)

449,076 308,680 666,790 462,805 319,256

Total office square footage signed 591,108 445,161 929,264 766,783 657,942

Average starting cash rent psf - office leases signed $ 110.88  $ 98.42  $ 114.75  $ 91.74  $ 90.65

Previous escalated cash rent psf - office leases signed (2)

$ 97.58  $ 83.42  $ 98.85  $ 86.22  $ 93.13

Increase (decrease) in new cash rent over previously escalated cash rent (1) (2)

13.6% 18.0% 16.1% 6.4% (2.7)%

Average lease term 10.7 5.8 9.8 8.5 8.9

Tenant concession packages psf $ 85.20  $ 58.77  $ 107.76  $ 97.54  $ 99.09

Free rent months 8.2 4.5 10.9 8.8 9.1

Commenced Leasing

Same-Store office occupancy based on commenced leases 92.8% 92.2% 91.1% 89.9% 90.1%

New leases commenced 34  49  43  29  33

Renewal leases commenced 12  13  7  12  18

Total office leases commenced 46  62  50  41  51

Commenced office square footage filling vacancy 101,742 361,975 277,335 146,707 390,460

Commenced office square footage on previously occupied space (M-T-M leasing) (1)

436,131 339,798 262,692 244,368 384,800

Total office square footage commenced 537,873 701,773 540,027 391,075 775,260

Average starting cash rent psf - office leases commenced $ 96.59  $ 99.04  $ 104.74  $ 84.32  $ 95.42

Previous escalated cash rent psf - office leases commenced (2)

$ 96.16  $ 93.76  $ 99.44  $ 83.28  $ 90.77

Increase (decrease) in new cash rent over previously escalated cash rent (1) (2)

0.5% 5.6% 5.3% 1.3% 5.1%

Average lease term 8.1 7.6 10.2 5.7 10.5

Tenant concession packages psf $ 81.16  $ 86.99  $ 112.51  $ 49.69  $ 108.39

Free rent months 7.9 6.7 11.0 4.2 9.1

(1) Calculated on space that was occupied within the previous 12 months.

(2) Previously escalated cash rent includes base rent plus all additional amounts paid by the previous tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment.

Supplemental Information

12

Third Quarter 2026

COMPARATIVE BALANCE SHEETS

Unaudited

(Dollars in Thousands)

As of

9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025

Assets

Commercial real estate properties, at cost:

Land and land interests $ 1,534,127  $ 1,579,973  $ 1,848,531  $ 1,699,215  $ 1,627,895

Building and improvements 4,068,129  4,272,142  4,298,249  4,012,305  4,082,434

Building leasehold and improvements 1,496,428  1,478,991  1,465,411  1,448,112  1,424,907

7,098,684  7,331,106  7,612,191  7,159,632  7,135,236

Less: accumulated depreciation (2,333,095) (2,359,905) (2,321,290) (2,306,377) (2,266,042)

Net real estate 4,765,589  4,971,201  5,290,901  4,853,255  4,869,194

Other real estate investments:

Debt and preferred equity investments, net

113,087

113,085  118,083  168,358  171,412

Investment in unconsolidated joint ventures 2,886,984  2,849,912  2,723,563  2,819,778  2,818,685

Consolidated debt fund investments 434,219  379,004  293,243  152,958  73,402

Assets held for sale 224,249  214,586  211,222  —  —

Cash and cash equivalents 186,439  180,788  143,867  155,747  187,039

Restricted cash 199,507  200,961  194,772  180,748  170,004

Investment in marketable securities 21,166 21,273  25,330  23,666  16,099

Tenant and other receivables 64,072  60,180  56,724  45,524  136,787

Related party receivables 17,195  13,867  25,161  16,293  15,287

Deferred rents receivable 255,497  262,008  262,730  266,678  268,770

Deferred costs, net 121,668  126,621  129,428  129,019  117,054

Right-of-use assets - operating leases 940,495  902,113  909,377  864,430  869,929

Real estate loans held by consolidated securitization vehicles 1,003,918  1,031,212  1,027,164  1,023,877  1,013,273

Other assets 551,576  482,190  570,175  577,299  608,444

Total Assets $ 11,785,661  $ 11,809,001  $ 11,981,740  $ 11,277,630  $ 11,335,379

Supplemental Information

13

Third Quarter 2026

COMPARATIVE BALANCE SHEETS

Unaudited

(Dollars in Thousands)

As of

9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025

Liabilities

Mortgages and other loans payable $ 2,216,799  $ 2,244,805  $ 2,509,135  $ 2,154,499  $ 2,288,382

Unsecured term loans 1,150,000  1,150,000  1,150,000  1,150,000  1,150,000

Unsecured notes —  —  —  —  100,000

Revolving credit facility 930,000  850,000  825,000  640,000  390,000

Deferred financing costs (29,965) (32,386) (35,673) (13,063) (13,632)

Total debt, net of deferred financing costs 4,266,834  4,212,419  4,448,462  3,931,436  3,914,750

Accrued interest payable 17,016  17,637  19,791  15,221  17,803

Accounts payable and accrued expenses 142,846  129,346  118,912  134,621  140,232

Deferred revenue 158,252  154,999  168,980  147,419  164,132

Lease liability - financing leases 109,182  108,847  108,515  108,183  107,846

Lease liability - operating leases 886,515  844,823  851,142  805,192  809,665

Dividends and distributions payable 48,910  49,009  49,380  2,536  21,942

Security deposits 66,859  70,515  73,638  68,276  65,356

Liabilities related to assets held for sale 866  218,333  189,842  —  —

Junior subordinated deferrable interest debentures 100,000  100,000  100,000  100,000  100,000

Senior obligations of consolidated securitization vehicles 1,003,918  1,031,212  1,027,164  1,023,877  1,013,273

Other liabilities 513,358  453,851  464,382  587,779  578,883

Total Liabilities 7,314,556  7,390,991  7,620,208  6,924,540  6,933,882

Noncontrolling interests in Operating Partnership

(5,298 units outstanding at 9/30/2026)

273,718  297,076  259,415  241,371  280,873

Preferred units and redeemable equity 203,508  204,344  204,319  199,271  194,392

Equity

SL Green stockholders' equity:

Series I Preferred Stock 221,932  221,932  221,932  221,932  221,932

Common stock, $0.01 par value, 160,000 shares authorized, 70,945

issued and outstanding at 9/30/2026

708  705  711  711  710

Additional paid–in capital 4,213,109  4,206,490  4,213,856  4,212,590  4,205,443

Accumulated other comprehensive earnings (loss) 28,201  5,353  (7,287) (22,198) (19,784)

Retained deficit (964,016) (1,016,905) (892,890) (741,880) (634,653)

Total SL Green Realty Corp. stockholders' equity 3,499,934  3,417,575  3,536,322  3,671,155  3,773,648

Noncontrolling interests in other partnerships 493,945  499,015  361,476  241,293  152,584

Total Equity 3,993,879  3,916,590  3,897,798  3,912,448  3,926,232

Total Liabilities and Equity $ 11,785,661  $ 11,809,001  $ 11,981,740  $ 11,277,630  $ 11,335,379

Supplemental Information

14

Third Quarter 2026

COMPARATIVE STATEMENT OF OPERATIONS

Unaudited

(Dollars in Thousands Except Per Share)

Three Months Ended Nine Months Ended

September 30, June 30, September 30, September 30, September 30,

2026 2026 2025 2026 2025

Revenues

Rental revenue, net $ 165,552  $ 171,846  $ 149,672  $ 503,393  $ 441,725

Escalation and reimbursement revenues 20,381  20,036  18,864  61,298  55,067

SUMMIT Operator revenue 34,655  31,509  32,883  90,306  86,424

Investment income 2,615  2,657  4,356  7,618  26,809

Interest income from real estate loans held by consolidated securitization vehicles 14,687  14,743  10,838  44,079  47,868

Fee income 30,596  19,435  23,296  70,037  47,787

Other income 4,539  3,775  4,908  13,375  20,899

Total Revenues 273,025  264,001  244,817  790,106  726,579

Expenses

Operating expenses (1)

58,700  60,250  57,673  180,407  164,840

Real estate taxes 42,190  42,435  37,627  126,537  112,594

Operating lease rent 6,898  6,898  6,106  20,740  18,317

SUMMIT Operator expenses 42,936  25,520  35,959  93,398  82,570

Loan loss and other investment reserves, net of recoveries —  —  —  —  (71,326)

Transaction related costs 228  17  13,129  529  13,601

Marketing, general and administrative 23,253  22,781  23,701  68,820  67,004

Total Operating Expenses 174,205  157,901  174,195  490,431  387,600

Equity in net income (loss) from unconsolidated joint ventures (2)

26,692  14,948  (9,287) 20,860  (29,112)

Income from debt fund investments, net (3)

2,166  5,990  1,176  10,634  1,776

Operating Income 127,678  127,038  62,511  331,169  311,643

Interest expense, net of interest income 50,026  54,011  47,235  154,946  138,234

Amortization of deferred financing costs 2,480  2,156  1,724  7,438  5,153

SUMMIT Operator tax expense 616  1,223  1,279  2,424  2,781

Interest expense on senior obligations of consolidated securitization vehicles 14,687  14,743  10,838  44,079  45,827

Depreciation and amortization 63,629  67,279  63,216  200,659  187,874

(Loss) Income from Continuing Operations (4)

(3,760) (12,374) (61,781) (78,377) (68,226)

Equity in net (loss) gain on sale of interest in unconsolidated joint venture/real estate —  —  86,872  (814) 84,926

Purchase price and other fair value adjustments 4,261  5,662  11,138  14,106  (8,090)

Gain (loss) on sale of real estate, net 91,445  (4,179) (1,068) 103,902  (1,717)

Depreciable real estate reserves (2,275) —  —  (37,435) (8,546)

Depreciable real estate reserves in unconsolidated joint ventures —  —  —  —  (1,780)

Net Income (Loss) 89,671  (10,891) 35,161  1,382  6,799

Net (income) loss attributable to noncontrolling interests (11,485) (9,617) (4,395) (22,158) 3,582

Preferred units distributions (2,256) (2,258) (2,154) (6,713) (6,461)

Net Income (Loss) attributable to SL Green 75,930  (22,766) 28,612  (27,489) 3,920

Perpetual preferred stock dividends (3,738) (3,737) (3,738) (11,213) (11,213)

Net Income (Loss) attributable to SL Green common stockholders $ 72,192  $ (26,503) $ 24,874  $ (38,702) $ (7,293)

Basic earnings (loss) per share $ 1.01  $ (0.38) $ 0.35  $ (0.56) $ (0.12)

Diluted earnings (loss) per share $ 1.01  $ (0.38) $ 0.34  $ (0.56) $ (0.12)

(1) Includes property operating expenses and expenses of SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company.

(2) Excludes Depreciable real estate reserves in unconsolidated joint ventures.

(3) Includes interest income and realized/unrealized gains/losses from debt fund investments, net of expenses. Excludes fees recognized by SL Green as the debt fund's manager, which are included in Fee income.

(4) Before equity in net (loss) gain, purchase price and other fair value adjustments, gain (loss) on sale and depreciable real estate reserves, and gain on sale of marketable securities shown below.

Supplemental Information

15

Third Quarter 2026

COMPARATIVE COMPUTATION OF FFO AND FAD

Unaudited

(Dollars in Thousands Except Per Share)

Three Months Ended Nine Months Ended

September 30, June 30, September 30, September 30, September 30,

2026 2026 2025 2026 2025

Funds from Operations

Net Income (Loss) attributable to SL Green common stockholders $ 72,192  $ (26,503) $ 24,874  $ (38,702) $ (7,293)

Depreciation and amortization 63,629  67,279  63,216  200,659  187,874

SLG's share of unconsolidated joint ventures depreciation and amortization 72,964  75,181  127,170  217,701  247,874

Noncontrolling interests adjustments (debt fund) (7,206) (12,899) (1,882) (26,552) (1,149)

Noncontrolling interests adjustments (consolidated joint ventures) 135  (521) (304) (899) (377)

Net income (loss) attributable to noncontrolling interests 11,485  9,617  4,395  22,158  (3,582)

Equity in net (gain) loss on sale of interest in unconsolidated joint venture/real estate —  —  (86,872) 814  (84,926)

Purchase price and other fair value adjustments (477) (5,252) (9,652) (7,953) 5,291

(Gain) Loss on sale of real estate, net (91,445) 4,179  1,068  (103,902) 1,717

Depreciable real estate reserves 2,275  —  —  37,435  8,546

Depreciable real estate reserves in unconsolidated joint ventures —  —  —  —  1,780

Depreciation on non-rental real estate assets (1,478) (1,502) (1,628) (4,483) (4,312)

Funds From Operations $ 122,074  $ 109,579  $ 120,385  $ 296,276  $ 351,443

Funds From Operations - Basic per Share $ 1.63  $ 1.45  $ 1.62  $ 3.93  $ 4.72

Funds From Operations - Diluted per Share $ 1.59  $ 1.43  $ 1.58  $ 3.85  $ 4.60

Funds Available for Distribution

FFO $ 122,074  $ 109,579  $ 120,385  $ 296,276  $ 351,443

Non real estate depreciation and amortization 1,478  1,502  1,628  4,483  4,312

Amortization of deferred financing costs 2,480  2,156  1,724  7,438  5,153

Non-cash deferred compensation 8,139  9,754  10,927  28,106  31,982

FAD adjustment for joint ventures (32,004) (34,157) (27,723) (95,629) (78,906)

Straight-line rental income and other non-cash adjustments (33,641) (30,894) 50  (67,678) 2,855

Non-cash fair value adjustments on mark-to-market derivatives (3,784) (409) (369) (6,153) 3,917

Second cycle tenant improvements (20,262) (20,440) (21,318) (59,228) (72,912)

Second cycle leasing commissions (3,828) (3,839) (3,835) (17,245) (16,632)

Recurring capital expenditures (11,105) (10,436) (5,980) (27,159) (18,661)

Reported Funds Available for Distribution $ 29,547  $ 22,816  $ 75,489  $ 63,211  $ 212,551

First cycle tenant improvements $ 1,417  $ 1,575  $ 467  $ 5,152  $ 1,289

First cycle leasing commissions $ 664  $ 600  $ 552  $ 1,281  $ 1,486

Development costs $ —  $ 147  $ 6,631  $ 472  $ 26,099

Redevelopment costs $ 12,752  $ 15,697  $ 8,475  $ 37,532  $ 16,308

Capitalized interest $ 7,854  $ 8,210  $ 6,842  $ 24,733  $ 19,948

Supplemental Information

16

Third Quarter 2026

CONSOLIDATED STATEMENT OF EQUITY

Unaudited

(Dollars in Thousands)

Accumulated

Series I Other

Preferred Common Additional Retained Noncontrolling Comprehensive

Stock Stock Paid-In Capital Deficit Interests Income Total

Balance at December 31, 2025 $ 221,932  $ 711  $ 4,212,590  $ (741,880) $ 241,293  $ (22,198) $ 3,912,448

Net loss (27,489) 25,194  (2,295)

Other comprehensive income 50,399  50,399

Perpetual preferred stock dividends (11,213) (11,213)

DRSPP proceeds 195  195

Conversion of units in the Operating Partnership for common stock 1  1

Measurement adjustment for redeemable noncontrolling interest (52,555) (52,555)

Deferred compensation plan and stock awards, net of forfeitures and tax withholdings (1) 14,388  1,242  15,629

Repurchases of common stock (3) (14,064) (14,067)

Contributions to consolidated joint venture interests 3,156  3,156

Contributions to debt fund investments 237,221  237,221

Consolidation of partially owned entity 38,421  38,421

Cash distributions to noncontrolling interests (8,626) (8,626)

Distributions from debt fund investments (10,976) (10,976)

Reclassification from noncontrolling interest to other liabilities (32,980) (32,980)

Cash distributions ($1.85 per common share, none of which represented a return of capital for federal income tax purposes)

(130,879) (130,879)

Balance at September 30, 2026 $ 221,932  $ 708  $ 4,213,109  $ (964,016) $ 493,945  $ 28,201  $ 3,993,879

RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION

Common Stock OP Units Stock-Based Compensation Contingently Issuable Shares Diluted Shares

Share and Unit Count at December 31, 2025 71,158,530  4,877,891  76,036,421

YTD activity (213,545) 419,776  —  —  206,231

Share and Unit Count at September 30, 2026 70,944,985  5,297,667  —  —  76,242,652

Weighted Average Share and Unit Count at September 30, 2026 - Basic 70,598,322  4,813,965  —  —  75,412,287

Dilution —  —  886,705  704,226  1,590,931

Weighted Average Share and Unit Count at September 30, 2026 - Diluted 70,598,322  4,813,965  886,705  704,226  77,003,218

Supplemental Information

17

Third Quarter 2026

JOINT VENTURE STATEMENTS

Balance Sheet for Unconsolidated Joint Ventures

Unaudited

(Dollars in Thousands)

As of

September 30, 2026 June 30, 2026 March 31, 2026

Total SLG Share Total SLG Share Total SLG Share

Assets

Commercial real estate properties, at cost:

Land and land interests $ 4,489,335  $ 2,155,951  $ 4,470,880  $ 2,146,539  $ 4,302,573  $ 2,057,636

Building and improvements 13,782,844  6,486,522  13,704,421  6,452,778  13,597,440  6,408,880

Building leasehold and improvements 293,597  199,367  289,849  195,807  286,233  192,372

18,565,776  8,841,840  18,465,150  8,795,124  18,186,246  8,658,888

Less: accumulated depreciation (2,962,189) (1,503,833) (2,860,667) (1,454,608) (2,757,938) (1,404,182)

Net real estate 15,603,587  7,338,007  15,604,483  7,340,516  15,428,308  7,254,706

Other real estate investments:

Debt and preferred equity investments, net 279,270  13,966  268,187  13,411  256,444  12,824

Cash and cash equivalents 276,943  118,034  274,541  115,710  274,721  111,394

Restricted cash 458,172  209,303  489,957  217,399  502,645  223,541

Tenant and other receivables 91,951  59,372  86,909  56,093  78,298  48,917

Deferred rents receivable 783,575  387,372  754,149  374,081  734,859  365,624

Deferred costs, net 421,823  202,923  416,313  199,918  415,094  200,549

Right-of-use assets - financing leases 734,988  514,294  737,145  515,589  739,301  516,884

Right-of-use assets - operating leases 77,593  40,584  79,202  41,540  80,803  42,490

