Exhibit

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, financing, development, redevelopment, construction and leasing.

As of June 30, 2019, the Company held interests in 96 Manhattan buildings totaling 46.0 million square feet. This included ownership interests in 27.2 million square feet in Manhattan buildings and 18.8 million square feet securing debt and preferred equity investments. In addition, the Company held ownership interests in 7 suburban properties comprised of 15 buildings totaling 2.3 million square feet in Brooklyn, Westchester County, and Connecticut.


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


•	SL Green maintains a website at https://slgreen.com at which most key investor relations data pertaining to dividend declaration, payout, current and historic share price, etc. can be found. Such information is not incorporated into this supplemental financial package. This supplemental financial package is available through the Company’s website.

•

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 or at 212-594-2700.

Ratings

Ratings are not recommendations to buy, sell or hold the Company’s securities.

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 supplement that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, 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," or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this supplemental financial package and related 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 are described in our filings with the Securities and Exchange Commission. 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 June 30, 2019 that will be released on Form 10-Q to be filed on or before August 9, 2019.

Annualized cash rent - Monthly base rent and escalations per the lease, as of a certain date, multiplied by 12.

Capitalized Interest - The total of i) interest cost for project specific debt on properties that are under development or redevelopment 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 multiplied by the Company’s weighted average corporate borrowing rate. Capitalized Interest is a component of the book basis in a development or redevelopment property.

Debt service coverage - Operating Income adding back income taxes, loan loss reserves and our 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 the National Association of Real Estate Investment Trusts, or 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 Generally Accepted Accounting Principles, or 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.

First generation TIs and LCs - Tenant improvements (TIs), leasing commissions (LCs), and other leasing costs that were taken into consideration when underwriting the acquisition of a property, which are generally incurred during the first 4-5 years following acquisition.

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

Fixed charge coverage - Operating Income adding back income taxes, loan loss reserves and our share of joint venture depreciation and amortization, divided by Fixed Charge.

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 a pro-rata adjustment for FAD for SLG’s unconsolidated JV, less straight line rental income, free rent net of amortization, second cycle tenant improvement and leasing costs, and recurring building improvements.

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 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, defines FFO as net income (loss) (computed in accordance with 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.

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 amortization of acquired above and below-market leases, net 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 - Building improvements and leasing costs required to maintain current revenues. Recurring capital expenditures do not include immediate building improvements that were taken into consideration when underwriting the purchase of a building or which are incurred to bring a building up to “operating standards.”

Redevelopment costs - Non-recurring capital expenditures incurred to improve buildings to SLG’s “operating standards.”

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. On our balance sheets, financing leases include the amounts previously captioned "Properties under capital lease."

Same-Store Properties (Same-Store) - Properties owned in the same manner during both the current and prior year, excluding development properties that are not stabilized for both the current and prior year. Changes to Same-Store properties in 2018 were as follows:



Added to Same-Store in 2019:	Removed from Same-Store in 2019:
1515 Broadway	131-137 Spring Street (sold)
Worldwide Plaza	521 Fifth Avenue (sold)
55 West 46th Street - Tower 46

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 in the respective joint ventures and may not accurately depict the legal and economic implications of holding a non-controlling interest in the joint ventures.

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

New York, NY, July 17, 2019 - SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported net income attributable to common stockholders for the quarter ended June 30, 2019 of $161.1 million, or $1.94 per share, as compared to net income attributable to common stockholders of $103.6 million, or $1.19 per share, for the same quarter in 2018. Net income attributable to common stockholders for the three months ended June 30, 2019 includes $59.0 million, or $0.68 per share, of net gains recognized from the sale of real estate as compared to $57.2 million, or $0.62 per share, for the same period in 2018. Net income attributable to common stockholders for the second quarter of 2019 also included a non-cash fair value adjustment of $67.6 million, or $0.77 per share, related to the acquisition of 460 West 34th street.

The Company also reported net income attributable to common stockholders for the six months ended June 30, 2019 of $204.9 million, or $2.46 per share, as compared to net income attributable to common stockholders of $205.3 million, or $2.31 per share, for the same period in 2018. Net income attributable to common stockholders for the six months ended June 30, 2019 includes $75.1 million, or $0.86 per share, of net gains recognized from the sale of real estate as compared to $74.3 million, or $0.79 per share, for the same period in 2018.

The Company reported FFO for the quarter ended June 30, 2019 of $159.2 million, or $1.82 per share, as compared to FFO for the same period in 2018 of $155.6 million, or $1.69 per share. FFO for the second quarter of 2019 included $3.4 million, or $0.04 per share, of promote income from the sale of 521 Fifth Avenue.

The Company also reported FFO for the six months ended June 30, 2019 of $306.7 million, or $3.50 per share, as compared to FFO for the same period in 2018 of $313.3 million, or $3.34 per share.

All per share amounts in this press release are presented on a diluted basis.

Operating and Leasing Activity

For the quarter ended June 30, 2019, the Company reported consolidated revenues and operating income of $313.0 million and $166.4 million, respectively, compared to $301.1 million and $172.6 million, respectively, for the same period in 2018.

Same-store cash NOI, including our share of same-store cash NOI from unconsolidated joint ventures, decreased by 2.7% for the quarter ended June 30, 2019, but increased by 1.1% excluding lease termination income and free rent given to Viacom at 1515 Broadway.

Same-store cash NOI, including our share of same-store cash NOI from unconsolidated joint ventures, decreased by 2.8% for the six months ended June 30, 2019, but increased by 3.2% excluding lease termination income and free rent given to Viacom at 1515 Broadway.

During the second quarter, the Company signed 40 office leases in its Manhattan portfolio totaling 507,743 square feet. Twenty-nine leases comprising 362,568 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 $75.11 per rentable square foot, representing a 54.3% increase over the previous fully escalated rents on the same office spaces. The average lease term on the Manhattan office leases signed in the second quarter was 12.0 years, or 12.3 years including

the office leases signed at One Vanderbilt, and average tenant concessions were 8.0 months of free rent with a tenant improvement allowance of $71.67 per rentable square foot.

During the first six months of 2019, the Company signed 72 office leases in its Manhattan portfolio totaling 915,645 square feet. Fifty-three leases comprising 596,850 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 $73.95 per rentable square foot, representing a 30.5% increase over the previously fully escalated rents on the same office spaces. The average lease term on the Manhattan office leases signed in the first six months of 2019 was 11.9 years, or 12.1 years including the office leases signed at One Vanderbilt, and average tenant concessions were 6.2 months of free rent with a tenant improvement allowance of $65.09 per rentable square foot.

Occupancy in the Company's Manhattan same-store portfolio was 95.2% as of June 30, 2019, inclusive of 274,272 square feet of leases signed but not yet commenced, as compared 96.0% at June 30, 2018.

During the second quarter, the Company signed 10 office leases in its Suburban portfolio totaling 77,712 square feet. Eight leases comprising 73,702 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 $38.58 per rentable square foot, representing a 3.5% decrease over the previous fully escalated rents on the same office spaces. The average lease term on the Suburban office leases signed in the second quarter was 9.0 years and average tenant concessions were 8.0 months of free rent with a tenant improvement allowance of $13.06 per rentable square foot.

During the first six months of 2019, the Company signed 18 office leases in its Suburban portfolio totaling 110,682 square feet. Fifteen leases comprising 103,553 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 $36.82 per rentable square foot, representing a 2.8% decrease over the previously fully escalated rents on the same office spaces. The average lease term on the Suburban office leases signed in the first six months of 2019 was 7.4 years and average tenant concessions were 6.6 months of free rent with a tenant improvement allowance of $11.21 per rentable square foot.

Occupancy in the Company's Suburban same-store portfolio was 90.0% as of June 30, 2019, as compared to 92.2% at June 30, 2018.

Significant leases that were signed in the second quarter included:


•	New lease with First Republic Bank for 211,521 square feet at 460 West 34th Street, for 15.0 years;


•	Renewal with Tribune Media Company and WPIX LLC for 101,658 square feet at 220 East 42nd Street, for 15.8 years;


•	Renewal with American Multi-Cinema, Inc. for 95,341 square feet at 315 West 33rd Street, known as The Olivia, for 15.3 years;


•	Renewal with Skadden, Arps, Slate, Meagher & Flom LLP for 56,239 square feet at 360 Hamilton Avenue in White Plains, NY, for 10.8 years; and


•	New lease with Sentinel Capital Partners for 28,448 square feet at One Vanderbilt Avenue, for 15.0 years.

Investment Activity

During the first half of 2019, the Company repurchased 1.3 million shares of common stock under the previously announced $2.5 billion share repurchase plan, at an average price of $86.42 per share. To date, the Company has repurchased 19.4 million shares of its common stock and redeemed 0.4 million common units of its Operating Partnership, or OP units, at an average price of $97.96 per share under the program, saving the Company approximately $67.3 million of common dividends and distributions on an annualized basis.

In May, the Company, along with our joint venture partner, closed on the previously announced sale of 521 Fifth Avenue, at a sale price of $381.0 million. The transaction generated net proceeds to the Company of $106.0 million, inclusive of a $3.4 million promote, and the Company recognized a gain on sale of $60.9 million.

In May, the Company closed on the previously announced acquisition of a majority and controlling interest in 460 West 34th Street at a gross asset valuation of $440 million. After taking into account earlier investments made through the Company's Debt and Preferred Equity platform, the Company's blended average basis in the 20-story property, which will undergo a large scale redevelopment, was $528 per square foot as of the closing date.

In May, the Company closed on the acquisition of the remaining 10% interest in 110 Greene Street from our joint venture partner at a gross asset valuation of $256.5 million. The Company had acquired its 90% interest in the property in 2015 and now owns 100% of the asset.

Debt and Preferred Equity Investment Activity

The carrying value of the Company’s debt and preferred equity investment portfolio decreased to $2.26 billion at June 30, 2019, including $2.23 billion of investments at a weighted average current yield of 9.1% that are classified in the debt and preferred equity line item on the balance sheet, and investments aggregating $0.03 billion at a weighted average current yield of 6.6% that are included in other balance sheet line items for accounting purposes.

During the second quarter, the Company originated or acquired new subordinate debt and preferred equity investments totaling $136.2 million, of which $130.8 million was retained and $71.3 million was funded at a weighted average yield of 9.6%.

