SL Green Realty Corp. (NYSE: SLG) is a publicly traded real estate investment trust (REIT) focused primarily on the acquisition, management and development of commercial office properties in Manhattan. As one of New York City’s largest office landlords, the company’s portfolio includes Class A office buildings and mixed-use projects located in prime Midtown and Downtown submarkets. SL Green generates revenue through leasing office space to a diverse mix of tenants spanning financial services, technology, media and professional services firms.
Founded in 1980 by real estate investor Stephen L. Green, the company converted to a REIT in 1997 to take advantage of tax benefits and enhance its capital-raising capabilities. Over the decades, SL Green has grown its footprint through strategic property acquisitions, ground-up developments and joint ventures with institutional partners. The firm has demonstrated an ability to navigate market cycles in Manhattan, repositioning assets and capitalizing on redevelopment opportunities to drive occupancy gains and rental growth.
In addition to property ownership and leasing, SL Green provides comprehensive asset management and property management services, including tenant relations, building operations and capital improvements. The company has been active in sustainable building initiatives, pursuing green certifications and energy efficiency upgrades in an effort to reduce operating costs and meet tenant demand for environmentally responsible workspaces. Its development pipeline has included high-profile projects such as the redevelopment of 1515 Broadway and the expansion of One Madison Avenue.
SL Green is led by Chief Executive Officer Marc Holliday, who has overseen the company’s strategic evolution and growth since 1995. Under his leadership, the firm has focused on strengthening its balance sheet, optimizing its portfolio mix and pursuing value-enhancing transactions. Headquartered in New York City, SL Green continues to be guided by a board of directors with extensive experience in real estate investment, finance and development, positioning the company to benefit from evolving market dynamics in Manhattan’s office sector.