Other assets 1,118,760  516,862  1,152,997  535,789  1,221,296  568,209

Total Assets $ 19,846,662  $ 9,400,717  $ 19,863,883  $ 9,410,046  $ 19,731,769  $ 9,345,138

Liabilities and Equity

Mortgage and other loans payable, net of deferred financing costs of

$98,473 at 9/30/2026, of which $47,305 is SLG share

$ 12,789,042  $ 5,936,905  $ 12,789,062  $ 5,937,497  $ 12,810,512  $ 5,944,078

Accrued interest payable 99,093  35,541  93,773  33,772  77,149  29,667

Accounts payable and accrued expenses 267,485  157,972  263,231  153,418  273,811  156,662

Deferred revenue 768,233  347,057  781,877  351,507  841,807  380,817

Lease liability - financing leases 812,089  552,762  812,387  553,682  812,663  554,571

Lease liability - operating leases 93,197  47,565  94,176  48,126  95,145  48,681

Security deposits 56,917  25,810  49,721  21,489  47,017  20,127

Other liabilities 44,668  23,542  51,850  27,073  73,390  37,069

Equity 4,915,938  2,273,563  4,927,806  2,283,482  4,700,275  2,173,466

Total Liabilities and Equity $ 19,846,662  $ 9,400,717  $ 19,863,883  $ 9,410,046  $ 19,731,769  $ 9,345,138

Supplemental Information

18

Third Quarter 2026

JOINT VENTURE STATEMENTS

Statement of Operations for Unconsolidated Joint Ventures

Unaudited

(Dollars in Thousands)

Three Months Ended

September 30, 2026 June 30, 2026 September 30, 2025

Total SLG Share Total SLG Share Total SLG Share

Revenues

Rental revenue, net $ 353,380  $ 180,021  $ 330,612  $ 168,318  $ 324,877  $ 167,923

Escalation and reimbursement revenues 69,139  36,674  65,174  34,301  61,497  33,662

Investment income 11,083  554  15,626  781  7,927  3,963

Other income 7,558  3,503  10,676  5,131  11,335  5,267

Total Revenues 441,160  220,752  422,088  208,531  405,636  210,815

Gain on early extinguishment of debt(1)

—  —  —  —  129,068  57,187

Expenses

Operating expenses 72,070  37,206  72,588  36,607  72,142  37,755

Real estate taxes 80,099  40,734  75,349  38,181  71,117  37,794

Operating lease rent 2,995  1,655  2,995  1,656  (3,065) 1,655

Total Operating Expenses 155,164  79,595  150,932  76,444  140,194  77,204

Operating Income 285,996  141,157  271,156  132,087  394,510  190,798

Interest expense, net of interest income 148,129  74,059  143,013  71,826  111,539  67,628

Amortization of deferred financing costs 8,012  4,101  7,518  3,962  6,693  3,558

Depreciation and amortization 135,148  68,880  138,185  70,555  128,565  66,616

Basis difference and other adjustments —  (32,575) —  (29,204) —  62,283

Net (Loss) Income (5,293) 26,692  (17,560) 14,948  147,713  (9,287)

Basis difference and other adjustments —  4,086  —  4,625  —  62,283

Real estate depreciation 135,147  68,879  138,184  70,555  128,564  66,615

FFO Contribution $ 129,854  $ 99,657  $ 120,624  $ 90,128  $ 276,277  $ 119,611

FAD Adjustments:

Non real estate depreciation and amortization $ 1  $ 1  $ 1  $ —  $ 1  $ 1

Amortization of deferred financing costs 8,012  4,101  7,518  3,962  6,693  3,558

Straight-line rental income and other non-cash adjustments (48,336) (21,574) (41,866) (17,214) (42,118) (20,609)

Second cycle tenant improvements (13,933) (7,126) (34,074) (17,101) (7,420) (3,795)

Second cycle leasing commissions (9,133) (5,135) (5,066) (2,567) (9,281) (4,943)

Recurring capital expenditures (4,225) (2,271) (2,339) (1,237) (3,480) (1,935)

Total FAD Adjustments $ (67,614) $ (32,004) $ (75,826) $ (34,157) $ (55,605) $ (27,723)

First cycle tenant improvements $ 26,031  $ 12,909  $ 10,265  $ 5,083  $ 18,111  $ 9,038

First cycle leasing commissions $ 3,940  $ 1,598  $ 1,300  $ 412  $ 5,278  $ 2,270

Development costs $ 8,883  $ 2,265  $ 27,917  $ 7,119  $ 28,630  $ 7,841

Redevelopment costs $ 8,337  $ 4,044  $ 15,117  $ 7,464  $ 17,953  $ 8,858

Capitalized interest $ 19,942  $ 9,787  $ 12,266  $ 5,574  $ 18,773  $ 9,031

(1) Includes the write-off of unamortized deferred financing costs.

Supplemental Information

19

Third Quarter 2026

JOINT VENTURE STATEMENTS

Statement of Operations for Unconsolidated Joint Ventures

Unaudited

(Dollars in Thousands)

Nine Months Ended

September 30, 2026 September 30, 2025

Total SLG Share Total SLG Share

Revenues

Rental revenue, net $ 1,005,750  $ 511,401  $ 934,376  $ 479,448

Escalation and reimbursement revenues 202,852  106,832  183,112  99,481

Investment income 35,189  1,759  18,899  13,940

Other income 29,835  14,016  23,351  11,280

Total Revenues 1,273,626  634,008  1,159,738  604,149

(Loss) gain on early extinguishment of debt(1)

(9,497) (4,796) 129,068  57,187

Expenses

Operating expenses 220,494  112,169  203,354  105,262

Real estate taxes 232,203  117,881  214,279  111,328

Operating lease rent 8,985  4,967  9,458  4,967

Loan loss and other investment reserves, net of recoveries —  —  15,980  14,531

Total Operating Expenses 461,682  235,017  443,071  236,088

Operating Income 802,447  394,195  845,735  425,248

Interest expense, net of interest income 431,040  216,017  370,771  194,883

Amortization of deferred financing costs 24,021  12,519  18,590  9,856

Depreciation and amortization 405,945  207,074  375,405  194,844

Basis difference and other adjustments —  (62,275) —  54,777

Net (Loss) Income (58,559) 20,860  80,969  (29,112)

Basis difference and other adjustments —  10,629  —  54,777

Real estate depreciation 405,942  207,072  375,402  194,842

FFO Contribution $ 347,383  $ 238,561  $ 456,371  $ 220,507

FAD Adjustments:

Non real estate depreciation and amortization $ 3  $ 2  $ 3  $ 2

Amortization of deferred financing costs 24,021  12,519  18,590  9,856

Straight-line rental income and other non-cash adjustments (129,716) (56,098) (136,357) (67,868)

Second cycle tenant improvements (67,371) (33,968) (19,826) (10,185)

Second cycle leasing commissions (24,082) (13,303) (14,506) (7,948)

Recurring capital expenditures (8,763) (4,781) (4,136) (2,763)

Total FAD Adjustments $ (205,908) $ (95,629) $ (156,232) $ (78,906)

First cycle tenant improvements $ 49,004  $ 24,118  $ 28,560  $ 14,130

First cycle leasing commissions $ 17,179  $ 7,991  $ 6,802  $ 2,713

Development costs $ 55,118  $ 14,055  $ 62,870  $ 18,040

Redevelopment costs $ 34,274  $ 16,823  $ 52,835  $ 25,747

Capitalized interest $ 48,186  $ 22,640  $ 60,960  $ 28,291

(1) Includes the write-off of unamortized deferred financing costs.

Supplemental Information

20

Third Quarter 2026

NET OPERATING INCOME(1)

Unaudited

(Dollars in Thousands)

Three Months Ended Nine Months Ended

September 30, June 30, September 30, September 30, September 30,

2026 2026 2025 2026 2025

Net Operating Income (1)

$ 92,936  $ 91,270  $ 80,784  $ 276,069  $ 232,434

SLG share of NOI from unconsolidated JVs 137,100  126,150  129,798  383,345  363,159

NOI, including SLG share of unconsolidated JVs 230,036  217,420  210,582  659,414  595,593

Partners' share of NOI - consolidated JVs 7  9  (47) 3  (1,709)

NOI - SLG share $ 230,043  $ 217,429  $ 210,535  $ 659,417  $ 593,884

NOI, including SLG share of unconsolidated JVs $ 230,036  $ 217,420  $ 210,582  $ 659,414  $ 595,593

Free rent (net of amortization) (10,759) (8,617) (3,660) (25,147) (16,819)

Straight-line revenue adjustment (9,796) (6,710) (10,499) (26,144) (30,294)

Amortization of acquired above and below-market leases, net (7,213) (7,133) (5,783) (20,909) (16,899)

Operating lease straight-line adjustment 1,933  558  597  3,095  1,666

Straight-line tenant credit loss 8  (574) 36  (754) (458)

Cash NOI, including SLG share of unconsolidated JVs 204,209  194,944  191,273  589,555  532,789

Partners' share of cash NOI - consolidated JVs 7  9  6  (12) (1,206)

Cash NOI - SLG share $ 204,216  $ 194,953  $ 191,279  $ 589,543  $ 531,583

(1) Includes SL Green Management Corp. and Emerge 212. Excludes lease termination income.

NOI Summary by Portfolio (1) - SLG Share

Three Months Ended Nine Months Ended

September 30, 2026 September 30, 2026

NOI Cash NOI NOI Cash NOI

Manhattan Office $ 197,898  $ 173,472  $ 564,018  $ 496,652

Development / Redevelopment 314  377  264  1,143

High Street Retail 5,077  4,503  15,149  13,505

Suburban 1,489  1,037  3,637  2,978

Residential 4,573  4,302  13,203  12,378

Total Operating and Development/Redevelopment 209,351  183,691  596,271  526,656

Alternative Strategy Portfolio 11,794  11,362  34,394  32,969

Property Dispositions (2)

924  962  14,605  15,090

Other (3)

7,974  8,201  14,147  14,828

Total $ 230,043  $ 204,216  $ 659,417  $ 589,543

(1) Portfolio composition consistent with the Selected Property Data tables.

(2) Includes properties sold or otherwise disposed of during the respective period.

(3) Includes SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company.

Supplemental Information

21

Third Quarter 2026

SAME STORE NET OPERATING INCOME

Wholly Owned and Consolidated JVs

Unaudited

(Dollars in Thousands)

Three Months Ended Three Months Ended Nine Months Ended

September 30, September 30, June 30, September 30, September 30,

2026 2025 % 2026 2026 2025 %

Revenues

Rental revenue, net $ 130,281  $ 128,452  $ 131,264  $ 388,559  $ 384,110

Escalation & reimbursement revenues 17,359  16,736  16,618  51,268  48,736

Other income 757  545  1,328  1,832  5,763

Total Revenues $ 148,397  $ 145,733  $ 149,210  $ 441,659  $ 438,609

Expenses

Operating expenses $ 41,937  $ 40,977  $ 39,923  $ 122,662  $ 116,773

Real estate taxes 34,440  32,808  33,759  101,658  99,669

Operating lease rent 6,059  6,106  6,059  18,223  18,317

Total Operating Expenses $ 82,436  $ 79,891  $ 79,741  $ 242,543  $ 234,759

Operating Income $ 65,961  $ 65,842  $ 69,469  $ 199,116  $ 203,850

Interest expense & amortization of financing costs $ 19,660  $ 19,348  $ 19,870  $ 59,795  $ 56,229

Depreciation & amortization 46,691  46,830  48,711  141,880  140,385

(Loss) income before noncontrolling interest $ (390) $ (336) $ 888  $ (2,559) $ 7,236

Real estate depreciation & amortization 46,691  46,830  48,711  141,880  140,385

FFO Contribution $ 46,301  $ 46,494  $ 49,599  $ 139,321  $ 147,621

Non–building revenue (364) (258) (176) (628) (848)

Interest expense & amortization of financing costs 19,660  19,348  19,870  59,795  56,229

Non-real estate depreciation —  —  —  —  —

NOI $ 65,597  $ 65,584  —  % $ 69,293  $ 198,488  $ 203,002  (2.2) %

Non-cash adjustments $ (1,664) 1,043  (3,208) (7,077) 2,844

Cash NOI $ 63,933  $ 66,627  (4.0) % $ 66,085  $ 191,411  $ 205,846  (7.0) %

Lease termination income (387) (270) (1,097) (1,128) (4,875)

Cash NOI excluding lease termination income $ 63,546  $ 66,357  (4.2) % $ 64,988  $ 190,283  $ 200,971  (5.3) %

Operating Margins

NOI to real estate revenue, net 44.3  % 45.1  % 46.5  % 45.0  % 46.4  %

Cash NOI to real estate revenue, net 43.2  % 45.8  % 44.3  % 43.4  % 47.0  %

NOI before operating lease rent/real estate revenue, net 48.4  % 49.3  % 50.6  % 49.1  % 50.6  %

Cash NOI before operating lease rent/real estate revenue, net 46.2  % 49.9  % 48.3  % 47.1  % 51.1  %

Supplemental Information

22

Third Quarter 2026

SAME STORE NET OPERATING INCOME

Unconsolidated JVs

Unaudited

(Dollars in Thousands, SLG Share)

Three Months Ended Three Months Ended Nine Months Ended

September 30, September 30, June 30, September 30, September 30,

2026 2025 % 2026 2026 2025 %

Revenues

Rental revenue, net $ 154,510  $ 141,966  $ 143,600  $ 436,015  $ 405,525

Escalation & reimbursement revenues 34,882  30,881  32,329  101,366  91,052

Other income 1,724  3,574  2,431  9,197  6,375

Total Revenues $ 191,116  $ 176,421  $ 178,360  $ 546,578  $ 502,952

Expenses

Operating expenses $ 34,934  $ 34,397  $ 33,818  $ 104,570  $ 97,729

Real estate taxes 37,522  35,939  35,555  109,340  105,737

Operating lease rent 108  108  108  325  325

Total Operating Expenses $ 72,564  $ 70,444  $ 69,481  $ 214,235  $ 203,791

Operating Income $ 118,552  $ 105,977  $ 108,879  $ 332,343  $ 299,161

Interest expense & amortization of financing costs $ 68,085  $ 65,995  $ 67,410  $ 202,000  $ 190,951

Depreciation & amortization 59,863  58,720  62,184  181,187  172,917

Loss before noncontrolling interest $ (9,396) $ (18,738) $ (20,715) $ (50,844) $ (64,707)

Real estate depreciation & amortization 59,862  58,719  62,183  181,185  172,915

FFO Contribution $ 50,466  $ 39,981  $ 41,468  $ 130,341  $ 108,208

Non–building revenue (724) (384) (695) (1,832) (944)

Interest expense & amortization of financing costs 68,085  65,995  67,410  202,000  190,951

Non-real estate depreciation 1  1  1  2  2

NOI $ 117,828  $ 105,593  11.6  % $ 108,184  $ 330,511  $ 298,217  10.8  %

Non-cash adjustments $ (20,721) $ (16,664) $ (16,640) $ (53,343) $ (52,286)

Cash NOI $ 97,107  $ 88,929  9.2  % $ 91,544  $ 277,168  $ 245,931  12.7  %

Lease termination income (1,001) (3,189) (1,706) (7,333) (5,421)

Cash NOI excluding lease termination income $ 96,106  $ 85,740  12.1  % $ 89,838  $ 269,835  $ 240,510  12.2  %

Operating Margins

NOI to real estate revenue, net 61.9  % 60.0  % 60.9  % 60.7  % 59.4  %

Cash NOI to real estate revenue, net 51.0  % 50.5  % 51.5  % 50.9  % 49.0  %

NOI before operating lease rent/real estate revenue, net 61.9  % 60.0  % 61.0  % 60.7  % 59.5  %

Cash NOI before operating lease rent/real estate revenue, net 51.1  % 50.6  % 51.6  % 50.9  % 49.1  %

Supplemental Information

23

Third Quarter 2026

SAME STORE NET OPERATING INCOME

Consolidated and Share of Unconsolidated JVs

Unaudited

(Dollars in Thousands)

Three Months Ended Three Months Ended Nine Months Ended

September 30, September 30, June 30, September 30, September 30,

2026 2025 % 2026 2026 2025 %

Revenues

Rental revenue, net $ 130,281  $ 128,452  $ 131,264  $ 388,559  $ 384,110

Escalation & reimbursement revenues 17,359  16,736  16,618  51,268  48,736

Other income 757  545  1,328  1,832  5,763

Total Revenues $ 148,397  $ 145,733  $ 149,210  $ 441,659  $ 438,609

Equity in net income (loss) from unconsolidated joint ventures (1)

$ (9,396) $ (18,738) $ (20,715) $ (50,844) $ (64,707)

Expenses

Operating expenses $ 41,937  $ 40,977  $ 39,923  $ 122,662  $ 116,773

Real estate taxes 34,440  32,808  33,759  101,658  99,669

Operating lease rent 6,059  6,106  6,059  18,223  18,317

Total Operating Expenses $ 82,436  $ 79,891  $ 79,741  $ 242,543  $ 234,759

Operating Income $ 56,565  $ 47,104  $ 48,754  $ 148,272  $ 139,143

Interest expense & amortization of financing costs $ 19,660  $ 19,348  $ 19,870  $ 59,795  $ 56,229

Depreciation & amortization 46,691  46,830  48,711  141,880  140,385

Loss before noncontrolling interest $ (9,786) $ (19,074) $ (19,827) $ (53,403) $ (57,471)

Real estate depreciation & amortization 46,691  46,830  48,711  141,880  140,385

Joint Ventures Real estate depreciation & amortization (1)

59,862  58,719  62,183  181,185  172,915

FFO Contribution $ 96,767  $ 86,475  $ 91,067  $ 269,662  $ 255,829

Non–building revenue (364) (258) (176) (628) (848)

Joint Ventures Non–building revenue (1)

(724) (384) (695) (1,832) (944)

Interest expense & amortization of financing costs 19,660  19,348  19,870  59,795  56,229

Joint Ventures interest expense & amortization of financing costs (1)

68,085  65,995  67,410  202,000  190,951

Non-real estate depreciation —  —  —  —  —

Joint Ventures Non-real estate depreciation (1)

1  1  1  2  2

NOI $ 183,425  $ 171,177  7.2  % $ 177,477  $ 528,999  $ 501,219  5.5  %

Non-cash adjustments $ (1,664) $ 1,043  $ (3,208) $ (7,077) $ 2,844

Joint Ventures non-cash adjustments (1)

(20,721) (16,664) (16,640) (53,343) (52,286)

Cash NOI $ 161,040  $ 155,556  3.5  % $ 157,629  $ 468,579  $ 451,777  3.7  %

Lease termination income $ (387) $ (270) $ (1,097) $ (1,128) $ (4,875)

Joint Ventures lease termination income (1)

(1,001) (3,189) (1,706) (7,333) (5,421)

Cash NOI excluding lease termination income $ 159,652  $ 152,097  5.0  % $ 154,826  $ 460,118  $ 441,481  4.2  %

Operating Margins

NOI to real estate revenue, net 54.2  % 53.2  % 54.3  % 53.7  % 53.3  %

Cash NOI to real estate revenue, net 47.6  % 48.4  % 48.2  % 47.5  % 48.1  %

NOI before operating lease rent/real estate revenue, net 56.0  % 55.2  % 56.2  % 55.5  % 55.3  %

Cash NOI before operating lease rent/real estate revenue, net 49.0  % 50.3  % 50.1  % 49.2  % 50.0  %

(1) The amount represents the Company's share of same-store unconsolidated joint venture activity. The Company does not control investments in unconsolidated joint ventures.