Financing Activity

In July, the Company closed on a $228.7 million mortgage financing of 360 Hamilton Avenue in White Plains, NY and 100, 200 and 500 Summit Lake Drive in Valhalla, New York. The new mortgage has a 3-year term, with two one-year extension options and bears interest at a floating rate of 2.79% per annum over LIBOR.

In May, the Company, along with its joint venture partners, closed on a $465.0 million construction facility for the redevelopment of 460 West 34th Street. The floating rate facility has

a term of three years, with two one-year extension options and bears interest at an initial floating rate of 2.225% over LIBOR.

In May, the Company entered into an agreement to reduce the interest rate spread by 65 basis points on the Company's $200.0 million, 7-year term loan that matures in 2024. This reduction will be effective in November 2019 resulting in annualized interest savings of $1.3 million.

Dividends

In the second quarter of 2019, the Company declared quarterly dividends on its outstanding common and preferred stock as follows:


•	$0.85 per share of common stock, which was paid on July 15, 2019 to shareholders of record on the close of business on June 28, 2019; and


•	$0.40625 per share on the Company's 6.50% Series I Cumulative Redeemable Preferred Stock for the period April 15, 2019 through and including July 14, 2019, which was paid on July 15, 2019 to shareholders of record on the close of business on June 28, 2019, and reflects the regular quarterly dividend, which 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, July 18, 2019 at 2:00 pm ET to discuss the financial results.

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

The live conference call will be webcast in listen-only mode in the Investors section of the SL Green Realty Corp. website at https://slgreen.com/ under “Presentations & Webcasts”. The conference may also be accessed by dialing toll-free (877) 312-8765 or international (419) 386-0002, and using passcode 8857713.

A replay of the call will be available 7 days after the call by dialing (855) 859-2056 using passcode 8857713. A webcast replay will also be available in the Investors section of the SL Green Realty Corp. website at https://slgreen.com/ under “Presentations & Webcasts”.



	As of or for the three months ended
	6/30/2019			3/31/2019		12/31/2018			9/30/2018		6/30/2018

Earnings Per Share
Net income (loss) available to common stockholders - diluted	$	1.94		$	0.52	$	(0.73	)	$	1.03	$	1.19
Funds from operations (FFO) available to common stockholders - diluted	$	1.82		$	1.68	$	1.61		$	1.66	$	1.69

Common Share Price & Dividends
Closing price at the end of the period	$	80.37		$	89.92	$	79.08		$	97.53	$	100.53
Closing high price during period	$	92.60		$	93.47	$	96.88		$	105.86	$	101.59
Closing low price during period	$	79.59		$	77.46	$	77.63		$	96.01	$	94.27
Common dividend per share	$	0.8500		$	0.8500	$	0.8500		$	0.8125	$	0.8125

FFO payout ratio (trailing 12 months)	49.7		%	50.1%		49.7%			49.2%		49.9%
Funds available for distribution (FAD) payout ratio (trailing 12 months)	87.3		%	83.9%		86.8%			77.0%		82.6%

Common Shares & Units
Common shares outstanding	82,409			83,272		83,684			85,594		85,725
Units outstanding	4,259			4,261		4,131			4,601		4,700
Total common shares and units outstanding	86,668			87,533		87,815			90,195		90,425

Weighted average common shares and units outstanding - basic	87,231			87,646		88,187			90,209		91,882
Weighted average common shares and units outstanding - diluted	87,398			87,810		88,376			90,428		92,083

Market Capitalization
Market value of common equity	$	6,965,507		$	7,870,967	$	6,944,410		$	8,796,718	$	9,090,425
Liquidation value of preferred equity/units	516,285			515,285		530,427			531,285		531,384
Consolidated debt	6,140,212			5,940,440		5,591,918			5,633,016		5,902,899
Consolidated market capitalization	$	13,622,004		$	14,326,692	$	13,066,755		$	14,961,019	$	15,524,708
SLG share of unconsolidated JV debt	3,799,897			3,815,230		3,845,901			3,949,528		4,088,628
Market capitalization including SLG share of unconsolidated JVs	$	17,421,901		$	18,141,922	$	16,912,656		$	18,910,547	$	19,613,336

Consolidated debt service coverage (trailing 12 months)	3.20x			3.10x		3.10x			3.13x		3.09x
Consolidated fixed charge coverage (trailing 12 months)	2.63x			2.57x		2.57x			2.60x		2.59x
Debt service coverage, including SLG share of unconsolidated JVs (trailing 12 months)	2.34x			2.30x		2.32x			2.39x		2.43x
Fixed charge coverage, including SLG share of unconsolidated JVs (trailing 12 months)	2.03x			2.00x		2.02x			2.08x		2.12x



	As of or for the three months ended
	6/30/2019				3/31/2019			12/31/2018			9/30/2018			6/30/2018

Selected Balance Sheet Data
Real estate assets before depreciation	$	9,550,222			$	8,936,493		$	8,513,935		$	9,283,952		$	9,294,349
Investments in unconsolidated joint ventures	$	2,937,153			$	3,055,368		$	3,019,020		$	3,070,825		$	3,059,985
Debt and preferred equity investments	$	2,228,912			$	2,272,241		$	2,099,393		$	1,977,057		$	2,168,515
Cash and cash equivalents	$	148,978			$	144,323		$	129,475		$	160,248		$	287,240
Investment in marketable securities	$	29,978			$	29,406		$	28,638		$	28,538		$	28,570

Total assets	$	13,629,941			$	13,385,774		$	12,751,358		$	13,455,002		$	13,713,928

Fixed rate & hedged debt	$	3,540,487			$	3,542,126		$	3,543,476		$	3,506,466		$	3,765,899
Variable rate debt	2,599,725			⁽¹⁾	2,398,314			2,048,442			2,126,550			2,137,000
Total consolidated debt	$	6,140,212			$	5,940,440		$	5,591,918		$	5,633,016		$	5,902,899
Deferred financing costs, net of amortization	(57,423		)		(50,376		)	(50,218		)	(47,220		)	(45,488		)
Total consolidated debt, net	$	6,082,789			$	5,890,064		$	5,541,700		$	5,585,796		$	5,857,411

Total liabilities	$	7,062,331			$	6,843,805		$	6,115,271		$	6,418,799		$	6,683,877

Fixed rate & hedged debt, including SLG share of unconsolidated JV debt	$	5,781,333			$	5,880,322		$	5,884,452		$	6,021,150		$	6,282,993
Variable rate debt, including SLG share of unconsolidated JV debt	4,158,776			⁽¹⁾	3,875,348			3,553,367			3,561,394			3,708,534
Total debt, including SLG share of unconsolidated JV debt	$	9,940,109			$	9,755,670		$	9,437,819		$	9,582,544		$	9,991,527


Selected Operating Data
Property operating revenues	$	244,959			$	240,118		$	247,519		$	250,866		$	238,421
Property operating expenses	(113,309		)		(112,684		)	(109,343		)	(115,164		)	(110,405		)
Property NOI	$	131,650			$	127,434		$	138,176		$	135,702		$	128,016
SLG share of unconsolidated JV Property NOI	78,472				80,635			79,578			77,389			88,042
Property NOI, including SLG share of unconsolidated JV Property NOI	$	210,122			$	208,069		$	217,754		$	213,091		$	216,058
Investment income	51,618				50,031			57,952			48,977			49,273
Other income	16,447				14,106			11,565			7,702			13,422
Marketing general & administrative expenses	(25,480		)		(25,979		)	(26,030		)	(20,594		)	(22,479		)
SLG share of investment income and other income from unconsolidated JVs	2,141				3,291			3,810			5,642			2,749
Income taxes	680				770			964			168			1,092
Transaction costs, including SLG share of unconsolidated JVs	(261		)		(55		)	(426		)	(163		)	(348		)
Loan loss and other investment reserves, net of recoveries	—				—			(5,752		)	(1,087		)	—
Loss on early extinguishment of debt	—				—			(14,889		)	(2,194		)	—
EBITDAre	$	255,267			$	250,233		$	244,948		$	251,542		$	259,767

(1) Does not reflect $1.3 billion of floating rate debt and preferred equity investments that provide a hedge against floating rate debt.



	As of or for the three months ended
	6/30/2019		3/31/2019		12/31/2018		9/30/2018		6/30/2018

Selected Operating Data
Property operating revenues	$	227,427	$	222,780	$	229,798	$	234,173	$	220,900
Property operating expenses	97,927		98,198		97,272		101,332		95,108
Property NOI	$	129,500	$	124,582	$	132,526	$	132,841	$	125,792

Other income - consolidated	$	4,493	$	4,572	$	1,453	$	1,333	$	912

SLG share of property NOI from unconsolidated JVs	$	78,979	$	80,636	$	79,580	$	77,393	$	87,860

Portfolio Statistics
Consolidated office buildings in service	20		20		20		21		21
Unconsolidated office buildings in service	10		11		10		10		10
	30		31		30		31		31

Consolidated office buildings in service - square footage	12,387,091		12,387,091		12,387,091		12,756,091		12,756,091
Unconsolidated office buildings in service - square footage	11,216,183		11,676,183		11,329,183		11,491,164		11,491,164
	23,603,274		24,063,274		23,716,274		24,247,255		24,247,255

Same-Store office occupancy (consolidated + JVs)	94.1%		94.3%		94.5%		94.3%		93.7%
Same-Store office occupancy inclusive of leases signed not yet commenced	95.2%		95.8%		96.0%		96.1%		96.0%

Office Leasing Statistics
New leases commenced	25		25		33		27		45
Renewal leases commenced	7		10		11		11		9
Total office leases commenced	32		35		44		38		54

Commenced office square footage filling vacancy	74,425		132,241		60,961		412,540		52,599
Commenced office square footage on previously occupied space (M-T-M leasing) ⁽²⁾	279,649		270,602		294,886		137,808		352,935
Total office square footage commenced	354,074		402,843		355,847		550,348		405,534

Average starting cash rent psf - office leases commenced	$70.53		$69.38		$78.47		$69.09		$68.97
Previous escalated cash rent psf - office leases commenced ⁽³⁾	$62.82		$67.90		$71.70		$66.03		$62.87
Increase in new cash rent over previously escalated cash rent ^{(2) (3)}	12.3%		2.2%		9.4%		4.6%		9.7%
Average lease term	11.5		11.0		6.8		21.1		7.4
Tenant concession packages psf	$79.94		$67.08		$43.57		$69.64		$37.56
Free rent months	7.1		5.7		4.9		5.8		2.7

(1) Property data includes operating office, retail, residential, development, and redevelopment properties.
(2) Calculated on space that was occupied within the previous 12 months.
(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.



