SLG SL Green Realty Corp

BULLISH Impact: 6/10 PRESS-RELEASE
Horizon months Filed Jun 1, 2026 Processed 15d 20h ago Wire GlobeNewswire
Press release: contract
Latest settled — T+5d
SLG ▲ +6.91% at T+5d
LONG call ✓ call won +6.91% · α vs SPY +9.66% · entry $44.74 → $47.83
Next anchor: T+20d in 13d
Currently $50.83 · +13.61% from $44.74 entry
Entry anchored
Jun 1, 2026
via day open
T+1d
+0.89%
call +0.89% · α +0.75%
$45.14
settled 15d ago
T+5d
+6.91%
call +6.91% · α +9.66%
$47.83
settled 9d ago
T+20d
call — · α —
in 13d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

SL Green Realty Corp. announced the sale of 10 East 53rd Street for $312.2 million to Meadow Partners, generating net cash proceeds of ~$100 million for corporate debt repayment. The transaction is part of SL Green's $2.5 billion 2026 strategic disposition plan and is expected to close in Q3 2026.

Key Financial Metrics

Deal Value
$312.2M

Actionable Insight

The sale demonstrates SL Green's ability to execute on its disposition plan and de-lever, which is credit-positive for the REIT. Monitor for additional asset sales and debt repayment progress in upcoming quarters.

Key Facts

  • Sale price of $312.2 million for 10 East 53rd Street
  • Net cash proceeds of approximately $100 million to SL Green
  • Proceeds to be used for corporate debt repayment
  • Part of SL Green's $2.5 billion 2026 strategic disposition plan
  • Property is 92% leased, 390,000 square feet, 37 stories
  • SL Green acquired full ownership in December 2024 at $236 million gross valuation
  • Transaction expected to close in Q3 2026

Financial Impact

Sale generates $312.2 million in total consideration; net cash proceeds of ~$100 million for debt repayment; part of $2.5 billion disposition plan

debtcash

Risk Factors

  • Transaction subject to customary closing conditions; could be delayed or fall through
  • NYC office market fundamentals remain challenged with elevated vacancy
  • Disposition plan execution depends on market conditions for commercial real estate

Market Snapshot

Exchange
NYSE
Sector
Real Estate Investment Trusts
Analyst Consensus
52% bullish (21 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3304234
9 reports for SLG
Performance horizon
50% Hit rate 2 of 4 directional calls best @ T+60▲ +19.35%Mar 2, 2026
Filters
Rows
Reports for SLG — sortable, filterable
Type Now
Jun 1, 2026
15d ago
Press Release
BULLISH ★ 6/10
$44.74 $47.83▲ +6.91%▲ +9.66%$50.83 (+13.61%)
Apr 28, 2026
7w ago
Press Release
NEUTRAL ★ 3/10
$43.85 $43.74▼ −0.25%▼ −1.94%$50.83 (+15.92%)
Apr 16, 2026
8w ago
8-K
BEARISH ★ 7/10
$20.66 $21.12▼ −2.23%▼ −1.24%$50.83 (−146.03%)
Apr 15, 2026
8w ago
Press Release
BEARISH ★ 8/10
$40.81 $42.06▼ −3.06%▼ −2.08%$50.83 (−24.55%)
Mar 23, 2026
12w ago
Press Release
NEUTRAL ★ 4/10
$38.10 $35.26▼ −7.45%▼ −3.89%$50.83 (+33.40%)
Mar 17, 2026
13w ago
Press Release
NEUTRAL ★ 3/10
$37.50 $37.28▼ −0.60%▲ +2.05%$50.83 (+35.54%)
Mar 9, 2026
14w ago
Press Release
BULLISH ★ 7/10
$38.47 $36.15▼ −6.03%▼ −4.67%$50.83 (+32.14%)
Mar 4, 2026
14w ago
8-K
NEUTRAL ★ 4/10
$39.07 $37.23▼ −4.70%▼ −2.47%$50.83 (+30.12%)
Mar 2, 2026
15w ago
Press Release
BULLISH ★ 7/10
$36.94 $38.47▲ +4.12%▲ +5.33%$50.83 (+37.59%)
Showing 9 of 9

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