Supplemental Information

24

Third Quarter 2026

DEBT SUMMARY SCHEDULE

Consolidated

Unaudited

(Dollars in Thousands)

Principal 2026 Current Final Principal

Ownership Outstanding Principal Maturity Maturity Due at

Fixed rate debt Interest (%) 9/30/2026 Coupon (1) Amortization Date Date (2) Final Maturity

Secured fixed rate debt

100 Church Street (swapped) 100.0  $ 365,000  5.89% $ —  Dec-26 Jun-28 $ 365,000

Landmark Square 100.0  100,000  4.90% —  Jan-27 Jan-27 100,000

485 Lexington Avenue 100.0  450,000  4.25% —  Feb-27 Feb-27 450,000

315 West 33rd St (The Olivia) (3) 100.0  250,000  4.24% —  Feb-27 Feb-27 250,000

500 Park Avenue (swapped) 100.0  80,000  6.57% —  Jan-28 Jan-30 80,000

800 Third Avenue (swapped) 100.0  177,000  5.15% —  Feb-29 Feb-31 177,000

610 Park Avenue 100.0  12,200  4.65% —  Nov-29 Nov-29 12,200

65 East 55th Street (Park Avenue Tower) 95.0  480,000  5.25% —  Feb-31 Feb-31 480,000

420 Lexington Avenue (Graybar) 100.0  245,186  8.24% —  Oct-40 Oct-40 245,186

$ 2,159,386  5.39% $ —  $ 2,159,386

Unsecured fixed rate debt

Revolving credit facility (swapped) 100.0  $ 400,000  4.62% (5) $ —  Jun-30 Jun-31 (4) $ 400,000

Term Loan C (swapped) 100.0  750,000  4.33% (5) —  Jun-31 Jun-31 750,000

Junior subordinated deferrable interest debentures (swapped) 100.0  100,000  5.27% —  Jul-35 Jul-35 100,000

$ 1,250,000  4.50% $ —  $ 1,250,000

Total Fixed Rate Debt $ 3,409,386  5.07% $ —  $ 3,409,386

Floating rate debt

Unsecured floating rate debt

Term Loan B (SOFR + 180 bps) 100.0  $ 100,000  5.71% —  Nov-26 Nov-26 $ 100,000

Term Loan A (SOFR + 170 bps) 100.0  300,000  5.61% $ —  May-27 May-27 300,000

Debt fund subscription line (SOFR + 220 bps) 9.1  57,413  (6) 6.10% $ —  Aug-27 Aug-28 57,413

Revolving credit facility (SOFR + 125 bps) 100.0  530,000  5.16% $ —  Jun-30 Jun-31 (4) 530,000

$ 987,413  5.41% $ —  $ 987,413

Total Floating Rate Debt $ 987,413  5.41% $ —  $ 987,413

Total Debt - Consolidated $ 4,396,799  5.14% $ —  $ 4,396,799

Deferred financing costs (29,965)

Total Debt - Consolidated, net $ 4,366,834  5.14%

Total Debt - Unconsolidated JV, net $ 5,936,905  4.63%

Debt including SLG share of JV Debt $ 9,908,932  4.86%

Alternative Strategy Portfolio Debt including SLG share of JV Debt $ 472,077  4.68%

Total Debt including SLG share of JV Debt $ 10,381,009  4.85%

Weighted Average Balance & Interest Rate for the quarter, including SLG share of JV Debt $ 10,509,841  4.81%

(1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.91%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread.

(2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms.

(3) The Company has a preferred equity investment in this property.

(4) As-of-right extension.

(5) Represents a blended swapped rate inclusive of multiple swaps.

(6) The Fund has access to a subscription line with a maximum commitment of $200 million as of September 30, 2026, secured by investor capital commitments. The facility is used to fund investments prior to capital calls and is repaid through capital contributions. The subscription line is non-recourse to the Company.

Supplemental Information

25

Third Quarter 2026

DEBT SUMMARY SCHEDULE

Unconsolidated JVs

Unaudited

(Dollars in Thousands)

Principal Outstanding

2026 Principal

Current Final Principal Due at

Ownership 9/30/2026 Amortization Maturity Maturity Final Maturity

Fixed rate debt Interest (%) Gross Principal SLG Share Coupon (1) (SLG Share) Date Date (2) (SLG Share)

1515 Broadway 56.9  $ 666,175  $ 378,847  3.93% $ 3,517  Mar-27 Mar-28 $ 358,544

450 Park Avenue (swapped) 25.1  273,616  68,678  6.57% (3) —  Jun-27 Jun-27 68,678

245 Park Avenue 50.1  1,768,000  (4) 885,768  4.30% —  Jun-27 (4) Jun-27 (4) 885,768

280 Park Avenue (swapped) 50.0  1,075,000  537,500  5.84% —  Sep-27 Sep-28 537,500

220 East 42nd 51.0  496,412  253,170  6.77% —  Dec-27 Dec-27 253,170

15 Beekman 20.0  117,000  23,400  4.83% —  Jan-28 Jan-28 23,400

100 Park Avenue 50.8  382,872  194,499  5.73% —  Jan-28 Jan-29 194,499

11 Madison Avenue 60.0  1,400,000  840,000  5.63% —  Oct-30 Oct-30 840,000

One Madison Avenue 25.5  1,650,000  420,750  5.81% —  Apr-31 Apr-31 420,750

One Vanderbilt Avenue 55.0  3,000,000  1,650,300  2.95% —  Jul-31 Jul-31 1,650,300

$ 10,829,075  $ 5,252,912  4.54% (5) $ 3,517  $ 5,232,609

Alternative strategy portfolio

650 Fifth Avenue 50.0  $ 65,000  (6) $ 32,500  5.45% $ —  Jul-26 (6) Jul-26 (6) $ 32,500

115 Spring Street 51.0  66,621  33,977  5.50% —  Sep-27 Sep-27 33,977

Worldwide Plaza 25.1  1,200,000  300,600  3.98% —  Nov-27 Nov-27 300,600

$ 1,331,621  $ 367,077  4.25% (5) $ —  $ 367,077

Total Fixed Rate Debt $ 12,160,696  $ 5,619,989  4.52% (5) $ 3,517  $ 5,599,686

Floating rate debt

919 Third Avenue (SOFR + 250 bps) 51.0  $ 500,000  $ 255,000  6.41% $ —  Apr-27 Apr-28 $ 255,000

450 Park Avenue (SOFR + 210 bps) 25.1  16,819  4,221  6.01% —  Jun-27 Jun-27 4,221

$ 516,819  $ 259,221  6.41% (5) $ —  $ 259,221

Alternative strategy portfolio

650 Fifth Avenue (SOFR + 225 bps) 50.0  $ 210,000  $ 105,000  6.16% —  Jul-26 (6) Jul-26 (6) $ 105,000

$ 210,000  $ 105,000  6.16% (5) $ —  $ 105,000

Total Floating Rate Debt $ 726,819  $ 364,221  6.34% (5) $ —  $ 364,221

Unconsolidated JV Debt $ 11,345,894  $ 5,512,133  4.63% (5)

Alternative Strategy Portfolio Debt $ 1,541,621  $ 472,077  4.68% (5)

Total Debt - Unconsolidated JV $ 12,887,515  $ 5,984,210  4.63% (5) $ 3,517  $ 5,963,907

Deferred financing costs (98,473) (47,305)

Total Debt - Unconsolidated JV, net $ 12,789,042  $ 5,936,905  4.63% (5)

(1) Coupon for floating rate debt determined using the effective Term SOFR rate at the end of the quarter of 3.91%. Coupon for loans that are subject to alternative SOFR rates, SOFR floors, interest rate caps or interest rate swaps were determined using the alternative SOFR rates, SOFR floors, interest rate cap strike rate, or swapped interest rate plus the applicable loan spread.

(2) Reflects exercise of all available extension options, which may be subject to conditions and/or result in adjusted terms.

(3) Coupon reflects interest rate swaps executed at the corporate level for SLG’s share of the outstanding debt.

(4) In October, together with our joint venture partner, completed a $2.0 billion, five-year, fixed-rate refinancing of the $1.768 billion loan.

(5) Calculated based on SL Green's share of the outstanding debt.

(6) The Company is in discussions with the lender on resolution of the past maturity.

Supplemental Information

26

Third Quarter 2026

DEBT COMPOSITION AND CORPORATE DEBT COVENANTS

Unaudited

(Dollars in Thousands)

Composition of Debt

Core Portfolio Alternative Strategy Portfolio Total

Fixed Rate Debt

Consolidated $ 3,409,386  $ —  $ 3,409,386

SLG Share of JV 5,252,912  367,077  5,619,989

Total Fixed Rate Debt $ 8,662,298  87.4% $ 367,077  77.8% $ 9,029,375  87.0%

Floating Rate Debt

Consolidated $ 987,413  $ —  $ 987,413

SLG Share of JV 259,221  105,000  364,221

1,246,634  12.6% 105,000  22.2% 1,351,634  13.0%

Debt & Preferred Equity and CMBS Investments (78,553) (0.8)% —  —% (78,553) (0.8)%

Total Floating Rate Debt $ 1,168,081  11.8% $ 105,000  22.2% $ 1,273,081  12.3%

Total Debt $ 9,908,932  $ 472,077  $ 10,381,009

Revolving Credit Facility Covenants (1)

Actual Required

Total Debt / Total Assets 44.7% Less than 60%

Consolidated Fixed Charge Coverage 1.81x Greater than 1.50x

Maximum Secured Indebtedness 24.0% Less than 50%

Maximum Unencumbered Leverage Ratio 47.0% Less than 60%

(1) Covenants calculated pursuant to the terms of the Company’s unsecured credit facility.

Supplemental Information

27

Third Quarter 2026

DERIVATIVE SUMMARY SCHEDULE

Unaudited

(Dollars in Thousands)

Consolidated Interest Rate Derivatives Notional Value Fair Value

Ownership 9/30/2026 9/30/2026

Secured Debt Interest (%) Gross SLG Share Gross SLG Share

Instrument (1)

Strike Rate (1)

Effective Date Maturity Date

100 Church Street 100.0  $370,000 $370,000 $1,051 $1,051 Swap 3.89  % November 2022 June 2027

SLGOP - 450 Park Avenue 100.0  68,678 68,678 (80) (80) (2) Swap 4.47  % August 2024 June 2027

500 Park Avenue 100.0  80,000 80,000 388 388 Swap 4.17  % February 2025 February 2028

800 Third Avenue 100.0  177,000 177,000 5,281 5,281 Swap 3.33  % February 2026 February 2029

Subtotal $6,640 $6,640

Unsecured Debt

Revolving Credit Facility 100.0  $125,000 $125,000 $108 $108 Swap 3.67  % August 2024 December 2026

Revolving Credit Facility 100.0  125,000  125,000 107  107  Swap 3.67  % August 2024 December 2026

Term Loan C 100.0  200,000  200,000 1,008  1,008  Swap 2.59  % February 2023 February 2027

Term Loan C 100.0  100,000  100,000 398  398  Swap 2.90  % February 2023 February 2027

Term Loan C 100.0  100,000  100,000 456  456  Swap 2.73  % February 2023 February 2027

Term Loan C 100.0  50,000  50,000 274  274  Swap 2.46  % February 2023 February 2027

Term Loan C & Revolving Credit Facility 100.0  300,000  300,000 2,391  2,391  Swap 2.87  % July 2023 May 2027

Term Loan C 100.0  150,000  150,000 671  671  Swap 3.52  % January 2024 May 2027

Junior subordinated deferrable interest debentures 100.0  100,000 100,000 1,016 1,016 Swap 3.76  % January 2023 January 2028

Subtotal $6,429 $6,429

Unconsolidated JV Interest Rate Derivatives

919 Third Avenue 51.0  $500,000 $255,000 $52 $27 Cap 5.25  % February 2026 April 2027

280 Park Avenue 50.0  537,500 268,750 5,659 2,830 Swap 4.07  % July 2024 September 2028

280 Park Avenue 50.0  268,750 134,375 2,962  1,481  Swap 4.04  % July 2024 September 2028

280 Park Avenue 50.0  268,750 134,375 2,864  1,432  Swap 4.06  % July 2024 September 2028

Subtotal $11,537 $5,770

Foreign Currency Derivatives

Summit Paris 85.0  $31,207 $26,526 $(736) $ (626) (2) FX Forward Contracts N/A March 2026 October 2026 - June 2027

Summit Paris 85.0  30,492  25,918 8  7  (2) FX Forward Contracts N/A March 2026 October 2027 - June 2032

Subtotal $(728) $(619)

Forward-starting Derivatives

SLGOP – 100 Church Street 100.0  $357,500 $357,500 $6,547 $6,547 Swap 2.98  % June 2027 June 2028

Term Loan C 100.0  225,000  225,000 3,387  3,387  Swap 3.92  % February 2027 January 2029

Term Loan C 100.0  225,000  225,000 5,370  5,370  Swap 3.86  % February 2027 January 2030

Subtotal $15,304 $15,304

Total, SLG Share $39,182 $33,524

(1) Certain financings require the purchase of a cap at a specified strike rate.

(2) Quarterly changes in fair value recognized in the calculation of FFO.

Supplemental Information

28

Third Quarter 2026

SUMMARY OF LEASE LIABILITIES

Unaudited

(Dollars in Thousands)

Consolidated Lease Liabilities (SLG Share)

Scheduled Cash Payment (1)

Lease Year of Final

Property 2026 2027 2028 2029

Liabilities (2)

Expiration (3)

Operating Leases

1185 Avenue of the Americas $ 1,727  $ 6,909  $ 6,909  $ 6,909  $ 78,454  2043

SL Green Headquarters at One Vanderbilt 690   (4) 2,762   (4) 2,971   (4) 3,075   (4) 84,011  2048

800 Seventh Avenue 839  3,355  3,355  3,355  49,800  2048

Summit One Vanderbilt 3,254   (4) 11,270   (4) 11,293   (4) 11,293   (4) 430,174  2070

Summit Paris —   (5) 1,092   (5) 2,731   (5) 3,822   (5) 45,388   (5) 2077  (5)

420 Lexington Avenue (Graybar) 2,800  11,199  11,199  11,199  166,467  2080

711 Third Avenue 1,375   (6) 5,500   (6) 5,500   (6) 5,500   (6) 32,221   (6) 2083

Total $ 10,685  $ 42,087  $ 43,958  $ 45,153  $ 886,515

Financing Leases

15 Beekman $ 820  $ 3,325  $ 3,375  $ 3,426  $ 109,182  2119  (7)

Total $ 820  $ 3,325  $ 3,375  $ 3,426  $ 109,182

Unconsolidated Joint Venture Lease Liabilities (SLG Share)

SLG

Scheduled Cash Payment (1)

Lease Year of Final

Property Interest (%) 2026 2027 2028 2029

Liabilities (2)

Expiration (3)

Operating Leases

Equinox Studio City (8)

66.7 $ 307  $ 1,387  $ 1,387  $ 925  $ 3,872  2029

Alternative strategy portfolio

650 Fifth Avenue (Floors 4-6) 50.0 $ 460  $ 1,935  $ 1,935  $ 1,935  $ 11,546  2053

650 Fifth Avenue (Floors b-3) 50.0 394  1,585  1,605  1,726  32,147  2062

Total $ 1,161  $ 4,907  $ 4,927  $ 4,586  $ 47,565

Financing Leases

One Vanderbilt Avenue Garage 55.0 $ 41  $ 167  $ 168  $ 170  $ 2,695  2069

1560 Broadway Signage 50.0 206  825  825  825  11,631  2073

885 Third Avenue 34.1 204  817  817  817  16,025  2119

Alternative strategy portfolio

650 Fifth Avenue (Floors b-3) 50.0 $ 1,841  $ 7,364  $ 7,464  $ 8,101  $ 106,295  2062

2 Herald Square 95.0 3,775  3,775  —  —  394,260  2077

Total $ 6,067  $ 12,948  $ 9,274  $ 9,913  $ 530,906

(1) Reflects SLG's share of remaining contractual base rent for each year presented. Leases may provide for additional rent payments based on exceeding specified thresholds.

(2) Per the balance sheet as of September 30, 2026.

(3) Reflects all available extension options.

(4) Reflects scheduled cash payments net of the Company's 55.0% ownership interest in One Vanderbilt.

(5) Lease obligation is denominated in Euros and has been presented in US Dollars using the exchange rate as of September 30, 2026.

(6) Reflects scheduled cash payments net of the Company's 50.0% ownership of the fee interest in the property.

(7) The Company has an option to purchase the ground lease for a fixed price on a specific date. Scheduled cash payments do not reflect the exercise of the purchase option.

(8) The Company has a JV interest in the sublandlord for the premises. Amounts reflect the sublandlord's lease obligation to the fee owner and have not been reduced by rents owed to the sublandlord under a sublease covering 100% of the premises.