	As of or for the three months ended
	6/30/2019		3/31/2019		12/31/2018			9/30/2018			6/30/2018

Selected Operating Data
Property operating revenues	$	16,933	$	17,121	$	17,707		$	17,338		$	19,679
Property operating expenses	8,598		8,807		8,153			9,480			11,039
Property NOI	$	8,335	$	8,314	$	9,554		$	7,858		$	8,640

Other income - consolidated	$	135	$	117	$	(588	)	$	(529	)	$	6,271

SLG share of property NOI from unconsolidated JVs	$	—	$	—	$	—		$	—		$	177

Portfolio Statistics
Consolidated office buildings in service	13		13		13			13			19
Unconsolidated office buildings in service	—		—		—			—			—
	13		13		13			13			19

Consolidated office buildings in service - square footage	2,295,200		2,295,200		2,295,200			2,295,200			2,835,200
Unconsolidated office buildings in service - square footage	—		—		—			—			—
	2,295,200		2,295,200		2,295,200			2,295,200			2,835,200

Same-Store office occupancy (consolidated + JVs)	90.0%		90.4%		91.3%			91.6%			92.0%
Same-Store office occupancy inclusive of leases signed not yet commenced	90.0%		91.1%		91.8%			92.1%			92.2%

Office Leasing Statistics
New leases commenced	5		2		4			3			12
Renewal leases commenced	7		6		4			5			4
Total office leases commenced	12		8		8			8			16

Commenced office square footage filling vacancy	14,994		1,165		10,348			5,732			12,876
Commenced office square footage on previously occupied space (M-T-M leasing) ⁽²⁾	75,796		31,025		125,609			21,463			48,226
Total office square footage commenced	90,790		32,190		135,957			27,195			61,102

Average starting cash rent psf - office leases commenced	$38.59		$32.93		$26.17			$36.77			$35.85
Previous escalated cash rent psf - office leases commenced ⁽³⁾	$39.87		$32.73		$27.79			$36.97			$37.26
(Decrease) increase in new cash rent over previously escalated cash rent ^{(2) (3)}	(3.2)%		0.6%		(5.8)%			(0.5)%			(3.8)%
Average lease term	8.6		4.5		7.5			2.5			6.4
Tenant concession packages psf	$14.27		$11.72		$24.73			$5.20			$18.87
Free rent months	7.8		3.5		6.9			1.0			4.2

(1) Property data includes operating office, retail, and development properties.
(2) Calculated on space that was occupied within the previous 12 months.
(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.



	As of
	6/30/2019				3/31/2019			12/31/2018			9/30/2018			6/30/2018
Assets
Commercial real estate properties, at cost:
Land and land interests	$	1,929,496			$	1,775,006		$	1,774,899		$	1,827,999		$	1,893,047
Building and improvements	5,749,261				5,294,612			5,268,484			5,271,442			5,225,431
Building leasehold and improvements	1,427,225				1,423,282			1,423,107			1,427,381			1,423,994
Right of use asset - financing leases	47,445				47,445			47,445			47,445			47,445
Right of use asset - operating leases	396,795				396,148			—			—			—
	9,550,222				8,936,493			8,513,935			8,574,267			8,589,917
Less: accumulated depreciation	(2,217,013		)		(2,154,075		)	(2,099,137		)	(2,049,338		)	(1,994,696		)
Net real estate	7,333,209				6,782,418			6,414,798			6,524,929			6,595,221

Other real estate investments:
Investment in unconsolidated joint ventures	2,937,153				3,055,368			3,019,020			3,070,825			3,059,985
Debt and preferred equity investments, net	2,228,912			⁽¹⁾	2,272,241			2,099,393			1,977,057			2,168,515

Assets held for sale, net	—				—			—			696,069			593,995
Cash and cash equivalents	148,978				144,323			129,475			160,248			287,240
Restricted cash	92,169				151,388			149,638			98,344			92,740
Investment in marketable securities	29,978				29,406			28,638			28,538			28,570
Tenant and other receivables, net of $14,300 of cumulative charge-offs at 6/30/2019	38,270				47,829			41,589			44,614			47,482
Related party receivables	23,686				29,458			28,033			21,425			27,854
Deferred rents receivable, net of $13,798 of cumulative charge-offs at 6/30/2019	341,659				337,099			335,985			329,325			322,656
Deferred costs, net	220,572				211,615			209,110			202,500			198,941
Other assets	235,355				324,629			295,679			301,128			290,729

Total Assets	$	13,629,941			$	13,385,774		$	12,751,358		$	13,455,002		$	13,713,928

(1) Excludes debt and preferred equity investments totaling $34.5 million with a weighted average current yield of 6.57% that are included in other balance sheet line items.



	As of
	6/30/2019			3/31/2019			12/31/2018			9/30/2018			6/30/2018
Liabilities
Mortgages and other loans payable	$	2,366,907		$	2,046,906		$	1,988,160		$	2,339,030		$	2,538,696
Unsecured term loans	1,500,000			1,500,000			1,500,000			1,500,000			1,500,000
Unsecured notes	1,503,305			1,503,534			1,503,758			1,503,986			1,404,203
Revolving credit facility	670,000			790,000			500,000			145,000			360,000
Deferred financing costs	(57,423		)	(50,376		)	(50,218		)	(47,220		)	(45,488		)
Total debt, net of deferred financing costs	5,982,789			5,790,064			5,441,700			5,440,796			5,757,411
Accrued interest	25,564			28,930			23,154			27,211			26,104
Accounts payable and accrued expenses	133,473			111,899			147,061			141,082			140,739
Deferred revenue	122,941			102,598			94,453			110,283			95,756
Lease liability - financing leases	44,034			43,823			43,616			43,416			43,221
Lease liability - operating leases	387,602			389,857			—			—			—
Dividends and distributions payable	79,272			80,047			80,430			79,165			79,518
Security deposits	62,735			61,139			64,688			64,501			63,872
Liabilities related to assets held for sale	—			—			—			311,049			265,538
Junior subordinated deferrable interest debentures	100,000			100,000			100,000			100,000			100,000
Other liabilities	123,921			135,448			120,169			101,296			111,718
Total liabilities	7,062,331			6,843,805			6,115,271			6,418,799			6,683,877

Noncontrolling interest in operating partnership
(4,259 units outstanding) at 6/30/2019	401,824			412,361			387,805			467,743			486,610
Preferred units	286,285			285,285			300,427			301,285			301,385

Equity
Stockholders' Equity:
Series I Perpetual Preferred Shares	221,932			221,932			221,932			221,932			221,932
Common stock, $0.01 par value, 160,000 shares authorized, 83,464
issued and outstanding at 6/30/2019, including 1,055 shares held in treasury	835			843			847			867			868
Additional paid–in capital	4,451,209			4,492,581			4,508,685			4,602,650			4,601,608
Treasury stock	(124,049		)	(124,049		)	(124,049		)	(124,049		)	(124,049		)
Accumulated other comprehensive income	(28,395		)	(4,005		)	15,108			36,299			32,622
Retained earnings	1,288,390			1,210,497			1,278,998			1,476,959			1,457,835
Total SL Green Realty Corp. stockholders' equity	5,809,922			5,797,799			5,901,521			6,214,658			6,190,816

Noncontrolling interest in other partnerships	69,579			46,524			46,334			52,517			51,240

Total equity	5,879,501			5,844,323			5,947,855			6,267,175			6,242,056

Total Liabilities and Equity	$	13,629,941		$	13,385,774		$	12,751,358		$	13,455,002		$	13,713,928



	Three Months Ended						Three Months Ended				Six Months Ended
	June 30,			June 30,				March 31,			June 30,			June 30,
	2019			2018				2019			2019			2018
Revenues
Rental revenue, net	$	216,480		$	211,369			$	212,639		$	429,119		$	426,738
Escalation and reimbursement revenues	28,479			27,052				27,479			55,958			53,451
Investment income	51,618			49,273				50,031			101,649			94,563
Other income	16,447			13,422				14,106			30,553			28,059
Total Revenues, net	313,024			301,116				304,255			617,279			602,811

Equity in net (loss) income from unconsolidated joint ventures	(7,546		)	4,702				(5,234		)	(12,780		)	8,738

Expenses
Operating expenses	58,317			56,237				57,698			116,015			116,019
Operating lease rent	8,298			8,846				8,298			16,596			17,154
Real estate taxes	46,694			45,322				46,688			93,382			90,983
Transaction related costs	261			348				55			316			510
Marketing, general and administrative	25,480			22,479				25,979			51,459			46,007
Total Operating Expenses	139,050			133,232				138,718			277,768			270,673

Operating Income	166,428			172,586				160,303			326,731			340,876

Interest expense, net of interest income	47,160			53,611				50,525			97,685			101,527
Amortization of deferred financing costs	2,712			3,546				2,742			5,454			7,083
Depreciation and amortization	69,461			67,914				68,343			137,804			137,302
Income from Continuing Operations ⁽¹⁾	47,095			47,515				38,693			85,788			94,964

(Loss) gain on sale of real estate	—			(14,790		)		(1,049		)	(1,049		)	8,731
Equity in net gain on sale of joint venture interest / real estate	59,015			72,025				17,166			76,181			65,585
Purchase price and other fair value adjustments	67,631			11,149				(2,041		)	65,590			60,442
Net Income	173,741			115,899				52,769			226,510			229,722

Net income attributable to noncontrolling interests	(6,172		)	(5,759		)		(2,515		)	(8,687		)	(11,229		)
Dividends on preferred units	(2,729		)	(2,847		)		(2,724		)	(5,453		)	(5,696		)

Net Income Attributable to SL Green Realty Corp	164,840			107,293				47,530			212,370			212,797

Dividends on perpetual preferred shares	(3,737		)	(3,737		)		(3,738		)	(7,475		)	(7,475		)

Net Income Attributable to Common Stockholders	$	161,103		$	103,556			$	43,792		$	204,895		$	205,322

Earnings per share - Net income per share (basic)	$	1.94		$	1.19			$	0.52		$	2.46		$	2.31
Earnings per share - Net income per share (diluted)	$	1.94		$	1.19			$	0.52		$	2.46		$	2.31
(1) Before gains on sale and equity in net gains and depreciable real estate reserves shown below.



