Exhibit 12.2
SL Green Operating Partnership, L.P.
Ratio of Earnings to Combined Fixed Charges and Preferred Unit Distributions
(Dollars in Thousands)
	Year Ended December 31,
	2016			2015			2014			2013			2012
Earnings
Income from continuing operations	$	233,415		$	253,186		$	142,493		$	99,479		$	57,362
Joint venture cash distributions	370,759			176,049			438,041			86,631			219,021
Interest	320,957			325,399			331,439			329,752			331,969
Amortization of interest capitalized	40			549			305			44			44
Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges	(574		)	(1,497		)	(1,109		)	(2,054		)	(1,850		)
Amortization of loan costs expensed	24,564			27,348			22,811			16,695			19,450
Portion of rent expense representative of interest	30,588			29,375			32,522			35,100			32,714
Total earnings	$	979,749		$	810,409		$	966,502		$	565,647		$	658,710
Fixed Charges and Preferred Unit Distributions
Interest	$	320,957		$	325,399		$	331,439		$	329,752		$	331,969
Interest capitalized	24,067			31,108			26,676			11,853			12,218
Amortization of loan costs expensed	24,564			27,348			22,811			16,695			19,450
Preferred stock dividends	14,950			14,952			14,952			21,881			30,411
Portion of rent expense representative of interest	30,588			29,375			32,522			35,100			32,714
Total fixed charges and Preferred Stock dividends	$	415,126		$	428,182		$	428,400		$	415,281		$	426,762
Ratio of earnings to combined fixed charges and Preferred Unit distributions	2.36			1.89			2.26			1.36			1.54
The ratios of earnings to combined fixed charges and preferred unit distributions were computed by dividing earnings by fixed charges. For the purpose of calculating the ratios, the earnings have been calculated by adding fixed charges to income from continuing operations before adjustment for noncontrolling interests plus distributions from unconsolidated joint ventures, excluding gains or losses from sale of property, purchase price fair value adjustments, gains and losses on equity investment and the cumulative effect of changes in accounting principles. With respect to SL Green Operating Partnership, L.P., fixed charges and preferred stock distributions consist of interest expense including the amortization of debt issuance costs, rental expense deemed to represent interest expense and preferred distributions paid on its 7.625% Series C, its 7.875% Series D and its 6.50% Series I cumulative redeemable Preferred Units.