Supplemental Information

29

Third Quarter 2026

DEBT AND PREFERRED EQUITY INVESTMENTS

Unaudited

(Dollars in Thousands, Except Per Square Foot Amounts)

Weighted Average:

Floating Fixed

Total Book Value (1)

Senior Financing Exposure PSF Book Value During Quarter

Yield During Quarter (2)

Yield At End Of Quarter (3)

6/30/2026 $ 77,599  $ 35,486  $ 113,085  $ 430,528  $ 741  $ 113,054  7.51% 7.60%

Debt investment originations/fundings/accretion

(4)

2  —  2

Preferred Equity investment originations/accretion

(4)

—  —  —

Joint venture investment originations/accretion/amortization

(4)

—  —  —

Repayment/Sales/Syndications/Equity Ownership/Amortization —  —  —

Reserves/Realized Losses —  —  —

9/30/2026 $ 77,601  $ 35,486  $ 113,087  $ 444,245  $ 757  $ 113,385  7.55% 7.73%

Debt and Preferred Equity Maturity Profile

2026

2027

2028

2029

2030 & Thereafter

Floating Rate $ 9,268  $ 68,333  $ —  $ —  $ —

Fixed Rate —  15,486  —  20,000  —

$ 9,268  $ 83,819  $ —  $ 20,000  $ —

(1) Net of unamortized fees, discounts, premiums.

(2) Excludes loan loss reserves and accelerated fee income resulting from early repayment, if any.

(3) Calculated based on GAAP income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter. Excludes accelerated fee income resulting from early repayment and loan loss reserves.

(4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income.

Supplemental Information

30

Third Quarter 2026

SELECTED PROPERTY DATA

Manhattan Operating Properties

Unaudited

(Dollars in Thousands)

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Total Tenants

Ownership % of Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Sq. Feet Leased (2) Occupied (3) Economic (4) Leased (2) Occupied (3) Economic (4) ($'s) SLG Share ($'s)

CONSOLIDATED PROPERTIES

"Same Store"

100 Church Street 100.0 Downtown Fee Interest 1,047,500  4.4  94.0  93.7  93.7  94.0  94.0  94.0  $48,477 $48,477 17

110 Greene Street 100.0 Soho Fee Interest 223,600  0.9  97.2  93.0  93.0  95.1  93.1  93.1  19,784 19,784 52

125 Park Avenue 100.0 Grand Central Fee Interest 604,245  2.6  98.8  94.0  89.0  98.8  92.8  89.0  48,221 48,221 23

304 Park Avenue South 100.0 Midtown South Fee Interest 215,000  0.9  91.9  91.9  91.9  91.9  91.9  91.9  18,810 18,810 6

420 Lexington Ave (Graybar) 100.0 Grand Central North Leasehold Interest 1,188,000  5.2  95.0  94.2  94.2  94.9  92.3  92.3  95,021 95,021 193

461 Fifth Avenue 100.0 Midtown Fee Interest 200,000  0.8  92.2  83.8  83.8  92.3  87.0  87.0  14,985 14,985 19

485 Lexington Avenue 100.0 Grand Central North Fee Interest 921,000  3.9  87.0  79.7  79.7  78.2  78.2  78.2  49,031 49,031 36

555 West 57th Street 100.0 Midtown West Fee Interest 941,000  4.0  77.2  77.2  77.2  77.2  77.2  77.2  49,317 49,317 11

711 Third Avenue      100.0 (5) Grand Central North Leasehold Interest (5) 524,000  2.2  85.5  84.7  84.7  84.7  84.0  84.0  29,288 29,288 20

800 Third Avenue 100.0 Grand Central North Fee Interest 526,000  2.2  77.7  77.1  77.1  89.7  89.4  88.7  28,736 28,736 45

810 Seventh Avenue 100.0 Times Square Fee Interest 692,000  2.9  86.9  86.3  86.3  86.9  84.0  84.0  44,586 44,586 48

885 Third Avenue 100.0 Midtown / Plaza District Fee / Leasehold Interest 218,796  0.9  90.1  85.6  85.6  89.6  84.5  84.5  12,600 12,600 16

1185 Avenue of the Americas 100.0 Rockefeller Center Leasehold Interest 1,062,000  4.5  87.9  82.1  79.7  92.8  81.8  81.8  71,063 71,063 29

1350 Avenue of the Americas 100.0 Rockefeller Center Fee Interest 562,000  2.4  81.1  78.9  78.9  81.4  74.7  74.7  36,237 36,237 44

Added to Same Store in 2026

500 Park Avenue 100.0 Park Avenue Fee Interest 201,411  0.9  100.0  100.0  100.0  100.0  90.7  90.7  19,285 19,285 13

Subtotal / Weighted Average 9,126,552  38.7  % 88.6  % 86.0  % 85.4  % 88.8  % 85.6  % 85.3  % $585,441 $585,441 572

"Non Same Store"

65 East 55th Street (Park Avenue Tower) 95.0 Plaza District Fee Interest 622,000  2.6  96.6  96.6  96.6  96.6  94.8  94.8  $70,011 $70,011 31

Subtotal / Weighted Average 622,000  2.6  % 96.6  % 96.6  % 96.6  % 96.6  % 94.8  % 94.8  % $70,011 $70,011 31

Total / Weighted Average Consolidated Properties 9,748,552  41.3  % 89.1  % 86.7  % 86.2  % 89.3  % 86.2  % 85.9  % $655,452 $655,452 603

UNCONSOLIDATED PROPERTIES

"Same Store"

One Vanderbilt Avenue 55.0 Grand Central Fee Interest 1,657,198  7.0  100.0  100.0  100.0  100.0  100.0  100.0  $300,318 $165,175 39

11 Madison Avenue 60.0 Park Avenue South Fee Interest 2,314,000  9.8  100.0  100.0  93.0  99.9  96.5  93.0  191,915 115,149 9

100 Park Avenue 50.8 Grand Central South Fee Interest 834,000  3.5  99.4  95.4  95.4  99.4  95.7  95.7  62,128 31,561 37

220 East 42nd Street 51.0 Grand Central Fee Interest 1,135,000  4.8  95.7  95.1  95.1  95.5  95.5  95.1  75,777 38,647 37

245 Park Avenue 50.1 Park Avenue Fee Interest 1,782,793  7.5  100.0  97.8  88.2  97.8  96.7  85.5  198,807 99,602 13

280 Park Avenue 50.0 Park Avenue Fee Interest 1,219,158  5.2  98.9  98.1  92.5  98.4  97.3  92.4  142,798 71,399 36

450 Park Avenue 25.1 Park Avenue Fee Interest 337,000  1.4  93.8  87.7  87.7  87.7  87.7  87.7  38,942 9,774 27

919 Third Avenue 51.0 Grand Central North Fee Interest 1,454,000  6.2  99.8  95.5  95.5  99.8  95.5  84.3  103,333 52,700 11

1515 Broadway 56.9 Times Square Fee Interest 1,750,000  7.4  99.9  99.9  99.9  99.9  99.8  99.8  152,225 86,616 9

Added to Same Store in 2026

One Madison Avenue 25.5 Park Avenue South Fee Interest 1,385,484  5.9  98.9  92.2  78.5  98.9  92.2  78.5  151,066 38,522 16

Subtotal / Weighted Average 13,868,633  58.7  % 99.2  % 97.3  % 93.1  % 98.7  % 96.6  % 91.5  % $1,417,309 $709,145 234

Total / Weighted Average Unconsolidated Properties 13,868,633  58.7  % 99.2  % 97.3  % 93.1  % 98.7  % 96.6  % 91.5  % $1,417,309 $709,145 234

Manhattan Operating Properties Grand Total / Weighted Average 23,617,185  100.0  % 95.0  % 92.9  % 90.2  % 94.8  % 92.3  % 89.2  % $2,072,761 $1,364,597 837

Manhattan Operating Properties Same Store Occupancy % 22,995,185  97.4  % 95.0  % 92.8  % 90.0  % 94.8  % 92.2  % 89.1  %

(1) Represents the rentable square footage at the time the property was acquired.

(2) Calculated based on the square footage leased under executed leases as of the reporting date, regardless of whether the leases have commenced or the tenants have taken possession.

(3) Calculated based on the square footage for which lease terms have commenced per the underlying lease. For GAAP purposes revenue may not yet be recognized for certain commenced leases as of the reporting date.

(4) Calculated based on the square footage on which revenue is being recognized for GAAP purposes as of the reporting date, which may differ from the square footage on which cash rent is being collected.

(5) The Company also owns 50% of the fee interest.

Supplemental Information

31

Third Quarter 2026

SELECTED PROPERTY DATA

Retail, Residential and Suburban Operating Properties

Unaudited

(Dollars in Thousands)

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Total Tenants

Ownership % of Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Sq. Feet Leased (2) Occupied (3) Leased (2) Occupied (3) ($'s) SLG Share ($'s)

RETAIL PROPERTIES

"Same Store" Retail

760 Madison Avenue 100.0 Plaza District Fee Interest 22,648  6.4  100.0  100.0  100.0  100.0  $18,718 $18,718 1

Subtotal/Weighted Average 22,648  6.4  % 100.0  % 100.0  % 100.0  % 100.0  % $18,718 $18,718 1

"Non Same Store" Retail

315 West 33rd Street - The Olivia 100.0 Penn Station Fee Interest 270,132  76.9  81.5  81.5  82.4  82.4  $12,970 $12,969 7

610 Park Avenue 100.0 Plaza District Fee Interest 17,765  5.1  100.0  100.0  100.0 100.0 1,768 1,768 1

800 Seventh Avenue 100.0 Times Square Fee Interest 28,000  8.0  100.0  100.0  100.0  100.0  1,100 1,100 1

1552 Broadway/1560 Broadway Signage 50.0 Times Square Fee / Leasehold Interest 12,719  3.6  100.0  100.0  100.0  100.0  $4,429 $2,215 (4) 1

Subtotal/Weighted Average 328,616  93.6  % 84.8  % 84.8  % 85.5  % 85.5  % $20,267 $18,052 10

Total / Weighted Average Retail Properties 351,264  100.0  % 85.8  % 85.8  % 86.5  % 86.5  % $38,985 $36,770 11

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Average Monthly Rent Per Occupied Unit

Ownership Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Units Leased (2) Occupied (3) Leased (2) Occupied (3) ($'s) SLG Share ($'s) ($'s)

RESIDENTIAL PROPERTIES

"Same Store" Residential

15 Beekman Street 20.0 Downtown Leasehold Interest 221,884  484  (5) 100.0  100.0  100.0  100.0  $14,509 $2,902 N/A

Subtotal/Weighted Average 221,884  484  100.0  % 100.0  % 100.0  % 100.0  % $14,509 $2,902 $—

"Non Same Store" Residential

315 West 33rd Street - The Olivia 100.0 Penn Station Fee Interest 222,855  333  99.1  98.2  98.5  98.2  $20,265 $20,265 $5,164

Subtotal/Weighted Average 222,855  333  99.1  % 98.2  % 98.5  % 98.2  % $20,265 $20,265 $5,164

Total / Weighted Average Residential Properties 444,739  817  99.6  % 99.3  % 99.4  % 99.3  % $34,774 $23,167 $5,164

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Total Tenants

Ownership % of Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Sq. Feet Leased (2) Occupied (3) Leased (2) Occupied (3) ($'s) SLG Share ($'s)

SUBURBAN PROPERTIES

"Non Same Store" Suburban

Landmark Square 100.0 Stamford, Connecticut Fee Interest 732,800  100.0  78.6  78.3  79.9  79.9  $15,554 $15,554 86

Subtotal/Weighted Average 732,800  100.0  % 78.6  % 78.3  % 79.9  % 79.9  % $15,554 $15,554 86

Total / Weighted Average Suburban Properties 732,800  100.0  % 78.6  % 78.3  % 79.9  % 79.9  % $15,554 $15,554 86

(1) Represents the rentable square footage at the time the property was acquired.

(2) Calculated based on the square footage leased under executed leases as of the reporting date, regardless of whether the leases have commenced or the tenants have taken possession.

(3) Calculated based on the square footage for which lease terms have commenced per the underlying lease. For GAAP purposes revenue may not yet be recognized for certain commenced leases as of the reporting date.

(4) Reflects the contractual rent for 1552 Broadway.

(5) Property occupied by Pace University and used as an academic center and dormitory space. 484 represents number of beds.

Supplemental Information

32

Third Quarter 2026

SELECTED PROPERTY DATA

Development / Redevelopment & Alternative Strategy Portfolio Properties

Unaudited

(Dollars in Thousands)

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Real Estate Book Value, Net Total Tenants

Ownership % of Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Sq. Feet Leased (2) Occupied (3) Leased (2) Occupied (3) ($'s) SLG Share ($'s)

Development / Redevelopment

3 Landmark Square 100.0 Stamford, Connecticut Fee Interest 130,000  10.6  3.0  3.0  3.0  3.0  $144 $144 $20,879 3

19 East 65th Street 100.0 Plaza District Fee Interest 14,639  1.2  —  —  —  —  — — 23,189  —

185 Broadway 100.0 Lower Manhattan Fee Interest 21,174  1.7  —  —  —  —  — — 7,177  —

346 Madison Avenue 51.0 Grand Central Fee Interest 275,138  22.5  —  —  15.1  15.1  — — 201,363  —

750 Third Avenue 100.0 Grand Central North Fee Interest 780,000  64.0  1.2  1.2  1.2  1.2  1,646 1,646 401,654  3

Total / Weighted Average Development / Redevelopment Properties 1,220,951  100.0  % 1.1  % 1.1  % 4.5  % 4.5  % $1,790 $1,790 $654,262  6

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Investment Carrying Value, Net Total Tenants

Ownership % of Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Sq. Feet Leased (2) Occupied (3) Leased (2) Occupied (3) ($'s) SLG Share ($'s)

Alternative Strategy Portfolio

2 Herald Square 95.0 Herald Square Leasehold Interest 369,000  14.8  34.3  34.3  34.3  34.3  $25,914 $24,618 $110,779 3

115 Spring Street 51.0 Soho Fee Interest 5,218  0.2  100.0  100.0  —  —  1,008 514 —  1

650 Fifth Avenue 50.0 Plaza District Leasehold Interest 69,214  2.8  100.0  100.0  100.0  100.0  44,044 22,022 (103,121) 1

Worldwide Plaza 25.1 Westside Fee Interest 2,048,725  82.2  56.9  56.9  61.9  61.9  72,099 18,061 17,575 20

Total / Weighted Average Alternative Strategy Portfolio Properties 2,492,157  100.0  % 54.8  % 54.8  % 58.7  % 58.7  % $143,065 $65,215 $25,233  25

(1) Represents the rentable square footage at the time the property was acquired.

(2) Calculated based on the square footage leased under executed leases as of the reporting date, regardless of whether the leases have commenced or the tenants have taken possession.

(3) Calculated based on the square footage for which lease terms have commenced per the underlying lease. For GAAP purposes revenue may not yet be recognized for certain commenced leases as of the reporting date.

Supplemental Information

33

Third Quarter 2026

SELECTED PROPERTY DATA

Retail Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties

Unaudited

(Dollars in Thousands)

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Total Tenants

Ownership % of Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Sq. Feet Leased (2) Occupied (3) Leased (2) Occupied (3) ($'s) SLG Share ($'s)

HIGH STREET RETAIL - Consolidated Properties

315 West 33rd Street - The Olivia 100.0 Penn Station Fee Interest 159,343  11.2  68.0  68.0  69.5  69.5  $8,855 $8,855 6

610 Park Avenue 100.0 Plaza District Fee Interest 17,765  1.2  100.0  100.0  100.0  100.0  1,768 1,768 1

760 Madison Avenue 100.0 Plaza District Fee Interest 22,648  1.6  100.0  100.0  100.0  100.0  18,718 18,718 1

800 Seventh Avenue 100.0 Times Square Fee Interest 28,000  1.9  100.0  100.0  100.0  100.0  1,100 1,100 1

Subtotal / Weighted Average 227,756  15.9  % 77.6  % 77.6  % 78.7  % 78.7  % $30,441 $30,441 9

HIGH STREET RETAIL - Unconsolidated Properties

1552 Broadway/1560 Broadway Signage 50.0 Times Square Fee / Leasehold Interest 12,520  0.8  100.0  100.0  100.0  100.0  $4,429 $2,215 1

Subtotal / Weighted Average 12,520  0.8  % 100.0  % 100.0  % 100.0  % 100.0  % $4,429 $2,215 1

Total / Weighted Average High Street Retail 240,276  16.7  % 78.8  % 78.8  % 79.8  % 79.8  % $34,870 $32,656 10

OTHER RETAIL - Consolidated Properties

65 East 55th Street (Park Avenue Tower) 95.0 Plaza District Fee Interest 12,705  0.9  100.0  100.0  100.0  100.0  $896 $896 1

100 Church Street 100.0 Downtown Fee Interest 61,708  4.4  95.9  91.8  95.9  95.9  3,952 3,952 8

110 Greene Street 100.0 Soho Fee Interest 16,121  1.1  100.0  100.0  100.0  100.0  4,788 4,788 3

125 Park Avenue 100.0 Grand Central Fee Interest 32,124  2.2  100.0  100.0  100.0  80.6  4,217 4,217 7

304 Park Avenue South 100.0 Midtown South Fee Interest 25,330  1.8  100.0  100.0  100.0  100.0  3,924 3,924 5

420 Lexington Ave (Graybar) 100.0 Grand Central North Leasehold Interest 54,026  3.8  100.0  100.0  100.0  100.0  5,457 5,457 6

461 Fifth Avenue 100.0 Midtown Fee Interest 16,149  1.1  100.0  100.0  100.0  100.0  1,114 1,114 2

485 Lexington Avenue 100.0 Grand Central North Fee Interest 41,701  2.9  68.5  68.5  68.5  68.5  4,511 4,511 7

500 Park Avenue 100.0 Park Avenue Fee Interest 11,976  0.8  100.0  100.0  100.0  100.0  1,297 1,297 3

555 West 57th Street 100.0 Midtown West Fee Interest 53,186  3.7  100.0  100.0  100.0  100.0  3,260 3,260 2

711 Third Avenue 100.0 Grand Central North Leasehold Interest 25,639  1.8  100.0  83.5  83.5  83.5  2,389 2,389 2

750 Third Avenue (4) 100.0 Grand Central North Fee Interest 24,827  1.7  42.3  42.3  42.3  42.3  1,646 1,646 3

800 Third Avenue 100.0 Grand Central North Fee Interest 9,900  0.7  100.0  100.0  100.0  100.0  1,002 1,002 2

810 Seventh Avenue 100.0 Times Square Fee Interest 18,207  1.3  98.6  98.6  98.6  98.6  4,691 4,691 3

885 Third Avenue 100.0 Midtown / Plaza District Fee / Leasehold Interest 9,140  0.6  100.0  100.0  100.0  100.0  558 558 2

1185 Avenue of the Americas 100.0 Rockefeller Center Leasehold Interest 54,273  3.8  100.0  96.1  100.0  96.1  2,999 2,999 5

1350 Avenue of the Americas 100.0 Rockefeller Center Fee Interest 17,797  1.2  100.0  100.0  100.0  100.0  2,870 2,870 6

Subtotal / Weighted Average 484,809  33.8  % 93.8  % 91.9  % 92.9  % 91.2  % $49,571 $49,571 67

OTHER RETAIL - Unconsolidated Properties

One Madison Avenue 25.5 Park Avenue South Fee Interest 109,893  7.7  87.7  87.7  87.7  87.7  $5,759 $1,468 7

One Vanderbilt Avenue 55.0 Grand Central Fee Interest 34,885  2.4  100.0  100.0  100.0  100.0  6,381 3,509 7

11 Madison Avenue 60.0 Park Avenue South Fee Interest 37,325  2.6  100.0  100.0  100.0  100.0  4,006 2,404 3

100 Park Avenue 50.8 Grand Central South Fee Interest 38,556  2.7  100.0  100.0  100.0  100.0  3,444 1,750 7

220 East 42nd Street 51.0 Grand Central Fee Interest 33,866  2.4  67.1  67.1  81.0  81.0  1,681 857 3

245 Park Avenue 50.1 Park Avenue Fee Interest 31,014  2.2  100.0  93.5  100.0  93.5  2,470 1,238 3

280 Park Avenue 50.0 Park Avenue Fee Interest 28,219  2.0  100.0  100.0  100.0  100.0  1,673 836 3

450 Park Avenue 25.1 Park Avenue Fee Interest 6,317  0.4  100.0  100.0  100.0  100.0  1,848 464 1

919 Third Avenue 51.0 Grand Central North Fee Interest 29,441  2.0  100.0  100.0  100.0  100.0  3,908 1,993 4

1515 Broadway 56.9 Times Square Fee Interest 182,011  12.6  100.0  100.0  100.0  99.8  30,053 17,101 9

Subtotal / Weighted Average 531,527  37.0  % 95.4  % 95.0  % 96.2  % 95.8  % $61,223 $31,620 47

Total / Weighted Average Other Retail 1,016,336  70.8  % 94.6  % 93.5  % 94.6  % 93.6  % $110,794 $81,191 114

(1) Represents the rentable square footage at the time the property was acquired.