		Three Months Ended						Three Months Ended				Six Months Ended
		June 30,			June 30,				March 31,			June 30,			June 30,
		2019			2018				2019			2019			2018
Funds from Operations
Net Income Attributable to Common Stockholders		$	161,103		$	103,556			$	43,792		$	204,895		$	205,322

	Depreciation and amortization	69,461			67,914				68,343			137,804			137,302
	Unconsolidated JV depreciation and noncontrolling interests adjustments	49,903			47,308				47,625			97,528			95,314
	Net income attributable to noncontrolling interests	6,172			5,759				2,515			8,687			11,229
	Loss (gain) on sale of real estate	—			14,790				1,049			1,049			(8,731		)
	Equity in net gain on sale of joint venture property / real estate	(59,015		)	(72,025		)		(17,166		)	(76,181		)	(65,585		)
	Purchase price and other fair value adjustments	(67,631		)	(11,149		)		2,041			(65,590		)	(60,442		)
	Non-real estate depreciation and amortization	(746		)	(584		)		(707		)	(1,453		)	(1,150		)
	Funds From Operations	$	159,247		$	155,569			$	147,492		$	306,739		$	313,259

	Funds From Operations - Basic per Share	$	1.83		$	1.69			$	1.68		$	3.51		$	3.35

	Funds From Operations - Diluted per Share	$	1.82		$	1.69			$	1.68		$	3.50		$	3.34

Funds Available for Distribution
FFO		$	159,247		$	155,569			$	147,492		$	306,739		$	313,259

	Non real estate depreciation and amortization	746			584				707			1,453			1,150
	Amortization of deferred financing costs	2,712			3,546				2,742			5,454			7,083
	Non-cash deferred compensation	5,570			7,808				12,816			18,386			19,683
	FAD adjustment for joint ventures	(29,320		)	(23,073		)		(22,765		)	(52,085		)	(39,823		)
	Straight-line rental income and other non cash adjustments	(8,121		)	(5,675		)		(4,595		)	(12,716		)	(12,605		)
	Second cycle tenant improvements	(19,248		)	(19,862		)		(8,421		)	(27,669		)	(25,648		)
	Second cycle leasing commissions	(4,945		)	(4,320		)		(7,010		)	(11,955		)	(8,299		)
	Revenue enhancing recurring CAPEX	(665		)	(996		)		(333		)	(998		)	(1,505		)
	Non-revenue enhancing recurring CAPEX	(15,323		)	(7,746		)		(8,384		)	(23,707		)	(12,274		)
Reported Funds Available for Distribution		$	90,653		$	105,835			$	112,249		$	202,902		$	241,021

	First cycle tenant improvements	$	1,388		$	1,671			$	360		$	1,748		$	2,987
	First cycle leasing commissions	$	8,965		$	806			$	5,069		$	14,034		$	988
	Development costs	$	5,257		$	6,437			$	4,655		$	9,912		$	9,413
	Redevelopment costs	$	12,898		$	6,800			$	6,113		$	19,011		$	26,001
	Capitalized interest	$	12,019		$	7,594			$	10,509		$	22,528		$	14,280



																			Accumulated
	Series I																		Other
	Preferred			Common			Additional			Treasury			Retained			Noncontrolling			Comprehensive
	Stock			Stock			Paid-In Capital			Stock			Earnings			Interests			Income (Loss)			TOTAL

Balance at December 31, 2018	$	221,932		$	847		$	4,508,685		$	(124,049	)	$	1,278,998		$	46,334		$	15,108		$	5,947,855

Net income													212,370			(1,900		)				210,470
Acquisition of subsidiary interest from noncontrolling interest							(515		)							(25,276		)				(25,791		)
Preferred dividends													(7,475		)							(7,475		)
Cash distributions declared ($1.70 per common share)													(140,377		)							(140,377		)
Cash distributions to noncontrolling interests																(271		)				(271		)
Other comprehensive loss - unrealized loss on derivative instruments																			(32,681		)	(32,681		)
Other comprehensive loss - SLG share of unconsolidated joint venture net unrealized loss on derivative instruments																			(12,096		)	(12,096		)
Other comprehensive gain - unrealized gain on marketable securities																			1,274			1,274
DRSPP proceeds							263															263
Repurchases of common stock				(12		)	(68,203		)				(41,098		)							(109,313		)
Conversion of units of the Operating Partnership to common stock							446															446
Contributions to consolidated joint ventures																50,692						50,692
Reallocation of noncontrolling interests in the Operating Partnership													(14,028		)							(14,028		)
Deferred compensation plan and stock awards, net							10,533															10,533
Balance at June 30, 2019	$	221,932		$	835		$	4,451,209		$	(124,049	)	$	1,288,390		$	69,579		$	(28,395	)	$	5,879,501





RECONCILIATION OF SHARES AND UNITS OUTSTANDING, AND DILUTION COMPUTATION


	Common Stock			OP Units			Stock-Based Compensation			Diluted Shares

Share Count at December 31, 2018	83,683,847			4,130,579			—			87,814,426

YTD share activity	(1,274,563		)	128,256			—			(1,146,307		)
Share Count at June 30, 2019 - Basic	82,409,284			4,258,835			—			86,668,119

Weighting factor	731,998			37,243			168,448			937,689
Weighted Average Share Count at June 30, 2019 - Diluted	83,141,282			4,296,078			168,448			87,605,808




	June 30, 2019						March 31, 2019						December 31, 2018

	Total			SLG Share			Total			SLG Share			Total			SLG Share
Assets
Commercial real estate properties, at cost:
Land and land interests	$	3,892,587		$	1,880,967		$	4,014,425		$	1,937,418		$	4,280,441		$	2,053,968
Building and improvements	10,026,975			4,952,690			10,150,482			4,944,693			10,258,232			4,871,446
Building leasehold and improvements	394,503			200,176			394,722			200,287			394,587			200,220
Right of use asset - financing leases	634,822			321,864			634,663			321,783			420,770			212,697
Right of use asset - operating leases	236,519			116,376			236,519			116,376			—			—
	15,185,406			7,472,073			15,430,811			7,520,557			15,354,030			7,338,331
Less: accumulated depreciation	(1,034,345		)	(459,917		)	(1,067,859		)	(458,371		)	(1,006,357		)	(419,771		)
Net real estate	14,151,061			7,012,156			14,362,952			7,062,186			14,347,673			6,918,560


Cash and cash equivalents	217,981			109,455			225,382			117,440			214,934			106,340
Restricted cash	101,447			47,937			145,450			72,082			166,367			81,081
Debt and preferred equity investments, net	—			—			44,824			44,824			44,357			44,357
Tenant and other receivables, net of $8,559 of cumulative charge-offs at 6/30/2019, of which $4,290 is SLG share	40,699			15,469			56,346			26,345			36,041			13,058
Deferred rents receivable, net of $3,405 of cumulative charge-offs at 6/30/2019, of which $1,364 is SLG share	280,903			132,579			265,350			122,640			237,100			105,895
Deferred costs, net	175,521			97,512			176,920			96,081			179,368			96,915
Other assets	1,917,972			849,865			2,014,521			896,875			2,007,798			897,620
Total Assets	$	16,885,584		$	8,264,973		$	17,291,745		$	8,438,473		$	17,233,638		$	8,263,826

Liabilities and Equity
Mortgage and other loans payable, net of deferred financing costs of $102,858 at 6/30/2019, of which $50,008 is SLG share	$	8,591,391		$	3,749,889		$	8,760,333		$	3,760,385		$	8,950,622		$	3,799,798
Accrued interest	28,360			11,573			29,839			12,399			27,343			11,594
Accounts payable and accrued expenses	224,112			118,010			265,314			143,048			234,222			127,482
Deferred revenue	1,558,660			692,369			1,620,437			720,421			1,660,838			732,505
Lease liability - financing leases	637,347			323,112			637,199			323,042			637,168			323,032
Lease liability - operating leases	263,255			129,016			264,609			129,706			—			—
Security deposits	26,989			10,034			33,820			12,680			34,007			12,190
Other liabilities	10,547			5,379			12,161			6,664			13,572			7,450
Equity	5,544,923			3,225,591			5,668,033			3,330,128			5,675,866			3,249,775
Total Liabilities and Equity	$	16,885,584		$	8,264,973		$	17,291,745		$	8,438,473		$	17,233,638		$	8,263,826



	Three Months Ended						Three Months Ended						Three Months Ended
	June 30, 2019						March 31, 2019						June 30, 2018

	Total			SLG Share			Total			SLG Share			Total			SLG Share
Revenues
Rental revenue, net	$	248,446		$	108,310		$	257,892		$	111,732		$	271,760		$	117,214
Escalation and reimbursement revenues	36,451			17,017			39,044			18,258			38,371			18,128
Investment income	1,417			476			7,651			2,227			1,995			1,708
Other income	4,134			1,665			2,932			1,064			2,069			1,041
Total Revenues, net	$	290,448		$	127,468		$	307,519		$	133,281		$	314,195		$	138,091

Expenses
Operating expenses	$	48,514		$	20,683		$	54,124		$	22,856		$	50,356		$	21,167
Operating lease rent	6,234			3,026			5,901			2,860			4,457			2,137
Real estate taxes	51,987			23,146			54,236			23,639			55,838			23,996
Total Operating Expenses	$	106,735		$	46,855		$	114,261		$	49,355		$	110,651		$	47,300

Operating Income	$	183,713		$	80,613		$	193,258		$	83,926		$	203,544		$	90,791

Interest expense, net of interest income	$	93,693		$	38,281		$	96,623		$	39,407		$	91,648		$	36,670
Amortization of deferred financing costs	4,782			1,591			5,216			1,568			7,350			1,752
Depreciation and amortization	103,681			48,176			104,331			48,128			111,495			47,565
Net (Loss) Income	$	(18,443	)	$	(7,435	)	$	(12,912	)	$	(5,177	)	$	(6,949	)	$	4,804

Real estate depreciation	103,392			48,120			104,042			48,071			111,202			47,508
FFO Contribution	$	84,949		$	40,685		$	91,130		$	42,894		$	104,253		$	52,312

FAD Adjustments:
Non real estate depreciation and amortization	$	289		$	56		$	289		$	57		$	293		$	57
Amortization of deferred financing costs	4,782			1,591			5,216			1,568			7,350			1,752
Straight-line rental income and other non-cash adjustments	(38,144		)	(20,386		)	(41,466		)	(22,026		)	(21,461		)	(11,312		)
Second cycle tenant improvement	(12,766		)	(6,712		)	(2,290		)	(882		)	(32,279		)	(9,857		)
Second cycle leasing commissions	(983		)	(499		)	(1,597		)	(724		)	(4,928		)	(1,977		)
Revenue enhancing recurring CAPEX	(1,054		)	(368		)	(232		)	(95		)	(1,169		)	(232		)
Non-revenue enhancing recurring CAPEX	(6,907		)	(3,002		)	(1,978		)	(663		)	(3,042		)	(1,504		)
Total FAD Adjustments	$	(54,783	)	$	(29,320	)	$	(42,058	)	$	(22,765	)	$	(55,236	)	$	(23,073	)

First cycle tenant improvement	$	5,943		$	3,106		$	5,864		$	1,979		$	5,644		$	2,049
First cycle leasing commissions	$	133		$	68		$	245		$	125		$	2,760		$	825
Development costs	$	147,326		$	104,617		$	149,049		$	105,840		$	124,920		$	52,878
Redevelopment costs	$	5,115		$	2,258		$	(776	)	$	(624	)	$	9,384		$	5,026
Capitalized interest	$	5,571		$	3,956		$	4,929		$	3,500		$	12,448		$	7,364



	Six Months Ended						Six Months Ended
	June 30, 2019						June 30, 2018

	Total			SLG Share			Total			SLG Share
Revenues
Rental revenue, net	$	506,338		$	220,042		$	545,976		$	233,899
Escalation and reimbursement revenues	75,495			35,275			77,826			36,423
Investment income	9,068			2,703			5,364			4,794
Other income	7,066			2,729			5,970			2,334
Total Revenues, net	$	597,967		$	260,749		$	635,136		$	277,450

Expenses
Operating expenses	$	102,638		$	43,539		$	110,129		$	45,127
Operating lease rent	12,135			5,886			8,850			4,243
Real estate taxes	106,223			46,785			112,865			48,109
Total Operating Expenses	$	220,996		$	96,210		$	231,844		$	97,479

Operating Income	$	376,971		$	164,539		$	403,292		$	179,971

Interest expense, net of interest income	$	190,316		$	77,688		$	181,389		$	72,450
Amortization of deferred financing costs	9,998			3,159			12,466			3,425
Depreciation and amortization	208,012			96,304			216,575			95,184
Net (Loss) income	$	(31,355	)	$	(12,612	)	$	(7,138	)	$	8,912

Real estate depreciation	207,434			96,191			215,975			95,069
FFO Contribution	$	176,079		$	83,579		$	208,837		$	103,981

FAD Adjustments:
Non real estate depreciation and amortization	$	578		$	113		$	600		$	115
Amortization of deferred financing costs	9,998			3,159			12,466			3,425
Straight-line rental income and other non-cash adjustments	(79,609		)	(42,412		)	(45,450		)	(23,740		)
Second cycle tenant improvement	(15,056		)	(7,594		)	(46,285		)	(14,785		)
Second cycle leasing commissions	(2,580		)	(1,223		)	(8,478		)	(2,848		)
Revenue enhancing recurring CAPEX	(1,286		)	(463		)	(1,190		)	(238		)
Non-revenue enhancing recurring CAPEX	(8,885		)	(3,665		)	(3,643		)	(1,752		)
Total FAD Adjustments	$	(96,840	)	$	(52,085	)	$	(91,980	)	$	(39,823	)

First cycle tenant improvement	$	11,807		$	5,085		$	59,044		$	32,956
First cycle leasing commissions	$	378		$	193		$	3,620		$	911
Development costs	$	296,375		$	210,457		$	238,179		$	118,053
Redevelopment costs	$	4,339		$	1,634		$	16,406		$	9,199
Capitalized Interest	$	10,500		$	7,456		$	24,779		$	14,766



	Three Months Ended						Three Months Ended				Six Months Ended
	June 30,			June 30,				March 31,			June 30,			June 30,
	2019			2018				2019			2019			2018

Net Operating Income⁽¹⁾	$	138,358		$	133,478			$	135,506		$	273,863		$	268,543
SLG share of property NOI from unconsolidated JVs	79,556			88,915				81,706			161,259			174,833
NOI including SLG share of unconsolidated JVs	$	217,914		$	222,393			$	217,212		$	435,122		$	443,376
Partners' share of NOI - consolidated JVs	(488		)	(415		)		(764		)	(997		)	(1,061		)
NOI - SLG share	$	217,426		$	221,978			$	216,448		$	434,125		$	442,315

NOI, including SLG share of unconsolidated JVs	$	217,914		$	222,393			$	217,212		$	435,122		$	443,376
Free rent (net of amortization)	(16,012		)	(3,191		)		(16,448		)	(32,459		)	(9,319		)
Amortization of acquired above and below-market leases, net	(5,503		)	(5,843		)		(5,609		)	(11,112		)	(12,216		)
Straight-line revenue adjustment	(4,615		)	(4,862		)		(5,056		)	(9,672		)	(9,827		)
Straight-line tenant credit loss	18			(1,014		)		2,737			2,754			(1,051		)
Operating lease straight-line adjustment	988			1,053				972			1,960			1,993
Cash NOI, including SLG share of unconsolidated JVs	$	192,790		$	208,536			$	193,808		$	386,593		$	412,956
Partners' share of cash NOI - consolidated JVs	(502		)	(478		)		(703		)	(1,006		)	(1,075		)
Cash NOI - SLG share	$	192,288		$	208,058			$	193,105		$	385,587		$	411,881


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



		Three Months Ended								Three Months Ended				Six Months Ended
		June 30,			June 30,						March 31,			June 30,			June 30,
		2019			2018			%			2018			2019			2018			%
Revenues
	Rental revenue, net	$	212,156		$	205,618		3.2	%		$	208,542		$	420,698		$	410,261		2.5	%
	Escalation & reimbursement revenues	27,952			26,343			6.1	%		27,257			55,209			52,840			4.5	%
	Other income	4,541			5,116			(11.2	)%		595			5,137			9,018			(43.0	)%
	Total Revenues	$	244,649		$	237,077		3.2	%		$	236,394		$	481,044		$	472,119		1.9	%


Expenses
	Operating expenses	$	51,461		$	49,994		2.9	%		$	51,752		$	103,212		$	102,524		0.7	%
	Operating lease rent	8,298			8,308			(0.1	)%		8,298			16,596			16,616			(0.1	)%
	Real estate taxes	46,078			44,257			4.1	%		46,073			92,151			88,160			4.5	%
		$	105,837		$	102,559		3.2	%		$	106,123		$	211,959		$	207,300		2.2	%

	Operating Income	$	138,812		$	134,518		3.2	%		$	130,271		$	269,085		$	264,819		1.6	%

	Interest expense & amortization of financing costs	$	18,507		$	27,340		(32.3	)%		$	18,394		$	36,901		$	54,330		(32.1	)%
	Depreciation & amortization	62,032			62,078			(0.1	)%		61,261			123,293			123,704			(0.3	)%

	Income before noncontrolling interest	$	58,273		$	45,100		29.2	%		$	50,616		$	108,891		$	86,785		25.5	%
Plus:	Real estate depreciation & amortization	61,969			62,011			(0.1	)%		61,198			123,167			123,569			(0.3	)%
	FFO Contribution	$	120,242		$	107,111		12.3	%		$	111,814		$	232,058		$	210,354		10.3	%

Less:	Non–building revenue	196			4,747			(95.9	)%		83			278			4,860			(94.3	)%

Plus:	Interest expense & amortization of financing costs	18,507			27,340			(32.3	)%		18,394			36,901			54,330			(32.1	)%
	Non-real estate depreciation	63			67			(6.0	)%		63			126			135			(6.7	)%
	NOI	$	138,616		$	129,771		6.8	%		$	130,188		$	268,807		$	259,959		3.4	%

Cash Adjustments
Less:	Free rent (net of amortization)	$	6,078		$	4,195		44.9	%		$	5,623		$	11,700		$	9,854		18.7	%
	Straight-line revenue adjustment	(2,574		)	(3,757		)	(31.5	)%		(2,673		)	(5,246		)	(7,356		)	(28.7	)%
	Amortization of acquired above and below-market leases, net	922			1,238			(25.5	)%		946			1,868			2,921			(36.0	)%
Plus:	Operating lease straight-line adjustment	514			524			(1.9	)%		514			1,028			1,048			(1.9	)%
	Straight-line tenant credit loss	17			(1,044		)	(101.6	)%		2,874			2,891			(1,082		)	(367.2	)%
	Cash NOI	$	134,721		$	127,575		5.6	%		$	129,680		$	264,404		$	254,506		3.9	%

Operating Margins
	NOI to real estate revenue, net	56.7		%	55.9		%				55.1		%	55.9		%	55.6		%
	Cash NOI to real estate revenue, net	55.1		%	54.9		%				54.9		%	55.0		%	54.5		%

	NOI before operating lease rent/real estate revenue, net	60.1		%	59.4		%				58.6		%	59.4		%	59.2		%
	Cash NOI before operating lease rent/real estate revenue, net	58.3		%	58.3		%				58.2		%	58.2		%	57.8		%



		Three Months Ended								Three Months Ended				Six Months Ended
		June 30,			June 30,						March 31,			June 30,			June 30,
		2019			2018			%			2019			2019			2018			%
Revenues
	Rental revenue, net	$	98,562		$	100,706		(2.1	)%		$	99,544		$	198,106		$	199,412		(0.7	)%
	Escalation & reimbursement revenues	16,302			17,008			(4.2	)%		17,516			33,818			34,514			(2.0	)%
	Other income	1,105			197			460.9	%		565			1,670			696			139.9	%
	Total Revenues	$	115,969		$	117,911		(1.6	)%		$	117,625		$	233,594		$	234,622		(0.4	)%