(2) Calculated based on the square footage leased under executed leases as of the reporting date, regardless of whether the leases have commenced or the tenants have taken possession.

(3) Calculated based on the square footage for which lease terms have commenced per the underlying lease. For GAAP purposes revenue may not yet be recognized for certain commenced leases as of the reporting date.

(4) Redevelopment properties.

Supplemental Information

34

Third Quarter 2026

SELECTED PROPERTY DATA - CONTINUED

Retail Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties

Unaudited

(Dollars in Thousands)

September 30, 2026 June 30, 2026 Annualized Contractual

Cash Rent Total Tenants

Ownership % of Total Occupancy % Occupancy %

Properties Interest (%) SubMarket Ownership Square Feet (1) Sq. Feet Leased (2) Occupied (3) Leased (2) Occupied (3) ($'s) SLG Share ($'s)

ALTERNATIVE STRATEGY PORTFOLIO - Unconsolidated Properties

2 Herald Square 95.0 Herald Square Leasehold Interest 94,531  6.6  39.7  39.7  39.7  39.7  $14,807 $14,067 2

115 Spring Street 51.0 Soho Fee Interest 5,218  0.4  100.0  100.0  —  —  1,008 514 1

650 Fifth Avenue 50.0 Plaza District Leasehold Interest 69,214  4.8  100.0  100.0  100.0  100.0  44,044 22,022 1

Worldwide Plaza 25.1 Westside Fee Interest 10,592  (4) 0.7  84.9  84.9  84.9  84.9  1,280 321 7

Subtotal / Weighted Average 179,555  12.5  % 67.4  % 67.4  % 64.5  % 64.5  % $61,139 $36,924 11

Total / Weighted Average Alternative Strategy Portfolio 179,555  12.5  % 67.4  % 67.4  % 64.5  % 64.5  % $61,139 $36,924 11

Retail Grand Total / Weighted Average 1,436,167  100.0  % 88.6  % 87.8  % 88.4  % 87.6  % $206,803 $150,770 135

(1) Represents the rentable square footage at the time the property was acquired.

(2) Calculated based on the square footage leased under executed leases as of the reporting date, regardless of whether the leases have commenced or the tenants have taken possession.

(3) Calculated based on the square footage for which lease terms have commenced per the underlying lease. For GAAP purposes revenue may not yet be recognized for certain commenced leases as of the reporting date.

(4) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet.

Supplemental Information

35

Third Quarter 2026

LARGEST TENANTS BY SLG SHARE OF ANNUALIZED CASH RENT (1)

Unaudited

(Dollars in Thousands Except Per SF)

Ownership Interest % Lease Expiration (2)   Total Rentable Square Feet   Annualized Contractual Cash Rent ($) SLG Share of Annualized Contractual Cash Rent ($)

% of SLG Share of Annualized Contractual Cash Rent (3)

Annualized Contractual Rent PSF

Investment Grade Credit Rating (4)

Tenant Name Property

SkyDance Corporation 1515 Broadway 56.9 Jun 2031 1,604,544  $122,165 $69,510 4.7% $76.14

555 West 57th Street 100.0 Oct 2026 36,117  2,238 2,238 0.1% 61.96

555 West 57th Street 100.0 Apr 2027 150,765  9,292 9,292 0.6% 61.63

1515 Broadway 56.9 Mar 2028 9,106  2,275 1,295 0.1% 249.86

1,800,532  $135,970 $82,335 5.5% $75.52

UBS Americas, Inc. 11 Madison Avenue 60.0 May 2037 1,184,489  $82,851 $49,711 3.3% $69.95 A+

Sony Corporation 11 Madison Avenue 60.0 Jan 2031 578,791  $57,643 $34,586 2.3% $99.59 A+

Bloomberg L.P. 919 Third Avenue 51.0 Feb 2040 926,156  $64,495 $32,893 2.2% $69.64

McDermott Will & Schulte LLP One Vanderbilt Avenue 55.0 Dec 2042 199,320  $37,442 $20,593 1.4% $187.85

919 Third Avenue 51.0 Jun 2036 283,894  22,652 11,552 0.8% 79.79

420 Lexington Avenue 100.0 Oct 2026 10,043  651 651 —% 64.82

493,257  $60,745 $32,796 2.2% $123.15

Ares Management LLC 245 Park Avenue 50.1 Jun 2043 344,840  $53,150 $26,628 1.8% $154.13

245 Park Avenue 50.1 Dec 2028 36,316  $3,764 $1,886 0.1% $103.63

381,156  $56,914 $28,514 1.9% $149.32 A-

Societe Generale 245 Park Avenue 50.1 Oct 2032 520,831  $50,596 $25,349 1.7% $97.15 A

The City of New York 100 Church Street 100.0 Mar 2034 510,007  $23,327 $23,327 1.6% $45.74 Aa2

420 Lexington Avenue 100.0 Dec 2033 2,560  $97 $97 —% $38.01

512,567  $23,424 $23,424 1.6% $45.70

Metro-North Commuter Railroad Company 420 Lexington Avenue 100.0 Nov 2034 344,873  $22,339 $22,339 1.5% $64.77

420 Lexington Avenue 100.0 Jan 2027 7,537  458 458 — 60.81

352,410  $22,797 $22,797 1.5% $64.69 (5) A1

Nike Retail Services, Inc. 650 Fifth Avenue 50.0 Jan 2033 69,214  $44,044 $22,022 1.5% $636.35 A

WME IMG, LLC 304 Park Avenue 100.0 Dec 2027 72,077  $5,739 $5,739 0.4% $79.62

304 Park Avenue 100.0 Apr 2028 12,372  1,058 1,058 0.1% $85.49

304 Park Avenue 100.0 Aug 2033 90,202  8,089 8,089 0.5% $89.68

11 Madison Avenue 60.0 Sep 2030 104,618  11,480 6,888 0.4% $109.73

279,269  $26,366 $21,774 1.4% $94.41

TD Bank US Holding Company One Vanderbilt Avenue 55.0 Jul 2041 193,159  $28,480 $15,664 1.1% $147.44 (5)

One Vanderbilt Avenue 55.0 Aug 2041 6,843  3,605 1,983 0.1% 526.79

125 Park Avenue 100.0 Oct 2030 26,536  2,007 2,007 0.1% 75.63

125 Park Avenue 100.0 Mar 2034 25,171  1,698 1,698 0.1% 67.45

251,709  $35,790 $21,352 1.4% $142.18 A+

Franklin Templeton Companies LLC One Madison Avenue 25.5 May 2040 354,976  $49,502 $12,623 0.8% $139.45

280 Park Avenue 50.0 Nov 2031 128,993  14,101 7,051 0.5% $109.32

483,969  $63,603 $19,674 1.3% $131.42 A

Carlyle Investment Management LLC One Vanderbilt Avenue 55.0 Sep 2036 194,702  $35,595 $19,577 1.3% $182.82 (5) A-

Giorgio Armani Corporation 760 Madison Avenue 100.0 Oct 2038 22,648  $18,718 $18,718 1.2% $826.49

PJT Partners Holdings LP 280 Park Avenue 50.0 Jun 2041 290,548  $36,168 $18,084 1.2% $124.48

Hess Corp 1185 Avenue of the Americas 100.0 Dec 2027 167,169  $16,236 $16,236 1.1% $97.12 AA-

The Toronto Dominion Bank One Vanderbilt Avenue 55.0 Apr 2042 142,892  $21,870 $12,028 0.8% $153.05 (5)

125 Park Avenue 100.0 Apr 2042 52,450  3,943 3,943 0.3% $75.17

195,342  $25,813 $15,971 1.1% $132.14 A+

BMW of Manhattan, Inc. 555 West 57th Street 100.0 Jul 2032 226,556  $13,897 $13,897 0.9% $61.34 A

Stone Ridge Holdings One Vanderbilt Avenue 55.0 Dec 2037 97,652  $23,757 $13,067 0.9% $243.29

Total 9,028,967  895,422  532,777  35.5%

(1) Based on commenced leases.

(2) Expiration of current lease term and does not reflect extension options.

(3) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, Development / Redevelopment and Alternative Strategy Portfolio properties.

(4) Corporate or bond rating from S&P, Fitch or Moody's.

(5) Tenant pays rent on a net basis. Rent PSF reflects gross rent equivalent.

Supplemental Information

36

Third Quarter 2026

TENANT DIVERSIFICATION - MANHATTAN COMMERCIAL

Unaudited

Supplemental Information

37

Third Quarter 2026

LEASING ACTIVITY - MANHATTAN OPERATING PROPERTIES

Available Space

Unaudited

Activity Building Address # of Leases Square Feet (1) Rentable SF Escalated

Rent/Rentable SF ($'s)(2)

Available Space at 6/30/26 1,915,147

Less: Sold Vacancies 10 East 53rd Street (33,025)

Space which became available during the Quarter (3):

Office

One Vanderbilt Avenue 1  6,896  7,204  $268.31

100 Park Avenue 1  4,769  5,205  95.16

280 Park Avenue 2  17,260  17,878  106.25

420 Lexington Avenue 5  7,924  9,601  66.21

461 Fifth Avenue 1  6,516  6,933  118.75

800 Third Avenue 4  78,416  77,440  78.18

885 Third Avenue 1  18,984  19,270  83.20

1185 Avenue of the Americas 2  32,804  35,834  44.74

1350 Avenue of the Americas 1  1,798  1,555  82.69

Total/Weighted Average 18  175,367  180,920  $83.88

Retail

100 Church Street 1  2,552  2,548  $120.50

220 East 42nd Street 1  5,300  4,722  71.54

Total/Weighted Average 2  7,852  7,270  $88.70

Storage

110 Greene Street 1  210  130  $25.38

885 Third Avenue 1  2,165  2,165  38.48

Total/Weighted Average 2  2,375  2,295  $37.74

Total Space which became available during the Quarter

Office 18  175,367  180,920  $83.88

Retail 2  7,852  7,270  $88.70

Storage 2  2,375  2,295  $37.74

22  185,594  190,485  $83.51

Total Available Space 2,067,716

(1) Represents the rentable square footage at the time the property was acquired.

(2) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions.

(3) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover.

Supplemental Information

38

Third Quarter 2026

LEASING ACTIVITY - MANHATTAN OPERATING PROPERTIES

Commenced Leasing

Unaudited

Activity Building Address # of Leases Term (Yrs) Square Feet (1) Rentable SF New Cash Rent / Rentable SF(2) Prev. Escalated Rent/ Rentable SF(3) TI / Rentable SF Free Rent

# of Months

Available Space 2,067,716

Office

One Vanderbilt Avenue 1  5.3 6,896  7,204  320.00  265.00  —  3.0

11 Madison Avenue 2  11.2 79,129  80,705  102.80  101.91  145.00  15.0

65 East 55th Street (Park Avenue Tower) 2  5.2 11,208  11,243  140.91  —  47.96  5.4

100 Park Avenue 1  7.8 2,532  2,021  96.00  87.76  28.32  4.0

245 Park Avenue 1  17.1 19,366  17,233  150.00  144.59  194.96  20.0

280 Park Avenue 3  7.8 27,538  28,718  112.14  97.33  47.84  8.4

420 Lexington Avenue 10  5.3 30,812  39,654  68.14  69.35  128.15  3.7

485 Lexington Avenue 1  3.0 13,827  14,206  15.00  —  —  —

500 Park Avenue 1  8.8 18,795  18,820  118.00  —  6.91  8.0

711 Third Avenue 1  10.8 3,844  4,089  62.00  —  129.93  9.0

800 Third Avenue 4  4.5 13,048  14,731  70.43  81.26  129.71  3.6

810 Seventh Avenue 3  5.3 16,060  17,816  71.67  72.26  3.64  3.2

885 Third Avenue 2  10.3 23,512  23,964  70.59  80.77  48.25  5.8

1185 Avenue of the Americas 2  11.7 62,393  68,965  80.96  93.81  147.17  15.7

1350 Avenue of the Americas 1  7.7 25,405  25,854  78.00  96.43  140.04  8.0

Total/Weighted Average 35  9.1 354,365  375,223  $93.76  $99.74  $105.74  10.0

Retail

125 Park Avenue 1  15.0 7,201  6,234  $312.80  342.11  247.03  8.0

1515 Broadway 1  1.6 1,785  1,092  892.86  —  —  1.0

Total/Weighted Average 2  13.0 8,986  7,326  $399.26  $342.11  $210.21  7.0

Storage

420 Lexington Avenue 1  0.5 70  114  40.00  28.33  —  —

800 Third Avenue 2  4.0 515  515  35.00  —  —  —

Total/Weighted Average 3  3.4 585  629  $35.91  $28.33  $—  —

Leased Space

Office (4) 35  9.1 354,365  375,223  $93.76  $99.74  $105.74  10.0

Retail 2  13.0 8,986  7,326  $399.26  $342.11  $210.21  7.0

Storage 3  3.4  585  629  $35.91  $28.33  $—  —

Total 40  9.1 363,936  383,178  $99.51  $105.11  $107.57  9.9

Total Available Space as of 9/30/26 1,703,780

Early Renewals

Office

110 Greene Street 3  3.1 5,993  5,993  90.61  85.08  —  1.3

125 Park Avenue 1  10.7 30,365  30,365  98.00  94.76  65.00  8.0

304 Park Avenue South 1  5.3 83,479  90,202  91.68  91.68  12.22  2.0

420 Lexington Avenue 2  1.7 5,184  7,589  76.09  $66.71  —  0.4

450 Park Avenue 2  3.0 18,310  18,316  110.62  85.89  1.01  0.4

1350 Avenue of the Americas 2  8.1 9,708  10,185  99.45  90.79  86.73  2.9

Total/Weighted Average 11  6.0 153,039  162,650  $94.71  $90.14  $24.46  2.9

Renewals

Early Renewals Office 11  6.0 153,039  162,650  $94.71  $90.14  $24.46  2.9

Total 11  6.0 153,039  162,650  $94.71 $90.14  $24.46  2.9

(1) Represents the rentable square footage at the time the property was acquired.

(2) Annual initial base rent.

(3) Escalated cash rent includes base rent plus all additional amounts paid by the tenant in the form of real estate taxes, operating expenses, porters wage or a consumer price index (CPI) adjustment, excluding concessions.

(4) Average starting office rent excluding new tenants replacing vacancies is $97.71/rsf for 273,481 rentable SF.

Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $96.59/rsf for 436,131 rentable SF.