Expenses
	Operating expenses	$	19,224		$	19,064		0.8	%		$	20,813		$	40,038		$	40,474		(1.1	)%
	Operating lease rent	1,937			1,952			—	%		1,921			3,859			3,871			—	%
	Real estate taxes	21,086			21,344			(1.2	)%		21,090			42,176			42,706			(1.2	)%
		$	42,247		$	42,360		(0.3	)%		$	43,824		$	86,073		$	87,051		(1.1	)%

	Operating Income	$	73,722		$	75,551		(2.4	)%		$	73,801		$	147,521		$	147,571		—	%

	Interest expense & amortization of financing costs	$	34,783		$	33,405		4.1	%		$	35,000		$	69,783		$	65,489		6.6	%
	Depreciation & amortization	42,174			42,489			(0.7	)%		41,221			83,395			83,358			—	%

	Loss before noncontrolling interest	$	(3,235	)	$	(343	)	843.1	%		$	(2,420	)	$	(5,657	)	$	(1,276	)	343.3	%
Plus:	Real estate depreciation & amortization	42,117			42,433			(0.7	)%		41,164			83,282			83,246			—	%
	FFO Contribution	$	38,882		$	42,090		(7.6	)%		$	38,744		$	77,625		$	81,970		(5.3	)%

Less:	Non–building revenue	649			152			327.0	%		206			855			345			147.8	%

Plus:	Interest expense & amortization of financing costs	34,783			33,405			4.1	%		35,000			69,783			65,489			6.6	%
	Non-real estate depreciation	57			56			—	%		57			113			112			0.9	%
	NOI	$	73,073		$	75,399		(3.1	)%		$	73,595		$	146,666		$	147,226		(0.4	)%

Cash Adjustments
Less:	Free rent (net of amortization)	$	9,815		$	(992	)	(1,089.4	)%		$	10,510		$	20,325		$	(403	)	(5,143.4	)%
	Straight-line revenue adjustment	4,827			5,964			(19.1	)%		5,173			10,000			11,502			(13.1	)%
	Amortization of acquired above and below-market leases, net	4,248			3,815			11.3	%		4,262			8,510			7,550			12.7	%
Plus:	Operating lease straight-line adjustment	208			258			—	%		258			465			516			—	%
	Straight-line tenant credit loss	1			—			—	%		298			298			—			—	%
	Cash NOI	$	54,392		$	66,870		(18.7	)%		$	54,206		$	108,594		$	129,093		(15.9	)%

Operating Margins
	NOI to real estate revenue, net	63.4		%	64.0		%				62.7		%	63.0		%	62.8		%
	Cash NOI to real estate revenue, net	47.2		%	56.8		%				46.2		%	46.7		%	55.1		%

	NOI before operating lease rent/real estate revenue, net	65.0		%	65.7		%				64.3		%	64.7		%	64.5		%
	Cash NOI before operating lease rent/real estate revenue, net	48.7		%	58.2		%				47.6		%	48.1		%	56.5		%



		Three Months Ended								Three Months Ended				Six Months Ended
		June 30,			June 30,						March 31,			June 30,			June 30,
		2019			2018			%			2019			2019			2018			%
Revenues
	Rental revenue, net	$	212,156		$	205,618		3.2	%		$	208,542		$	420,698		$	410,261		2.5	%
	Escalation & reimbursement revenues	27,952			26,343			6.1	%		27,257			55,209			52,840			4.5	%
	Other income	4,541			5,116			(11.2	)%		595			5,137			9,018			(43.0	)%
	Total Revenues	$	244,649		$	237,077		3.2	%		$	236,394		$	481,044		$	472,119		1.9	%

	Equity in Net Loss from Unconsolidated Joint Ventures ⁽¹⁾	$	(3,235	)	$	(343	)	843.1	%		$	(2,420	)	$	(5,657	)	$	(1,276	)	343.3	%
Expenses
	Operating expenses	$	51,461		$	49,994		2.9	%		$	51,752		$	103,212		$	102,524		0.7	%
	Operating lease rent	8,298			8,308			(0.1	)%		8,298			16,596			16,616			(0.1	)%
	Real estate taxes	46,078			44,257			4.1	%		46,073			92,151			88,160			4.5	%
		$	105,837		$	102,559		3.2	%		$	106,123		$	211,959		$	207,300		2.2	%

	Operating Income	$	135,577		$	134,175		1.0	%		$	127,851		$	263,428		$	263,543		—	%

	Interest expense & amortization of financing costs	$	18,507		$	27,340		(32.3	)%		$	18,394		$	36,901		$	54,330		(32.1	)%
	Depreciation & amortization	62,032			62,078			(0.1	)%		61,261			123,293			123,704			(0.3	)%

	Income before noncontrolling interest	$	55,038		$	44,757		23.0	%		$	48,196		$	103,234		$	85,509		20.7	%
Plus:	Real estate depreciation & amortization	61,969			62,011			(0.1	)%		61,198			123,167			123,569			(0.3	)%
	Joint Ventures Real estate depreciation & amortization ⁽¹⁾	42,117			42,433			(0.7	)%		41,164			83,282			$	83,246		—	%
	FFO Contribution	$	159,124		$	149,201		6.7	%		$	150,558		$	309,683		$	292,324		5.9	%

Less:	Non–building revenue	$	196		$	4,747		(95.9	)%		$	83		$	278		$	4,860		(94.3	)%
	Joint Ventures Non–building revenue ⁽¹⁾	649			152			327.0	%		206			855			345			147.8	%

Plus:	Interest expense & amortization of financing costs	18,507			27,340			(32.3	)%		18,394			36,901			54,330			(32.1	)%
	Joint Ventures Interest expense & amortization of financing costs ⁽¹⁾	34,783			33,405			4.1	%		35,000			69,783			65,489			6.6	%
	Non-real estate depreciation	63			67			(6.0	)%		63			126			135			(6.7	)%
	Joint Ventures Non-real estate depreciation ⁽¹⁾	57			56			1.8	%		57			113			112			0.9	%
	NOI	$	211,689		$	205,170		3.2	%		$	203,783		$	415,473		$	407,185		2.0	%

Cash Adjustments
	Non-cash adjustments	$	(3,895	)	$	(2,196	)	77.4	%		$	(508	)	$	(4,403	)	$	(5,453	)	(19.3	)%
	Joint Venture non-cash adjustments ⁽¹⁾	(18,681		)	(8,529		)	119.0	%		(19,389		)	(38,072		)	(18,133		)	110.0	%
	Cash NOI	$	189,113		$	194,445		(2.7	)%		$	183,886		$	372,998		$	383,599		(2.8	)%

Operating Margins
	NOI to real estate revenue, net	58.8		%	58.6		%				57.6		%	58.2		%	58.0		%
	Cash NOI to real estate revenue, net	52.6		%	55.5		%				52.0		%	52.3		%	54.7		%

	NOI before operating lease rent/real estate revenue, net	61.7		%	61.5		%				60.5		%	61.1		%	61.0		%
	Cash NOI before operating lease rent/real estate revenue, net	55.2		%	58.2		%				54.7		%	54.9		%	57.4		%

⁽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.



				Principal					2019		Initial		Principal		As-Of
			Ownership	Outstanding					Principal		Maturity		Due at		Right	Earliest
Fixed rate debt			Interest (%)	6/30/2019			Coupon (1)		Amortization		Date		Maturity		Extension	Prepayment (2)
Secured fixed rate debt
	762 Madison Avenue		90.0	$	771		5.00%		—		Feb-22		771		—	Open
	100 Church Street		100.0	211,429			4.68%		3,885		Jul-22		197,784		—	Apr-22
	420 Lexington Avenue		100.0	300,000			3.99%		835		Oct-24		272,749		—	Jul-24
	400 East 58th Street		90.0	39,516			3.00%		837		Nov-26		33,840		—	Open
	Landmark Square		100.0	100,000			4.90%		—		Jan-27		100,000		—	Oct-26
	485 Lexington Avenue		100.0	450,000			4.25%		—		Feb-27		450,000		—	Oct-26
	1080 Amsterdam		92.5	35,466			3.59%		684		Feb-27		29,527		—	Open
	315 West 33rd Street - The Olivia		100.0	250,000			4.17%		—		Feb-27		250,000		—	Open
				$	1,387,182		4.24%		$	6,241			$	1,334,671
Unsecured fixed rate debt
	Unsecured notes			$	250,000		7.75%		$	—	Mar-20		$	250,000	—	Open
	Unsecured notes			499,642			3.25%		—		Oct-22		500,000		—	Open
	Unsecured notes			303,663			4.50%		—		Dec-22		300,000		—	Open
	Term loan (swapped)			1,000,000			3.19%	(3)	—		Mar-23	(3)	1,000,000		—	Open
	Unsecured notes			100,000			4.27%		—		Dec-25		100,000		—	Open
				$	2,153,305		3.97%		$	—			$	2,150,000

		Total Fixed Rate Debt		$	3,540,487		4.07%		$	6,241			$	3,484,671
Floating rate debt
Secured floating rate debt
	Debt & preferred equity facility (LIBOR + 232 bps)			$	282,132		4.72%	(4)	—		Jun-20		282,132		—	Open
	FHLB Facility (LIBOR + 20.5 bps)			13,000			2.60%		—		Aug-19		13,000		—	Open
	FHLB Facility (LIBOR + 18 bps)			14,500			2.58%		—		Dec-19		14,500		—	Open
	FHLB Facility (LIBOR + 26 bps)			10,000			2.66%		—		Jan-20		10,000		—	Open
	133 Greene Street (LIBOR + 200 bps)		100.0	15,523			4.40%		—		Aug-20		15,523		—	Open
	106 Spring Street (LIBOR + 250 bps)		100.0	38,025			4.90%		—		Jan-21		38,025		—	Open
	609 Fifth Avenue (LIBOR + 240 bps)		100.0	51,185			4.80%		—		Mar-21		51,185		Mar-22	Open
	185 Broadway (LIBOR + 285 bps)		100.0	111,869			5.25%		—		Nov-21		111,869		—	Open
	712 Madison Avenue (LIBOR + 250 bps)		100.0	28,000			4.90%		—		Dec-21		28,000		—	Open
	460 West 34th Street (LIBOR + 222.5 bps)		70.9	299,941			4.62%		—		May-22		299,941		—	Open
	115 Spring Street (LIBOR + 340 bps)		100.0	65,550			5.80%		—		Sep-23		65,550		—	Open
	719 Seventh Avenue (LIBOR + 120 bps)		75.0	50,000			3.60%		—		Sep-23		50,000		—	Open
				$	979,725		4.69%		$	—			$	979,725
Unsecured floating rate debt
	Unsecured notes (3mo. LIBOR + 98 bps)			$	350,000		3.30%		$	—	Aug-21		$	350,000	—	Aug-19
	Revolving credit facility (LIBOR + 100 bps)			670,000			3.40%		—		Mar-22		790,000		Mar-23	Open
	Term loan (LIBOR + 110 bps)			300,000			3.50%		—		Mar-23		300,000		—	Open
	Term loan (LIBOR + 165 bps)			200,000			4.05%	(5)	—		Nov-24		200,000		—	Open
	Junior subordinated deferrable interest debentures (3mo. LIBOR + 125 bps)			100,000			3.57%		—		Jul-35		100,000		—	Open
				$	1,620,000		3.49%		$	—			$	1,740,000

		Total Floating Rate Debt		$	2,599,725		3.94%		$	—			$	2,719,725

		Total Debt - Consolidated		$	6,140,212		4.02%		$	6,241			$	6,204,396

		Deferred financing costs		(57,423		)
		Total Debt - Consolidated, net		$	6,082,789		4.02%

		Total Debt - Joint Venture, net		$	3,749,889		4.22%

	Total Debt including SLG share of unconsolidated JV Debt			$	9,940,109		4.09%
	Weighted Average Balance & Interest Rate for the quarter, including SLG share of JV Debt			$	9,940,052		4.13%

(1) Coupon for floating rate debt determined using the effective 1-month LIBOR rate at the end of the quarter of 2.40% or the 3-month LIBOR rate at the end of the quarter of 2.32%. Coupon for loans that are subject to LIBOR floors were determined using the LIBOR floors.
(2) Loans noted as "open" may be subject to certain fees, premiums or penalties.
(3) Represents a blended fixed rate inclusive of the effect of the following swaps: $200 million @ 1.93% maturing November 2020, $200 million @ 1.13% and $100 million @ 1.16% maturing July 2023, $150 million @ 2.70% maturing January 2024, $200 million @ 2.74% and $150 million @ 2.72% maturing January 2026.
(4) The debt and preferred equity facility bears interest on a floating rate basis at a spread to 1-month LIBOR based on the pledged collateral and advance rate.
(5) Entered into an agreement to reduce the interest rate spread by 65 basis points to LIBOR + 100 bps. This reduction will be effective in November 2019.



				Principal Outstanding									2019			Initial		Principal			As-Of
			Ownership	6/30/19									Principal Amortization			Maturity		Due at Maturity			Right	Earliest
Fixed rate debt			Interest (%)	Gross Principal				SLG Share			Coupon (1)		(SLG Share)			Date		(SLG Share)			Extension	Prepayment (2)
	717 Fifth Avenue (mortgage)		10.9	$	300,000			$	32,748		4.45%		$	—		Jul-22		$	32,748		—	Open
	717 Fifth Avenue (mezzanine)		10.9	355,328				38,788			5.50%		—			Jul-22		38,788			—	Mar-22
	650 Fifth Avenue (mortgage)		50.0	210,000				105,000			4.46%		—			Oct-22		105,000			—	Open
	650 Fifth Avenue (mezzanine)		50.0	65,000				32,500			5.45%		—			Oct-22		32,500			—	Open
	21 East 66th Street		32.3	12,000				3,874			3.60%		—			Apr-23		3,874			—	Open
	919 Third Avenue		51.0	500,000				255,000			5.12%		—			Jun-23		255,000			—	Feb-23
	1515 Broadway		56.9	847,250				481,823			3.93%		9,855			Mar-25		419,372			—	Sep-24
	11 Madison Avenue		60.0	1,400,000				840,000			3.84%		—			Sep-25		840,000			—	Mar-25
	800 Third Avenue (swapped)		60.5	177,000				107,120			3.37%		—			Feb-26		107,120			—	Open
	400 East 57th Street		41.0	98,790				40,504			3.00%		858			Nov-26		35,889			—	Open
	Worldwide Plaza		24.4	1,200,000				292,200			3.98%		—			Nov-27		292,200			—	Jul-27
	Stonehenge Portfolio		Various	196,112			(3)	11,289			3.50%		—			Various	(3)	10,373			—	Open
	Total Fixed Rate Debt			$	5,361,480			$	2,240,846		4.07%	(4)	$	10,713				$	2,172,864
Floating rate debt
	280 Park Avenue (LIBOR + 173 bps)		50.0	$	1,200,000			$	600,000		4.13%		$	—		Sep-19		$	600,000		Sep-24	Open
	121 Greene Street (LIBOR + 150 bps)		50.0	15,000				7,500			3.90%		—			Nov-19		7,500			—	Open
	10 East 53rd Street (LIBOR + 225 bps)		55.0	170,000				93,500			4.65%		—			Feb-20		93,500			—	Open
	1552 Broadway (LIBOR + 265 bps)		50.0	195,000				97,500			5.05%		—			Oct-20		97,500			—	Open
	55 West 46th Street - Tower 46 (LIBOR + 212.5 bps)		25.0	190,718				47,680			4.52%		—			Nov-20		47,680			—	Open
	11 West 34th Street (LIBOR + 145 bps)		30.0	23,000				6,900			3.85%		—			Jan-21		6,900			Jan-23	Open
	100 Park Avenue (LIBOR + 175 bps)		49.9	358,809				179,046			4.15%		1,512			Feb-21		175,858			—	Open
	One Vanderbilt (LIBOR + 275 bps)		71.0	478,708				339,930			5.15%		—			Sep-21		339,930			—	Open
	2 Herald Square (LIBOR + 155 bps)		51.0	150,000				76,500			3.95%		—			Nov-21		76,500			—	Open
	605 West 42nd Street - Sky (LIBOR + 144 bps)		20.0	550,000				110,000			3.84%		—			Aug-27		110,000			—	Open
	21 East 66th Street (T 12 mos + 275 bps)		32.3	1,534				495			4.67%		28			Jun-33		4			—	Open
	Total Floating Rate Debt			$	3,332,769			$	1,559,051		4.42%	(4)	$	1,540				$	1,555,372
	Total unconsolidated JV Debt			$	8,694,249			$	3,799,897		4.22%	(4)	$	12,253				$	3,728,236
		Deferred financing costs		(102,858		)		(50,008		)
	Total unconsolidated JV Debt, net			$	8,591,391			$	3,749,889		4.22%

(1) Coupon for floating rate debt determined using the effective 1-month LIBOR rate at the end of the quarter of 2.40%. Coupon for loans that are subject to LIBOR floors were determined using the LIBOR floors.
(2) Loans noted as "open" may be subject to certain fees, premiums or penalties.
(3) Amount is comprised of $132.6 million and $63.5 million in fixed-rate mortgages that mature in April 2028 and July 2029, respectively.
(4) The weighted average coupon is calculated based on SL Green's share of the outstanding debt.

	SL GREEN REALTY CORP.											Composition of Debt

	Revolving Credit Facility Covenants												Fixed Rate Debt
			Actual	Required												Consolidated		$	3,540,487
	Total Debt / Total Assets		39.5%	Less than 60%											SLG Share of JV			2,240,846
	Fixed Charge Coverage		2.44x	Greater than 1.4x											Total Fixed Rate Debt			$	5,781,333		58.2%
	Maximum Secured Indebtedness		15.6%	Less than 50%
	Maximum Unencumbered Leverage Ratio		43.0%	Less than 60%									Floating Rate Debt
																Consolidated		$	2,599,725
	Unsecured Notes Covenants														SLG Share of JV			1,559,051
			Actual	Required														4,158,776
	Total Debt / Total Assets		40.4%	Less than 60%								Debt & Preferred Equity and Other Investments						(1,303,224		)
	Secured Debt / Total Assets		22.4%	Less than 40%									Total Floating Rate Debt					$	2,855,552		28.7%
	Debt Service Coverage		2.81x	Greater than 1.5x
	Unencumbered Assets / Unsecured Debt		271.8%	Greater than 150%												Total Debt		$	9,940,109




	2019 Scheduled			2020 Scheduled			2021 Scheduled			2022 Scheduled					Lease		Year of Final
Property	Cash Payment			Cash Payment			Cash Payment			Cash Payment				Liabilities ⁽¹⁾			Expiration ⁽²⁾

Consolidated Ground Lease Arrangements

Operating Leases
1185 Avenue of the Americas		$	6,909		$	6,909		$	6,909		$	6,909			$	96,756	2043
625 Madison Avenue		4,613			4,613			4,613			2,306		(3)		13,056		2054
420 Lexington Avenue		10,899			11,174			11,199			11,199				181,899		2080
711 Third Avenue		5,500			5,500			5,500			5,500				57,016		2083	(4)
461 Fifth Avenue		2,100			2,100			2,250			2,400				15,692		2084	(5)
1055 Washington Blvd, Stamford		615			615			615			615				10,095		2090
1080 Amsterdam Avenue		226			314			314			314				7,169		2111
30 East 40th Street		204			212			229			229				5,276		2114
Other		41			71			73			76				643		Various
Total		$	31,107		$	31,508		$	31,702		$	29,548			$	387,602

Financing Leases
1080 Amsterdam Avenue		$	315		$	436		$	436		$	436			$	22,228	2111
30 East 40th Street		2,096			2,183			2,358			2,358				21,806		2114
Total		$	2,411		$	2,619		$	2,794		$	2,794			$	44,034

Unconsolidated Joint Venture Ground Lease Arrangements (SLG Share)

Operating Leases
650 Fifth Avenue (Floors 4-6)		$	1,645		$	1,645		$	1,659		$	1,790			$	18,977	2053
650 Fifth Avenue (Floors b-3)		1,284			1,284			1,284			1,283				27,354		2062
1560 Broadway		6,491			6,811			6,861			6,861				77,462		2114
333 East 22nd Street		217			217			222			238				5,223		2115
Total		$	9,637		$	9,957		$	10,026		$	10,172			$	129,016

Financing Leases
650 Fifth Avenue (Floors b-3)		$	6,695		$	6,695		$	6,695		$	6,695			$	96,757	2062
2 Herald Square		6,795			6,943			7,107			7,285				226,355		2077	(5)
Total		$	13,490		$	13,638		$	13,802		$	13,980			$	323,112

(1) Per the balance sheet at June 30, 2019.
(2) Reflects exercise of all available renewal options.
(3) Reflects known cash payments through ground rent reset date.
(4) Reflects 50% of the annual ground rent payment as the Company owns 50% of the fee interest.
(5) The Company has an option to purchase the ground lease for a fixed price on a specific date.