Supplemental Information

39

Third Quarter 2026

LEASE EXPIRATIONS - MANHATTAN OPERATING PROPERTIES

Office, Retail and Storage Leases

Unaudited

Year of Lease Expiration Number of Expiring Leases (1) Rentable Square Footage of Expiring Leases SLG Share

Rentable Square Footage of Expiring Leases Percentage of Total

Sq. Ft. Annualized Contractual Cash Rent of Expiring Leases SLG Share

Annualized Contractual Cash Rent of Expiring Leases Annualized Contractual Cash Rent Per Square Foot of Expiring Leases $/psf (2)

Wholly-Owned and Consolidated JV Properties

3rd Quarter 2026 (3) 12  127,004  127,004  1.4  % 5,010,621  5,010,621  39.45

4th Quarter 2026 22  281,582  281,582  3.2  % 20,613,757 20,613,757 73.21

Total 2026 34  408,586  408,586  4.6  % $25,624,378 $25,624,378 $62.71

2027 73  709,149  709,149  8.0  % $48,453,286 $48,453,286 $68.33

2028 75  579,807  579,807  6.5  % 43,976,655  43,976,655  75.85

2029 82  646,142  646,142  7.3  % 48,999,376  48,999,376  75.83

2030 64  978,524  978,524  11.0  % 73,632,393  73,632,393  75.25

2031 73  521,935  521,935  5.9  % 43,337,018  43,337,018  83.03

2032 39  853,641  853,641  9.6  % 57,650,236  57,650,236  67.53

2033 33  606,281  606,281  6.8  % 54,373,920  54,373,920  89.68

2034 41  1,459,427  1,459,427  16.4  % 95,170,085  95,170,085  65.21

2035 22  557,459  557,459  6.3  % 48,345,631  48,345,631  86.72

Thereafter 83  1,556,486  1,556,486  17.6  % 115,888,822  115,888,822  74.46

Grand Total 619  8,877,437  8,877,437  100.0  % $655,451,800 $655,451,800 $73.83

Unconsolidated JV Properties

3rd Quarter 2026 (3) 1  495  282  —  % 8,352  4,752  16.87

4th Quarter 2026 4  31,943  16,158  0.2  % 2,346,082 1,188,081 73.45

Total 2026 5  32,438  16,440  0.2  % $2,354,434 $1,192,833 $72.58

2027 17  184,035  86,684  1.3  % $29,076,268 $14,565,699 $157.99

2028 26  269,534  133,982  2.0  % 39,152,006  19,922,075  145.26

2029 14  127,805  61,568  0.9  % 13,693,473  6,230,313  107.14

2030 17  270,341  142,843  2.0  % 36,404,765  19,384,184  134.66

2031 24  2,706,594  1,517,245  19.8  % 227,461,026  127,065,845  84.04

2032 15  1,003,627  505,167  7.3  % 93,987,599  47,102,643  93.65

2033 13  291,208  143,725  2.1  % 33,216,167  16,385,074  114.06

2034 9  464,076  228,434  3.4  % 46,999,503  23,209,957  101.28

2035 7  370,189  162,145  2.7  % 39,977,914  15,876,741  107.99

Thereafter 93  7,950,558  3,924,954  58.3  % 854,986,335  418,209,598  107.54

Grand Total 240  13,670,405  6,923,187  100.0  % $1,417,309,490 $709,144,962 $103.68

(1) Tenants may have multiple leases.

(2) Represents in place annualized contractual cash rent allocated by year of expiration.

(3) Includes month to month holdover tenants that expired prior to September 30, 2026.

Supplemental Information

40

Third Quarter 2026

LEASE EXPIRATIONS

Retail Leases Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties

Wholly-Owned and Consolidated JV's

Unaudited

Year of Lease Expiration Number of Expiring Leases (1) Rentable Square Footage of Expiring Leases SLG Share

Rentable Square Footage of Expiring Leases Percentage of Total

Sq. Ft. Annualized Contractual Cash Rent of Expiring Leases SLG Share

Annualized Contractual Cash Rent of Expiring Leases Annualized Contractual Cash Rent Per Square Foot of Expiring Leases $/psf (2)

High Street Retail

3rd Quarter 2026 —  —  —  —  % $—  $—  $—

4th Quarter 2026 —  —  —  —  % $—  $—  $—

2026 (3) —  —  —  —  % $—  $—  $—

2027  —  —  —  —  % —  —  —

2028  —  —  —  —  % —  —  —

2029  2  2,238  2,238  1.3  % 558,108  558,108  249.38

2030  —  —  —  —  % —  —  —

2031  —  —  —  —  % —  —  —

2032  1  1,445  1,445  0.8  % 258,757  258,757  179.07

2033  1  2,900  2,900  1.6  % 424,456  424,456  146.36

2034  —  —  —  —  % —  —  —

2035  —  —  —  —  % —  —  —

Thereafter 5  170,792  170,792  96.3  % 29,199,619  29,199,619  170.97

9  177,375  177,375  100.0  % $30,440,940  $30,440,940  $171.62

Vacancy (4) 50,947

Grand Total 228,322

Other Retail

3rd Quarter 2026 1  210  210  —  % $10,152  $10,152  $48.34

4th Quarter 2026 —  —  —  —  % $—  $—  $—

2026 (3) 1  210  210  —  % $10,152  $10,152  $48.34

2027  4  23,670  23,670  5.3  % 4,075,752  4,075,752  172.19

2028  4  11,885  11,885  2.6  % 2,497,455  2,497,455  210.14

2029  4  27,702  27,702  6.2  % 2,654,128  2,654,128  95.81

2030  3  35,231  35,231  7.8  % 5,285,539  5,285,539  150.03

2031  7  19,252  19,252  4.3  % 3,106,266  3,106,266  161.35

2032  6  20,781  20,781  4.6  % 3,164,323  3,164,323  152.27

2033  5  92,949  92,949  20.6  % 6,856,883  6,856,883  73.77

2034  12  68,207  68,207  15.1  % 5,203,131  5,203,131  76.28

2035  1  2,551  2,551  0.6  % 475,357  475,357  186.34

Thereafter 20  147,963  147,963  32.9  % 16,241,627  16,241,627  109.77

67  450,401  450,401  100.0  % $49,570,613  $49,570,613  $110.06

Vacancy (4) 38,755

Grand Total 489,156

(1) Tenants may have multiple leases.

(2) Represents in place annualized contractual cash rent allocated by year of expiration.

(3) Includes month to month holdover tenants that expired prior to September 30, 2026.

(4) Includes square footage of leases signed but not yet commenced.

Supplemental Information

41

Third Quarter 2026

LEASE EXPIRATIONS

Retail Leases Within Operating, Development / Redevelopment and Alternative Strategy Portfolio Properties

Unconsolidated JV's

Unaudited

Year of Lease Expiration Number of Expiring Leases (1) Rentable Square Footage of Expiring Leases SLG Share

Rentable Square Footage of Expiring Leases Percentage of Total

Sq. Ft. Annualized Contractual Cash Rent of Expiring Leases SLG Share

Annualized Contractual Cash Rent of Expiring Leases Annualized Contractual Cash Rent Per Square Foot of Expiring Leases $/psf (2)

High Street Retail

2026 (3) —  —  —  —  % $—  $—  $—

2027  —  —  —  —  % —  —  —

2028  —  —  —  —  % —  —  —

2029  —  —  —  —  % —  —  —

2030  —  —  —  —  % —  —  —

2031  —  —  —  —  % —  —  —

2032  —  —  —  —  % —  —  —

2033  —  —  —  —  % —  —  —

2034  —  —  —  —  % —  —  —

2035  1  12,520  6,260  100.0  % 4,429,284  2,214,642  353.78

Thereafter —  —  —  —  % —  —  —

1  12,520  6,260  100.0  % $4,429,284  $2,214,642  $353.78

Vacancy (4) —

Grand Total 12,520

Other Retail

2026 (3) 1  13,465  6,746  2.7  % $812,558  $407,091  $60.35

2027  3  19,225  10,237  3.8  % 12,184,625  6,878,254  633.79

2028  6  33,713  18,343  6.7  % 9,219,261  5,164,105  273.46

2029  2  28,316  14,785  5.6  % 4,202,373  1,876,535  148.41

2030  2  11,970  6,811  2.4  % 7,318,193  4,164,052  611.38

2031  5  47,335  24,141  9.4  % 4,269,161  2,236,510  90.19

2032  1  5,399  2,753  1.1  % 566,129  288,726  104.86

2033  2  4,721  2,412  0.9  % 602,349  307,534  127.59

2034  1  2,133  1,067  0.4  % 120,792  60,396  56.63

2035  2  6,014  2,064  1.2  % 682,596  228,901  113.50

Thereafter 22  333,125  157,056  65.8  % 21,245,338  10,007,927  63.78

47  505,416  246,415  100.0  % $61,223,375  $31,620,031  $121.13

Vacancy (4) 26,682

Grand Total 532,098

Alternative Strategy Portfolio

2026 (3) 1  1,277  320  1.1  % $108,000  $27,054  $84.57

2027  3  8,050  3,279  6.6  % 1,559,793  652,304  193.76

2028  1  1,819  456  1.5  % 221,990  55,608  122.04

2029  1  595  149  0.5  % 112,597  28,205  189.24

2030  —  —  —  —  % —  —  —

2031  1  1,830  458  1.5  % 198,016  49,603  108.21

2032  1  21,706  20,621  17.9  % 7,537,545  7,160,667  347.26

2033  1  69,214  34,606  56.9  % 44,044,099  22,022,051  636.35

2034  1  16,343  15,526  13.5  % 7,269,384  6,905,915  444.80

2035  —  —  —  —  % —  —  —

Thereafter 1  647  162  0.5  % 87,816  21,998  135.73

11  121,481  75,577  100.0  % $61,139,240  $36,923,405  $503.28

Vacancy (4) 57,455

Grand Total 178,936

(1) Tenants may have multiple leases.

(2) Represents in place annualized contractual cash rent allocated by year of expiration.

(3) Includes month to month holdover tenants that expired prior to September 30, 2026.

(4) Includes square footage of leases signed but not yet commenced.

Supplemental Information

42

Third Quarter 2026

SUMMARY OF REAL ESTATE ACQUISITION ACTIVITY

Manhattan Office

Unaudited

(Dollars in Thousands)

Gross Asset Occupancy (%)

Property Submarket Interest Acquired Type of Ownership Net Rentable SF Valuation ($'s) at acquisition 9/30/2026

2001 - 2025 Acquisitions

Jun-01 317 Madison Avenue Grand Central 100.0% Fee Interest 450,000  $ 105,600  95.0 N/A

Sep-01 1250 Broadway Penn Station 49.9 Fee Interest 670,000  126,500  97.7 N/A

May-02 1515 Broadway Times Square 55.0 Fee Interest 1,750,000  483,500  98.0 99.9

Feb-03 220 East 42nd Street Grand Central 100.0 Fee Interest 1,135,000  265,000  91.9 95.1

Mar-03 125 Broad Street Downtown 100.0 Fee Interest 525,000  92,000  100.0 N/A

Oct-03 461 Fifth Avenue Midtown 100.0 Leasehold Interest 200,000  60,900  93.9 83.8

Dec-03 1221 Avenue of the Americas Rockefeller Center 45.0 Fee Interest 2,550,000  1,000,000  98.8 N/A

Mar-04 19 West 44th Street Midtown 35.0 Fee Interest 292,000  67,000  86.0 N/A

Jul-04 750 Third Avenue Grand Central 100.0 Fee Interest 779,000  255,000  100.0 1.2

Jul-04 485 Lexington Avenue Grand Central 30.0 Fee Interest 921,000  225,000  100.0 79.7

Oct-04 625 Madison Avenue Plaza District 100.0 Leasehold Interest 563,000  231,500  68.0 N/A

Feb-05 28 West 44th Street Midtown 100.0 Fee Interest 359,000  105,000  87.0 N/A

Apr-05 1 Madison Avenue Park Avenue South 55.0 Fee Interest 1,177,000  803,000  96.0 N/A

Apr-05 5 Madison Avenue Clock Tower Park Avenue South 100.0 Fee Interest 267,000  115,000  N/A N/A

Jun-05 19 West 44th Street Midtown 65.0 Fee Interest —  91,200  92.2 N/A

Mar-06 521 Fifth Avenue Midtown 100.0 Leasehold Interest 460,000  210,000  97.0 N/A

Jun-06 609 Fifth Avenue Midtown 100.0 Fee Interest 160,000  182,000  98.5 N/A

Dec-06 485 Lexington Avenue Grand Central 70.0 Fee Interest —  578,000  90.5 79.7

Dec-06 800 Third Avenue Grand Central North 43.0 Fee Interest 526,000  285,000  96.9 77.1

Jan-07 Reckson - NYC Portfolio Various 100.0 Fee Interests / Leasehold Interest 5,612,000  3,679,530  98.3 87.5

Apr-07 331 Madison Avenue Grand Central 100.0 Fee Interest 114,900  73,000  97.6 N/A

Apr-07 1745 Broadway Midtown 32.3 Leasehold Interest 674,000  520,000  100.0 N/A

Jun-07 333 West 34th Street Penn Station 100.0 Fee Interest 345,400  183,000  100.0 N/A

Aug-07 1 Madison Avenue Park Avenue South 45.0 Fee Interest 1,177,000  1,000,000  99.8 N/A

Dec-07 388 & 390 Greenwich Street Downtown 50.6 Fee Interest 2,635,000  1,575,000  100.0 N/A

Jan-10 100 Church Street Downtown 100.0 Fee Interest 1,047,500  181,600  41.3 93.7

May-10 600 Lexington Avenue Grand Central North 55.0 Fee Interest 303,515  193,000  93.6 N/A

Aug-10 125 Park Avenue Grand Central 100.0 Fee Interest 604,245  330,000  99.1 94.0

Jan-11 521 Fifth Avenue Midtown 49.9 Leasehold Interest 460,000  245,700  80.7 N/A

Apr-11 1515 Broadway Times Square 45.0 Fee Interest 1,750,000  1,210,000  98.5 99.9

May-11 110 East 42nd Street Grand Central 100.0 Fee Interest 205,000  85,570  72.6 N/A

May-11 280 Park Avenue Park Avenue 49.5 Fee Interest 1,219,158  1,110,000  78.2 98.1

Nov-11 180 Maiden Lane Financial East 49.9 Fee Interest 1,090,000  425,680  97.7 N/A

Nov-11 51 East 42nd Street Grand Central 100.0 Fee Interest 142,000  80,000  95.5 N/A

Feb-12 10 East 53rd Street Plaza District 55.0 Fee Interest 354,300  252,500  91.9 90.7

Jun-12 304 Park Avenue South Midtown South 100.0 Fee Interest 215,000  135,000  95.8 91.9

Sep-12 641 Sixth Avenue Midtown South 100.0 Fee Interest 163,000  90,000  92.1 N/A

Dec-12 315 West 36th Street Times Square South 35.5 Fee Interest 147,619  46,000  99.2 N/A

May-14 388 & 390 Greenwich Street Downtown 49.4 Fee Interest 2,635,000  1,585,000  100.0 N/A

Jul-15 110 Greene Street Soho 90.0 Fee Interest 223,600  255,000  84.0 93.0

Aug-15 30 East 40th Street Grand Central South 60.0 Leasehold Interest 69,446  4,650  100.0 N/A

Aug-15 11 Madison Avenue Park Avenue South 100.0 Fee Interest 2,314,000  2,285,000  71.6 100.0

Dec-15 600 Lexington Avenue Grand Central North 45.0 Fee Interest 303,515  284,000  95.5 N/A

Oct-17 Worldwide Plaza Westside 24.4 Fee Interest 2,048,725  1,725,000  100.0 56.9

May-18 2 Herald Square Herald Square 100.0 Leasehold Interest 369,000  266,000  81.6 34.3

May-19 110 Greene Street Soho 10.0 Fee Interest 223,600  256,500  93.3 93.0

Jul-20 885 Third Avenue Midtown / Plaza District 100.0 Fee / Leasehold Interest 625,300  387,932  94.8 85.6

Oct-20 590 Fifth Avenue Midtown 100.0 Fee Interest 103,300  107,200  90.0 N/A

Jun-22 450 Park Avenue Park Avenue 25.1 Fee Interest 337,000  445,000  79.8 87.7

Sep-22 245 Park Avenue Park Avenue 100.0 Fee Interest 1,782,793  1,960,000  91.8 97.8

Dec-24 10 East 53rd Street Plaza District 45.0 Fee Interest 354,300  236,000  97.6 90.7

Jan-25 500 Park Avenue Park Avenue 100.0 Fee Interest 201,411  130,000  94.5 100.0

Apr-25 100 Park Avenue Grand Central South 49.9 Fee Interest 834,000  360,000  93.1 95.4

Oct-25 800 Third Avenue Grand Central North 39.5 Fee Interest 526,000  205,000  83.8 77.1

43,994,627  $ 27,189,062

2026 Acquisitions

Jan-26 65 East 55th Street (Park Avenue Tower) Plaza District 95.0 Fee Interest 622,000  730,000  94.8 96.6

622,000  $ 730,000

Supplemental Information

43

Third Quarter 2026

SUMMARY OF REAL ESTATE DISPOSITION ACTIVITY

Manhattan Office

Unaudited

(Dollars in Thousands)

Gross Asset Valuation

Property Submarket Interest Sold Type of Ownership Net Rentable SF ($'s) ($'s/SF)

2001 - 2026 Dispositions

Jan-01 633 Third Ave Grand Central North 100.0% Fee Interest 40,623  $ 13,250  $ 326

May-01 1 Park Ave Grand Central South 45.0 Fee Interest 913,000  233,900  256

Jun-01 1412 Broadway Times Square South 100.0 Fee Interest 389,000  90,700  233

Jul-01 110 East 42nd Street Grand Central 100.0 Fee Interest 69,700  14,500  208

Sep-01 1250 Broadway Penn Station 45.0 Fee Interest 670,000  126,500  189

Jun-02 469 Seventh Avenue Penn Station 100.0 Fee Interest 253,000  53,100  210

Mar-03 50 West 23rd Street Chelsea 100.0 Fee Interest 333,000  66,000  198

Jul-03 1370 Broadway Times Square South 100.0 Fee Interest 255,000  58,500  229

Dec-03 321 West 44th Street Times Square 100.0 Fee Interest 203,000  35,000  172

May-04 1 Park Avenue Grand Central South 75.0 Fee Interest 913,000  318,500  349

Oct-04 17 Battery Place North Financial 100.0 Fee Interest 419,000  70,000  167

Nov-04 1466 Broadway Times Square 100.0 Fee Interest 289,000  160,000  554

Apr-05 1414 Avenue of the Americas Plaza District 100.0 Fee Interest 111,000  60,500  545

Aug-05 180 Madison Avenue Grand Central 100.0 Fee Interest 265,000  92,700  350

Jul-06 286 & 290 Madison Avenue Grand Central 100.0 Fee Interest 149,000  63,000  423

Aug-06 1140 Avenue of the Americas Rockefeller Center 100.0 Leasehold Interest 191,000  97,500  510

Dec-06 521 Fifth Avenue Grand Central 50.0 Leasehold Interest 460,000  240,000  522

Mar-07 1 Park Avenue Grand Central South 100.0 Fee Interest 913,000  550,000  602

Mar-07 70 West 36th Street Garment 100.0 Fee Interest 151,000  61,500  407

Jun-07 110 East 42nd Street Grand Central North 100.0 Fee Interest 181,000  111,500  616

Jun-07 125 Broad Street Downtown 100.0 Fee Interest 525,000  273,000  520

Jun-07 5 Madison Clock Tower Park Avenue South 100.0 Fee Interest 267,000  200,000  749

Jul-07 292 Madison Avenue Grand Central South 100.0 Fee Interest 187,000  140,000  749

Jul-07 1372 Broadway Penn Station/Garment 85.0 Fee Interest 508,000  335,000  659

Nov-07 470 Park Avenue South Park Avenue South/Flatiron 100.0 Fee Interest 260,000  157,000  604

Jan-08 440 Ninth Avenue Penn Station 100.0 Fee Interest 339,000  160,000  472

May-08 1250 Broadway Penn Station 100.0 Fee Interest 670,000  310,000  463

Oct-08 1372 Broadway Penn Station/Garment 15.0 Fee Interest 508,000  274,000  539

May-10 1221 Avenue of the Americas Rockefeller Center 45.0 Fee Interest 2,550,000  1,280,000  502

Sep-10 19 West 44th Street Midtown 100.0 Fee Interest 292,000  123,150  422

May-11 28 West 44th Street Midtown 100.0 Fee Interest 359,000  161,000  448

Aug-13 333 West 34th Street Penn Station 100.0 Fee Interest 345,400  220,250  638

May-14 673 First Avenue Grand Central South 100.0 Leasehold Interest 422,000  145,000  344

Sep-15 120 West 45th Street Midtown 100.0 Fee Interest 440,000  365,000  830

Sep-15 315 West 36th Street Times Square South 100.0 Fee Interest 148,000  115,000  777

Jun-16 388 & 390 Greenwich Street Downtown 100.0 Fee Interest 2,635,000  2,000,000  759

Aug-16 11 Madison Avenue Park Avenue South 40.0 Fee Interest 2,314,000  2,600,000  1,124

Nov-17 1515 Broadway Times Square 30.0 Fee Interest 1,750,000  1,950,000  1,114

Jan-18 600 Lexington Avenue Grand Central North 100.0 Fee Interest 303,515  305,000  1,005

Feb-18 1515 Broadway Times Square 13.0 Fee Interest 1,750,000  1,950,000  1,114

May-18 1745 Broadway Midtown 56.9 Leasehold Interest 674,000  633,000  939

Nov-18 3 Columbus Circle Columbus Circle 48.9 Fee Interest 530,981  851,000  1,603

Nov-18 2 Herald Square Herald Square 49.0 Leasehold Interest 369,000  265,000  718

May-19 521 Fifth Avenue Grand Central 50.5 Fee Interest 460,000  381,000  828

Dec-20 30 East 40th Street Grand Central South 60.0 Leasehold Interest 69,446  5,200  75

Mar-21 55 West 46th Street - Tower 46 Midtown 25.0 Fee Interest 347,000  275,000  793

Jun-21 635 - 641 Sixth Avenue Midtown South 100.0 Fee Interest 267,000  325,000  1,217

Jul-21 220 East 42nd Street Grand Central 49.0 Fee Interest 1,135,000  783,500  690

Oct-21 590 Fifth Avenue Midtown 100.0 Fee Interest 103,300  103,000  997

Dec-21 110 East 42nd Street Grand Central 100.0 Fee Interest 215,400  117,075  544

Jun-23 245 Park Avenue Park Avenue 49.9 Fee Interest 1,782,793  1,995,000  1,119

Nov-24 One Vanderbilt Avenue Grand Central 11.0 Fee Interest 1,657,198  4,700,000  2,836

Sep-25 One Vanderbilt Avenue Grand Central 5.0 Fee Interest 1,657,198  4,700,000  2,836

Dec-25 100 Park Avenue Grand Central South 49.0 Fee Interest 834,000  425,000  510

33,843,554  $ 31,138,825  $ 920

2026 Dispositions

Aug-26 10 East 53rd Street Plaza District 100.0 Fee Interest 354,300  $ 310,000  $ 875

354,300  $ 310,000  $ 875

Supplemental Information

44

Third Quarter 2026

SUMMARY OF REAL ESTATE ACQUISITION ACTIVITY

Retail, Residential, Development / Redevelopment and Land

Unaudited

(Dollars in Thousands)

Interest Gross Asset Occupancy (%)

Property Type of Property Submarket  Acquired Type of Ownership Net Rentable SF Valuation ($'s) at acquisition 9/30/2026

2005 - 2025 Acquisitions

Jul-05 1551-1555 Broadway Retail Times Square 10.0% Fee Interest 25,600  $ 85,000  N/A N/A

Jul-05 21 West 34th Street Retail Herald Square 50.0 Fee Interest 30,100  17,500  N/A N/A

Sep-05 141 Fifth Avenue Retail Flatiron 50.0 Fee Interest 21,500  13,250  N/A N/A

Nov-05 1604 Broadway Retail Times Square 63.0 Leasehold Interest 29,876  4,400  17.2 N/A

Dec-05 379 West Broadway Retail Cast Iron/Soho 45.0 Leasehold Interest 62,006  19,750  100.0 N/A

Jan-06 25-29 West 34th Street Retail Herald Square/Penn Station 50.0 Fee Interest 41,000  30,000  55.8 N/A

Sep-06 717 Fifth Avenue Retail Midtown/Plaza District 32.8 Fee Interest 119,550  251,900  63.1 N/A

Aug-07 180 Broadway Development Lower Manhattan 50.0 Fee Interest 24,300  13,600  85.2 N/A

Apr-07 Two Herald Square Land Herald Square 55.0 Fee Interest N/A 225,000  N/A N/A

Jul-07 885 Third Avenue Land Midtown / Plaza District 55.0 Fee Interest N/A 317,000  N/A N/A

Feb-08 182 Broadway Development Lower Manhattan 50.0 Fee Interest 46,280  30,000  83.8 N/A

Nov-10 Williamsburg Terrace Retail Brooklyn, New York 100.0 Fee Interest 52,000  18,000  100.0 N/A

Dec-10 11 West 34th Street Retail Herald Square/Penn Station 30.0 Fee Interest 17,150  10,800  100.0 N/A

Dec-10 Two Herald Square Land Herald Square 45.0 Fee Interest 354,400  247,500  N/A N/A

Dec-10 885 Third Avenue Land Midtown / Plaza District 45.0 Fee Interest 607,000  352,000  N/A N/A

Dec-10 292 Madison Avenue Land Grand Central South 100.0 Fee Interest 203,800  78,300  N/A N/A

Jan-11 3 Columbus Circle Redevelopment Columbus Circle 48.9 Fee Interest 741,500  500,000  20.1 N/A

Aug-11 1552-1560 Broadway Retail Times Square 50.0 Fee Interest 35,897  136,550  59.7 N/A

Sep-11 747 Madison Avenue Retail Plaza District 33.3 Fee Interest 10,000  66,250  100.0 N/A

Jan-12 DFR Residential and Retail Portfolio Residential Plaza District, Upper East Side 80.0 Fee Interests / Leasehold Interest 489,882  193,000  95.1 N/A

Jan-12 724 Fifth Avenue Retail Plaza District 50.0 Fee Interest 65,010  223,000  92.9 N/A

Jul-12 West Coast Office Portfolio West Coast 27.6 Fee Interest 4,473,603  880,104  76.3 N/A

Aug-12 33 Beekman Street Development Downtown 45.9 Fee Interest 163,500  31,160  — N/A

Sep-12 635 Sixth Avenue Redevelopment Midtown South 100.0 Fee Interest 104,000  83,000  — N/A

Oct-12 1080 Amsterdam Redevelopment Upper West Side 87.5 Leasehold Interest 82,250  —  2.2 N/A

Dec-12 21 East 66th Street Retail Plaza District 32.3 Fee Interest 16,736  75,000  100.0 N/A

Dec-12 985-987 Third Avenue Redevelopment Upper East Side 100.0 Fee Interest 13,678  18,000  — N/A

Dec-12 131-137 Spring Street Retail Soho 100.0 Fee Interest 68,342  122,300  100.0 N/A

Mar-13 248-252 Bedford Avenue Residential Brooklyn, New York 90.0 Fee Interest 66,611  54,900  — N/A

Nov-13 650 Fifth Avenue Retail Plaza District 50.0 Leasehold Interest 32,324  —  63.6 100.0

Nov-13 315 West 33rd Street - The Olivia Retail / Residential Penn Station 100.0 Fee Interest 492,987  386,775  96.6 N/A

Nov-13 562, 570 & 574 Fifth Avenue Redevelopment Plaza District 100.0 Fee Interest 66,962  146,222  74.6 N/A

Jul-14 719 Seventh Avenue Retail Times Square 75.0 Fee Interest 6,000  41,149  100.0 N/A

Jul-14 115 Spring Street Retail Soho 100.0 Fee Interest 5,218  52,000  100.0 100.0

Jul-14 752-760 Madison Avenue Retail Plaza District 100.0 Fee Interest 21,124  282,415  100.0 N/A

Sep-14 121 Greene Street Retail Soho 50.0 Fee Interest 7,131  27,400  100.0 N/A

Sep-14 635 Madison Avenue Land Plaza District 100.0 Fee Interest 176,530  145,000  N/A N/A

Oct-14 102 Greene Street Retail Soho 100.0 Fee Interest 9,200  32,250  100.0 N/A

Oct-14 175-225 Third Street Redevelopment Brooklyn, New York 95.0 Fee Interest —  72,500  — N/A

Nov-14 55 West 46th Street - Tower 46 Redevelopment Midtown 100.0 Fee Interest 347,000  295,000  — N/A

Feb-15 Stonehenge Portfolio Residential Various Various Fee Interest 2,589,184  40,000  96.5 N/A

Mar-15 1640 Flatbush Avenue Redevelopment Brooklyn, New York 100.0 Fee Interest 1,000  6,799  100.0 N/A

Jun-15 Upper East Side Residential Residential Upper East Side Residential 90.0 Fee Interest 27,000  50,074  96.4 N/A

Aug-15 187 Broadway & 5-7 Dey Street Retail Lower Manhattan 100.0 Fee Interest 73,600  63,690  90.5 N/A

Mar-16 183 Broadway Retail Lower Manhattan 100.0 Fee Interest 9,100  28,500  58.3 N/A

Apr-16 605 West 42nd Street - Sky Residential Midtown West 20.0 Fee Interest 927,358  759,046  — N/A

Jul-18 1231 Third Avenue Residential Upper East Side 100.0 Fee Interest 38,992  55,355  100.0 N/A

Oct-18 133 Greene Street Retail Soho 100.0 Fee Interest 6,425  30,999  100.0 N/A

Dec-18 712 Madison Avenue Retail Plaza District 100.0 Fee Interest 6,600  57,996  100.0 N/A

Apr-19 106 Spring Street Redevelopment Soho 100.0 Fee Interest 5,928  80,150  — N/A

May-19 410 Tenth Avenue Redevelopment Hudson Yards 70.9 Fee Interest 638,000  440,000  76.3 N/A

Jan-20 762 Madison Avenue Redevelopment Plaza District 10.0 Fee Interest 6,109  29,250  55.1 N/A

Jan-20 707 Eleventh Avenue Redevelopment Midtown West 100.0 Fee Interest 159,720  90,000  54.3 N/A

Jan-20 126 Nassau Street Development Lower Manhattan 100.0 Leasehold Interest 98,412  —  87.3 N/A

Oct-20 85 Fifth Avenue Retail Midtown South 36.3 Fee Interest 12,946  59,000  100.0 N/A

Sep-21 1591-1597 Broadway Land Times Square 100.0 Fee Interest 7,684  121,000  N/A N/A

Sep-21 690 Madison Avenue Retail Plaza District 100.0 Fee Interest 7,848  72,221  100.0 N/A

Sep-22 5 Times Square Redevelopment Times Square 31.6 Leasehold Interest 1,127,931  1,096,714  22.5 N/A

Sep-23 625 Madison Avenue Land Plaza District 90.4 Fee Interest 563,000  620,245  N/A N/A

Jan-24 2 Herald Square Redevelopment Herald Square 44.0 Leasehold Interest 369,000  120,000  43.9 34.3

Mar-24 719 Seventh Avenue Retail Times Square 25.0 Fee Interest 10,040  76,500  0.0 N/A

Oct-25 346 Madison Avenue Development Grand Central 100.0 Fee Interest 275,138  160,000  40.4 0.0

16,091,062  $ 9,635,514

2026 Acquisitions

Mar-26 610 Park Avenue Retail Plaza District 100.0 Fee Interest 17,765  $ 18,500  100.0 100.0

17,765  $ 18,500

Supplemental Information

45

Third Quarter 2026

SUMMARY OF REAL ESTATE DISPOSITION ACTIVITY

Retail, Residential, Development / Redevelopment, Land and Alternative Strategy Portfolio

Unaudited

(Dollars in Thousands)

Interest Gross Asset Valuation

Property Type of Property Submarket Sold Type of Ownership Net Rentable SF ($'s) ($'s/SF)

2011 - 2025 Dispositions

Sep-11 1551-1555 Broadway Retail Times Square 10.0% Fee Interest 25,600  $ 276,757  $ 10,811

Feb-12 141 Fifth Avenue Retail Flatiron 100.0 Fee Interest 13,000  46,000  3,538

Feb-12 292 Madison Avenue Land Grand Central South 100.0 Fee Interest 203,800  85,000  417

Apr-12 379 West Broadway Retail Cast Iron/Soho 100.0 Leasehold Interest 62,006  48,500  782

Jun-12 717 Fifth Avenue Retail Midtown/Plaza District 50.0 Fee Interest 119,550  617,584  5,166

Sep-12 3 Columbus Circle Redevelopment Columbus Circle 29.0 Fee Interest 214,372  143,600  670

Feb-13 44 West 55th Street Retail Plaza District 100.0 Fee Interest 8,557  6,250  730

Jun-13 West Coast Office Portfolio West Coast Los Angeles, California 100.0 Fee Interest 406,740  111,925  275

Aug-13 West Coast Office Portfolio West Coast Fountain Valley, California 100.0 Fee Interest 302,037  66,994  222

Sep-13 West Coast Office Portfolio West Coast San Diego, California 100.0 Fee Interest 110,511  45,400  411

Dec-13 27-29 West 34th Street Retail Herald Square/Penn Station 100.0 Fee Interest 15,600  70,052  4,491

Jan-14 21-25 West 34th Street Retail Herald Square/Penn Station 100.0 Fee Interest 30,100  114,948  3,819

Mar-14 West Coast Office Portfolio West Coast 100.0 Fee Interest 3,654,315  756,000  207

May-14 747 Madison Avenue Retail Plaza District 100.0 Fee Interest 10,000  160,000  16,000

Jul-14 985-987 Third Avenue Redevelopment Upper East Side 100.0 Fee Interest 13,678  68,700  5,023

Sep-14 180-182 Broadway Redevelopment Lower Manhattan 100.0 Fee Interest 156,086  222,500  1,425

Nov-14 2 Herald Square Land Herald Square/Penn Station 100.0 Fee Interest 354,400  365,000  1,030

Nov-14 55 West 46th Street - Tower 46 Redevelopment Midtown 75.0 Fee Interest 347,000  295,000  850

Jan-15 180 Maiden Lane Redevelopment Financial East 100.0 Fee Interest 1,090,000  470,000  431

Aug-15 131-137 Spring Street Retail Soho 80.0 Fee Interest 68,342  277,750  4,064

Dec-15 570 & 574 Fifth Avenue Redevelopment Plaza District 100.0 Fee Interest 24,327  125,400  5,155

Feb-16 248-252 Bedford Avenue Residential Brooklyn, New York 90.0 Fee Interest 66,611  55,000  826

Feb-16 885 Third Avenue Land Midtown / Plaza District 100.0 Fee Interest 607,000  453,000  746

May-16 33 Beekman Street Redevelopment Downtown 100.0 Fee Interest 163,500  196,000  1,199

Oct-16 400 East 57th Street Residential Upper East Side 49.0 Fee Interest 290,482  170,000  585

Apr-17 102 Greene Street Retail Soho 90.0 Fee Interest 9,200  43,500  4,728

Sep-17 102 Greene Street Retail Soho 10.0 Fee Interest 9,200  43,500  4,728

Apr-18 175-225 Third Street Redevelopment Brooklyn, New York 95.0 Fee Interest —  115,000  —

Jun-18 635 Madison Avenue Land Plaza District 100.0 Fee Interest 176,530  153,000  867

Jul-18 724 Fifth Avenue Retail Plaza District 50.0 Fee Interest 65,010  365,000  5,615

Oct-18 72nd Street Assemblage & 1231 Third Avenue Residential Upper East Side Various Fee Interest —  143,800  —

Jan-19 131-137 Spring Street Retail Soho 20.0 Fee Interest 68,342  216,000  3,161

Aug-19 115 Spring Street Retail Soho 49.0 Fee Interest 5,218  66,050  12,658

Dec-19 562 Fifth Avenue Redevelopment Plaza District 100.0 Fee Interest 42,635  52,393  1,229

Dec-19 1640 Flatbush Avenue Redevelopment Brooklyn, New York 100.0 Fee Interest 1,000  16,150  16,150

Mar-20 315 West 33rd Street - The Olivia Retail / Residential Penn Station 100.0 Fee Interest 492,987  446,500  906

May-20 609 Fifth Avenue - Retail Condominium Retail Rockefeller Center 100.0 Fee Interest 21,437  168,000  7,837

Sep-20 400 East 58th Street Residential Upper East Side 90.0 Fee Interest 140,000  62,000  443

Dec-20 410 Tenth Avenue Redevelopment Hudson Yards 70.9 Fee Interest 638,000  952,500  1,493

Dec-20 Williamsburg Terrace Retail Brooklyn, New York 100.0 Fee Interest 52,000  32,000  615

Jan-21 712 Madison Avenue Retail Plaza District 100.0 Fee Interest 6,600  43,000  6,515

Feb-21 133 Greene Street Retail Soho 100.0 Fee Interest 6,425  15,796  2,459

Mar-21 106 Spring Street Redevelopment Soho 100.0 Fee Interest 5,928  34,024  5,740

Jun-21 605 West 42nd Street - Sky Residential Westside 20.0 Fee Interest 927,358  858,100  925

Sep-21 400 East 57th Street Residential Upper East Side 41.0 Fee Interest 290,482  133,500  460

Feb-22 707 Eleventh Avenue Redevelopment Midtown West 100.0 Fee Interest 159,720  95,000  595

Apr-22 1080 Amsterdam Residential Upper West Side 92.5 Leasehold Interest 82,250  42,650  519

May-22 1591-1597 Broadway Land Times Square 100.0 Fee Interest 7,684  121,000  15,747

Jun-22 609 Fifth Avenue Redevelopment Rockefeller Center 100.0 Fee Interest 138,563  100,500  725

Dec-22 885 Third Avenue - Condominium Redevelopment Midtown / Plaza District 100.0 Fee / Leasehold Interest 414,317  300,400  725

Feb-23 121 Greene Street Retail Soho 50.0 Fee Interest 7,131  14,000  1,963

Dec-23 21 East 66th Street Retail Plaza District 32.3 Fee Interest 13,069  40,575  3,105

Jan-24 717 Fifth Avenue Retail Midtown / Plaza District 10.9 Fee Interest 119,550  963,000  8,055

May-24 625 Madison Avenue Redevelopment Plaza District 90.4 Fee Interest 563,000  634,600  1,127

Jun-24 719 Seventh Avenue Retail Times Square 100.0 Fee Interest 10,040  30,500  3,038

Oct-24 5 Times Square Redevelopment Times Square 31.6 Leasehold Interest 1,127,931  1,165,587  1,033

Apr-25 85 Fifth Avenue Retail Midtown South 36.3 Fee Interest 12,946  46,800  3,615

13,972,167  $ 12,761,785  $ 913

2026 Dispositions

Feb-26 690 Madison Avenue Retail Plaza District 90.0 Fee Interest 7,848  $ 54,500  $ 6,944

May-26 7 Dey Street & 185 Broadway - Residential and Retail Condominium Retail / Residential Lower Manhattan 100.0 Fee Interest 199,521  220,500  1,105

May-26 346 Madison Avenue Redevelopment Grand Central 49.0 Fee Interest 275,138  175,000  636

482,507  $ 450,000  $ 933

Supplemental Information

46

Third Quarter 2026

SUMMARY OF REAL ESTATE ACQUISITION/DISPOSITION ACTIVITY

Suburban

Unaudited

(Dollars in Thousands)

Gross Asset Occupancy (%)

Property Submarket Interest Acquired Type of Ownership Net Rentable SF Valuation ($'s) at acquisition 9/30/2026

2007 - 2026 Acquisitions

Jan-07 300 Main Street Stamford, Connecticut 100.0% Fee Interest 130,000  $ 15,000  92.5 N/A

Jan-07 399 Knollwood Road White Plains, New York 100.0 Fee Interest 145,000  31,600  96.6 N/A

Jan-07 Reckson - Connecticut Portfolio Stamford, Connecticut 100.0 Fee Interests / Leasehold Interest 1,369,800  490,750  88.9 66.9

Jan-07 Reckson - Westchester Portfolio Westchester 100.0 Fee Interests / Leasehold Interest 2,346,100  570,190  90.6 N/A

Apr-07 Jericho Plaza Jericho, New York 20.3 Fee Interest 640,000  210,000  98.4 N/A

Jun-07 1010 Washington Boulevard Stamford, Connecticut 100.0 Fee Interest 143,400  38,000  95.6 N/A

Jun-07 500 West Putnam Avenue Greenwich, Connecticut 100.0 Fee Interest 121,500  56,000  94.4 N/A

Jul-07 16 Court Street Brooklyn, New York 35.0 Fee Interest 317,600  107,500  80.6 N/A

Aug-07 150 Grand Street White Plains, New York 100.0 Fee Interest 85,000  6,700  52.9 N/A

Sep-07 The Meadows Rutherford, New Jersey 25.0 Fee Interest 582,100  111,500  81.3 N/A

Jan-08 125 Chubb Way Lyndhurst, New Jersey 100.0 Fee Interest 278,000  29,364  — N/A

Dec-10 7 Renaissance Square White Plains, New York 50.0 Fee Interest 65,641  4,000  — N/A

Apr-13 16 Court Street Brooklyn, New York 49.0 Fee Interest 317,600  96,200  84.9 N/A

6,541,741  $ 1,766,804

Gross Asset

Property Submarket Interest Sold Type of Ownership Net Rentable SF Valuation ($'s) Price ($'s/SF)

2008 - 2026 Dispositions

Oct-08 100 & 120 White Plains Road Tarrytown, New York 100.0 Fee Interest 211,000  $ 48,000  $ 227

Jan-09 55 Corporate Drive Bridgewater, New Jersey 100.0 Fee Interest 670,000  230,000  343

Aug-09 399 Knollwood Road White Plains, New York 100.0 Fee Interest 145,000  20,767  143

Jul-12 One Court Square Long Island City, New York 100.0 Fee Interest 1,402,000  481,100  343

Sep-13 300 Main Street Stamford, Connecticut 100.0 Fee Interest 130,000  13,500  104

Aug-15 The Meadows Rutherford, New Jersey 100.0 Fee Interest 582,100  121,100  208

Dec-15 140 Grand Street White Plains, New York 100.0 Fee Interest 130,100  22,400  172

Dec-15 150 Grand Street White Plains, New York 100.0 Fee Interest 85,000  9,600  113

Mar-16 7 Renaissance Square White Plains, New York 100.0 Fee Interest 65,641  21,000  320

Jul-16 500 West Putnam Avenue Greenwich, Connecticut 100.0 Fee Interest 121,500  41,000  337

Apr-17 520 White Plains Road Tarrytown, New York 100.0 Fee Interest 180,000  21,000  117

Jul-17 680 Washington Avenue Stamford, Connecticut 51.0 Fee Interest 133,000  42,011  316

Jul-17 750 Washington Avenue Stamford, Connecticut 51.0 Fee Interest 192,000  53,745  280

Oct-17 16 Court Street Brooklyn, New York 100.0 Fee Interest 317,600  171,000  538

Oct-17 125 Chubb Way Lyndhurst, New Jersey 100.0 Fee Interest 278,000  29,500  106

May-18 115-117 Stevens Avenue Valhalla, New York 100.0 Fee Interest 178,000  12,000  67

Jun-18 Jericho Plaza Jericho, New York 11.7 Fee Interest 640,000  117,400  183

Jul-18 1-6 International Drive Rye Brook, New York 100.0 Fee Interest 540,000  55,000  102

Nov-19 1010 Washington Boulevard Stamford, Connecticut 100.0 Fee Interest 143,400  23,100  161

Dec-19 100 Summit Lake Drive Valhalla, New York 100.0 Fee Interest 250,000  41,580  166

Dec-19 200 Summit Lake Drive Valhalla, New York 100.0 Fee Interest 245,000  37,943  155

Dec-19 500 Summit Lake Drive Valhalla, New York 100.0 Fee Interest 228,000  34,185  150

Dec-19 360 Hamilton Avenue White Plains, New York 100.0 Fee Interest 384,000  115,452  301

Dec-20 1055 Washington Boulevard Stamford, Connecticut 100.0 Leasehold Interest 182,000  23,750  130

Jul-24 Palisades Premier Conference Center Orangetown, New York 100.0 Fee Interest 450,000  26,250  58

7,883,341  $ 1,812,383  $ 230

Supplemental Information

47

Third Quarter 2026

Non-GAAP Disclosures and Reconciliations

Unaudited

(Dollars in Thousands, except per share data)

Funds Available for Distribution (FAD)

FAD is a non-GAAP financial measure that is calculated as FFO plus non-real estate depreciation, allowance for straight line credit loss, adjustment for straight line operating lease rent, non-cash deferred compensation, and pro-rata adjustments for these items from the Company's unconsolidated JVs, less straight line rental income, free rent net of amortization, second generation tenant improvement and leasing costs, and recurring capital expenditures.

FAD is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined in accordance with GAAP. FAD is presented solely as a supplemental disclosure with respect to liquidity. Because all companies do not calculate FAD the same way, the presentation of FAD may not be comparable to similarly titled measures of other companies. FAD does not represent cash flow from operating, investing and finance activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.

Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDAre)

EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by Nareit, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the Nareit definition, or that interpret the Nareit definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of Nareit in September 2017 defines EBITDAre as net income (loss) (computed in accordance with GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures.

The Company presents EBITDAre because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company’s ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity.

Net Operating Income (NOI) and Cash NOI

NOI is a non-GAAP financial measure that is calculated as operating income before transaction related costs, gains/losses on early extinguishment of debt, marketing general and administrative expenses and non-real estate revenue. Cash NOI is also a non-GAAP financial measure that is calculated by subtracting free rent (net of amortization), straight-line rent, and the amortization of acquired above and below-market leases from NOI, while adding operating lease straight-line adjustment and the allowance for straight-line tenant credit loss.

The Company presents NOI and Cash NOI because the Company believes that these measures, when taken together with the corresponding GAAP financial measures and reconciliations, provide investors with meaningful information regarding the operating performance of properties. When operating performance is compared across multiple periods, the investor is provided with information not immediately apparent from net income that is determined in accordance with GAAP. NOI and Cash NOI provide information on trends in the revenue generated and expenses incurred in operating the Company's properties, unaffected by the cost of leverage, straight-line adjustments, depreciation, amortization, and other net income components. The Company uses these metrics internally as performance measures. None of these measures is an alternative to net income (determined in accordance with GAAP) and same-store performance should not be considered an alternative to GAAP net income performance.

Coverage Ratios

The Company presents fixed charge and debt service coverage ratios to provide a measure of the Company’s financial flexibility to service current debt amortization, interest expense and operating lease rent from current cash net operating income. These coverage ratios represent a common measure of the Company’s ability to service fixed cash payments; however, these ratios are not used as an alternative to cash flow from operating, financing and investing activities (determined in accordance with GAAP).

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

Supplemental Information

48

Third Quarter 2026

Non-GAAP Disclosures and Reconciliations

Unaudited

(Dollars in Thousands, except per share data)

Funds From Operations (FFO) Reconciliation

Three Months Ended Nine Months Ended

September 30, September 30,

2026 2025 2026 2025

Net income (loss) attributable to SL Green common stockholders $ 72,192  $ 24,874  $ (38,702) $ (7,293)

Add:

Depreciation and amortization 63,629  63,216  200,659  187,874

SLG's share of unconsolidated joint ventures depreciation and amortization 72,964  127,170  217,701  247,874

Net income (loss) attributable to noncontrolling interests 11,485  4,395  22,158  (3,582)

Less:

Equity in net (loss) gain on sale of interest in unconsolidated joint venture/real estate —  86,872  (814) 84,926

Purchase price and other fair value adjustments 477  9,652  7,953  (5,291)

Gain (loss) on sale of real estate, net 91,445  (1,068) 103,902  (1,717)

Depreciable real estate reserves (2,275) —  (37,435) (8,546)

Depreciable real estate reserves in unconsolidated joint venture —  —  —  (1,780)

Depreciation on non-rental real estate assets 1,478  1,628  4,483  4,312

Noncontrolling interests in consolidated joint ventures 7,071  2,186  27,451  1,526

FFO attributable to SL Green common stockholders and unit holders $ 122,074  $ 120,385  $ 296,276  $ 351,443

Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre)

For the three months ended

9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025

Net Income (loss) $ 89,671  $ (10,891) $ (77,398) $ (103,720) $ 35,161

Depreciable real estate reserves 2,275  —  35,160  23,546  —

Depreciable real estate reserves in unconsolidated joint venture —  —  —  12,812  —

(Gain) loss on sale of real estate, net (91,445) 4,179  (16,636) 426  1,068

Purchase price and other fair value adjustments (4,261) (5,662) (4,183) 28,143  (11,138)

Equity in net (gain) loss on sale of interest in unconsolidated joint venture/real estate —  —  814  (1,142) (86,872)

Gain on sale of marketable securities —  —  —  —  —

Depreciation and amortization 63,629  67,279  69,751  67,839  63,216

Income taxes (1,757) 1,693  (1,045) 2,305  137

SUMMIT Operator tax expense 616  1,223  585  478  1,279

Amortization of deferred financing costs 2,480  2,156  2,802  1,901  1,724

Interest expense, net of interest income 50,026  54,011  50,909  49,422  47,235

Adjustments to reflect the entity’s share of EBITDAre of unconsolidated affiliates 114,465  117,139  141,731  139,218  200,085

EBITDAre $ 225,699  $ 231,127  $ 202,490  $ 221,228  $ 251,895

Supplemental Information

49

Third Quarter 2026

Non-GAAP Disclosures and Reconciliations

Unaudited

(Dollars in Thousands, except per share data)

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Three Months Ended Nine Months Ended

Operating income and Same-store NOI Reconciliation

September 30, September 30,

2026 2025 2026 2025

Net income $ 89,671  $ 35,161  $ 1,382  $ 6,799

Depreciable real estate reserves 2,275  —  37,435  8,546

Depreciable real estate reserves in unconsolidated joint venture —  —  —  1,780

(Gain) Loss on sale of real estate, net (91,445) 1,068  (103,902) 1,717

Purchase price and other fair value adjustments (4,261) (11,138) (14,106) 8,090

Equity in net (gain) loss on sale of interest in unconsolidated joint venture/real estate —  (86,872) 814  (84,926)

Gain on sale of marketable securities —  —  —  (10,232)

Depreciation and amortization 63,629  63,216  200,659  187,874

SUMMIT Operator tax expense 616  1,279  2,424  2,781

Amortization of deferred financing costs 2,480  1,724  7,438  5,153

Interest expense, net of interest income 50,026  47,235  154,946  138,234

Interest expense on senior obligations of consolidated securitization vehicles 14,687  10,838  44,079  45,827

Operating Income 127,678  62,511  331,169  311,643

Equity in net (income) loss from unconsolidated joint ventures (26,692) 9,287  (20,860) 29,112

Income from debt fund investments, net (2,166) (1,176) (10,634) (1,776)

Marketing, general and administrative expense 23,253  23,701  68,820  67,004

Transaction related costs 228  13,129  529  13,601

Loan loss and other investment reserves, net of recoveries —  —  —  (71,326)

SUMMIT Operator expenses 42,936  35,959  93,398  82,570

Gain on early extinguishment of debt —  —  —  —

Investment income (2,615) (4,356) (7,618) (26,809)

Interest income from real estate loans held by consolidated securitization vehicles (14,687) (10,838) (44,079) (47,868)

SUMMIT Operator revenue (34,655) (32,883) (90,306) (86,424)

Non-building revenue (26,955) (20,271) (59,524) (40,406)

Net operating income (NOI) 86,325  75,063  260,895  229,321

Equity in net income (loss) from unconsolidated joint ventures 26,692  (9,287) 20,860  (29,112)

SLG's share of unconsolidated JV depreciation and amortization 68,880  66,616  207,074  194,844

SLG's share of unconsolidated JV amortization of deferred financing costs 4,101  3,558  12,519  9,856

SLG's share of unconsolidated JV interest expense, net of interest income 74,059  67,628  216,017  194,883

SLG share of unconsolidated JV transaction related costs —  —  —  —

SLG's share of unconsolidated JV gain on early extinguishment of debt —  (57,187) 4,796  (57,187)

SLG's share of unconsolidated JV investment income (554) (3,963) (1,759) (13,940)

SLG's share of unconsolidated JV loan loss and other investment reserves, net of recoveries —  —  —  14,531

SLG's share of unconsolidated JV non-building revenue (2,153) (1,645) (5,599) (5,219)

NOI including SLG share of unconsolidated JVs 257,350  140,783  714,803  537,977

NOI from other properties/affiliates (73,925) 30,394  (185,804) (36,758)

Same-Store NOI 183,425  171,177  528,999  501,219

Straight-line and free rent (3,462) 693  (10,052) 1,844

Amortization of acquired above and below-market leases, net 266  146  1,082  389

Operating lease straight-line adjustment 1,532  204  1,893  611

SLG's share of unconsolidated JV straight-line and free rent (14,003) (10,396) (32,949) (33,788)

SLG's share of unconsolidated JV amortization of acquired above and below-market leases, net (6,718) (6,268) (20,394) (18,498)

SLG share of unconsolidated JV operating lease straight-line adjustment —  —  —  —

Same-store cash NOI $ 161,040  $ 155,556  $ 468,579  $ 451,777

Lease termination income (387) (270) (1,128) (4,875)

SLG's share of unconsolidated JV lease termination income (1,001) (3,189) (7,333) (5,421)

Same-store cash NOI excluding lease termination income $ 159,652  $ 152,097  $ 460,118  $ 441,481

Supplemental Information

50

Third Quarter 2026

RESEARCH ANALYST COVERAGE

EQUITY COVERAGE

Firm Analyst Phone Email

B of A Securities Jana Galan (646) 855-5042 jana.galan@bofa.com

Barclays Brendan Lynch (212) 526-9428 brendan.lynch@barclays.com

BMO Capital Markets Corp. John P. Kim (212) 885-4115 JohnP.Kim@bmo.com

BTIG Thomas Catherwood (212) 738-6140 tcatherwood@btig.com

Citi Seth Bergey (212) 816-2066 seth.bergey@citi.com

Deutsche Bank Peter Abramowitz (212) 250-9504 peter.abramowitz@db.com

Evercore ISI Steve Sakwa (212) 446-9462 steve.sakwa@evercoreisi.com

Goldman Sachs & Co. Caitlin Burrows (212) 902-4736 caitlin.burrows@gs.com

JP Morgan Securities Anthony Paolone (212) 622-6682 anthony.paolone@jpmorgan.com

Mizuho Securities USA Vikram Malhotra (212) 282-3827 vikram.malhotra@mizuhogroup.com

Morgan Stanley & Co. Ronald Kamdem (212) 296-8319 ronald.kamdem@morganstanley.com

Piper Sandler Alexander Goldfarb (212) 466-7937 alexander.goldfarb@psc.com

Scotiabank Nicholas Yulico (212) 225-6904 nicholas.yulico@scotiabank.com

Truist Securities Michael Lewis (212) 319-5659 michael.r.lewis@truist.com

Wells Fargo Blaine Heck (443) 263-6529 blaine.heck@wellsfargo.com

SL Green Realty Corp. is covered by the research analysts listed above. Please note that any opinions, estimates or forecasts regarding SL Green Realty Corp.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of SL Green Realty Corp. or its management. SL Green Realty Corp. does not, by its reference above or distribution, imply its endorsement of or concurrence with such information, conclusions or recommendations.

Supplemental Information

51

Third Quarter 2026

EXECUTIVE MANAGEMENT

Marc Holliday Edward V. Piccinich

Chairman and Chief Executive Officer

Chief Operating Officer

Harrison Sitomer Neil H. Kessner

President and Chief Investment Officer Executive Vice President, General

Counsel - Real Property

Matthew J. DiLiberto

Chief Financial Officer

Maggie Hui

Chief Accounting Officer

Andrew S. Levine

Chief Legal Officer - General Counsel, EVP Robert Schiffer

Executive Vice President, Development

Steven M. Durels

Executive Vice President, Director of

Leasing and Real Property

Supplemental Information

52

Third Quarter 2026

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