						Weighted Average Book			Weighted Average		Weighted Average Yield
	Book Value ⁽¹⁾					Value During Quarter			Yield During Quarter ⁽²⁾		At End Of Quarter ⁽³⁾

6/30/2018		$	2,168,515				$	2,211,777		8.80%		8.84%

Debt investment originations/fundings/accretion⁽⁴⁾		53,275
Preferred Equity investment originations/accretion⁽⁴⁾		2,128
Redemptions/Sales/Syndications/Amortization		(246,861		)
9/30/2018		$	1,977,057				$	2,072,310		8.70%		8.68%

Debt investment originations/fundings/accretion⁽⁴⁾		171,832
Preferred Equity investment originations/accretion⁽⁴⁾		145,399
Redemptions/Sales/Syndications/Amortization		(194,895		)
12/31/2018		$	2,099,393				$	2,053,913		8.88%		9.01%

Debt investment originations/fundings/accretion⁽⁴⁾		436,819
Preferred Equity investment originations/accretion⁽⁴⁾		3,416
Redemptions/Sales/Syndications/Amortization		(267,387		)
3/31/2019		$	2,272,241				$	2,239,180		8.76%		8.78%

Debt investment originations/fundings/accretion⁽⁴⁾		98,878
Preferred Equity investment originations/accretion⁽⁴⁾		3,807
Redemptions/Sales/Syndications/Amortization		(146,014		)
6/30/2019		$	2,228,912		⁽⁵⁾		$	2,216,132		8.99%		9.05%


(1) Net of unamortized fees, discounts, and premiums.
(2) Excludes accelerated fee income resulting from early repayment.
(3) Calculated based on accounting income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter, excluding accelerated fee income resulting from early repayment.
(4) Includes funded future funding obligations, amortization of fees and discounts and paid-in-kind investment income.
(5) Excludes debt and preferred equity investments totaling $34.5 million with a weighted average current yield of 6.57% that are included in other balance sheet line items.



	Ownership			# of	Usable	% of Total		Occupancy (%)										Annualized		Annualized Cash Rent		Total
Properties	Interest (%)	SubMarket	Ownership	Bldgs	Sq. Feet	Sq. Feet		Jun-19		Mar-19		Dec-18		Sep-18		Jun-18		Cash Rent ($'s)		100%	SLG%	Tenants
CONSOLIDATED PROPERTIES
"Same Store"
30 East 40th Street	60.0	Grand Central South	Leasehold Interest	1	69,446	0.3		93.9		94.9		94.3		92.9		91.6			$5,126		0.2	56
100 Church Street	100.0	Downtown	Fee Interest	1	1,047,500	4.0		99.3		99.6		99.6		99.6		98.8		47,437		5.4	3.7	19
110 East 42nd Street	100.0	Grand Central	Fee Interest	1	215,400	0.8		84.0		85.4		79.2		77.5		77.1		10,976		1.2	0.9	25
110 Greene Street	100.0	Soho	Fee Interest	1	223,600	0.9		93.3		90.3		77.3		83.0		83.5		15,490		1.8	1.2	61
125 Park Avenue	100.0	Grand Central	Fee Interest	1	604,245	2.3		95.5		94.5		99.5		99.6		99.6		43,008		4.9	3.3	27
220 East 42nd Street	100.0	Grand Central	Fee Interest	1	1,135,000	4.4		90.9		90.9		88.8		89.3		62.5		63,867		7.2	5.0	36
304 Park Avenue South	100.0	Midtown South	Fee Interest	1	215,000	0.8		100.0		97.8		100.0		91.9		100.0		16,842		1.9	1.3	10
420 Lexington Ave (Graybar)	100.0	Grand Central North	Leasehold Interest	1	1,188,000	4.6		93.0		93.1		95.7		95.4		96.8		82,120		9.3	6.4	195
461 Fifth Avenue	100.0	Midtown	Leasehold Interest ⁽¹⁾	1	200,000	0.8		82.2		79.0		79.0		79.0		79.0		15,525		1.8	1.2	11
485 Lexington Avenue	100.0	Grand Central North	Fee Interest	1	921,000	3.6		84.2		84.2		81.0		81.0		76.4		56,821		6.4	4.4	29
555 West 57th Street	100.0	Midtown West	Fee Interest	1	941,000	3.6		99.9		99.9		99.9		99.9		99.9		45,019		5.1	3.5	9
625 Madison Avenue	100.0	Plaza District	Leasehold Interest	1	563,000	2.2		97.1		98.0		98.8		98.8		98.8		57,653		6.5	4.5	23
635 Sixth Avenue	100.0	Midtown South	Fee Interest	1	104,000	0.4		100.0		100.0		100.0		100.0		100.0		9,800		1.1	0.8	2
641 Sixth Avenue	100.0	Midtown South	Fee Interest	1	163,000	0.6		100.0		100.0		100.0		100.0		100.0		15,061		1.7	1.2	6
711 Third Avenue	100.0 ⁽²⁾	Grand Central North	Leasehold Interest ⁽²⁾	1	524,000	2.0		97.0		97.0		93.7		90.3		89.3		35,462		4.0	2.8	22
750 Third Avenue	100.0	Grand Central North	Fee Interest	1	780,000	3.0		92.7		93.3		98.0		96.5		98.9		45,940		5.2	3.6	28
810 Seventh Avenue	100.0	Times Square	Fee Interest	1	692,000	2.7		93.8		97.6		97.6		94.2		95.8		47,810		5.4	3.7	49
1185 Avenue of the Americas	100.0	Rockefeller Center	Leasehold Interest	1	1,062,000	4.1		92.7		85.6		85.5		82.2		96.7		92,685		10.5	7.2	14
1350 Avenue of the Americas	100.0	Rockefeller Center	Fee Interest	1	562,000	2.2		91.2		89.5		89.8		88.5		88.5		42,213		4.8	3.3	39
1 Madison Avenue	100.0	Park Avenue South	Fee Interest	1	1,176,900	4.5		100.0		100.0		100.0		100.0		100.0		74,941		8.5	5.8	2

Subtotal / Weighted Average				20	12,387,091	47.8	%	94.2	%	93.7	%	93.7	%	92.8	%	91.7	%		$823,796	92.6%	64.0%	663

Total / Weighted Average Consolidated Properties				20	12,387,091	47.8	%	94.2	%	93.7	%	93.7	%	92.8	%	91.7	%		$823,796	92.6%	64.0%	663


UNCONSOLIDATED PROPERTIES
"Same Store"
10 East 53rd Street	55.0	Plaza District	Fee Interest	1	354,300	1.4		95.4		95.4		83.7		83.7		83.7			$33,024		1.4	40
11 Madison Avenue	60.0	Park Avenue South	Fee Interest	1	2,314,000	8.9		95.7		100.0		100.0		100.0		100.0		152,401			7.1	10
100 Park Avenue	50.0	Grand Central South	Fee Interest	1	834,000	3.2		78.6		79.0		90.0		91.2		92.0		55,255			2.2	30
280 Park Avenue	50.0	Park Avenue	Fee Interest	1	1,219,158	4.7		91.1		89.5		89.5		92.8		92.8		117,034			4.6	38
800 Third Avenue	60.5	Grand Central North	Fee Interest	1	526,000	2.0		91.9		93.1		93.1		92.4		96.4		36,001			1.7	43
919 Third Avenue	51.0	Grand Central North	Fee Interest	1	1,454,000	5.6		100.0		100.0		100.0		100.0		100.0		98,564			3.9	9
Added to Same Store in 2019
55 West 46th Street - Tower 46	25.0	Midtown	Fee Interest	1	347,000	1.3		86.5		73.5		72.1		62.4		58.2		25,071			0.5	14
1515 Broadway	57.0	Times Square	Fee Interest	1	1,750,000	6.8		94.9		98.5		98.5		98.5		98.5		132,215			5.9	12
Worldwide Plaza	24.4	Westside	Fee Interest	1	2,048,725	7.9		96.8		96.9		96.9		98.5		98.5		139,129			2.6	25

Subtotal / Weighted Average				9	10,847,183	41.9	%	94.0	%	95.0	%	95.5	%	95.9	%	96.0	%		$788,694		29.8%	221

"Non Same Store"
2 Herald Square	51.0	Herald Square	Leasehold Interest	1	369,000	1.4		73.6		73.6		73.4		81.6		81.6			$27,068		1.1	4

Subtotal / Weighted Average				1	369,000	1.4	%	73.6	%	73.6	%	73.4	%	81.6	%	81.6	%		$27,068		1.1%	4

Total / Weighted Average Unconsolidated Properties				10	11,216,183	43.3	%	93.4	%	94.3	%	94.7	%	95.4	%	95.5	%		$815,762		30.9%	225


Manhattan Operating Properties Grand Total / Weighted Average				30	23,603,274	91.1	%	93.8	%	94.0	%	94.2	%	94.1	%	93.5	%		$1,639,558			888
Manhattan Operating Properties Grand Total - SLG share of Annualized Rent																			$1,218,855		94.9%
Manhattan Operating Properties Same Store Occupancy %					23,234,274	98.4	%	94.1	%	94.3	%	94.5	%	94.3	%	93.7	%
Manhattan Operating Properties Same Store Leased Occupancy %								95.2	%	95.8	%	96.0	%	96.1	%	96.0	%


(1) The Company has an option to acquire the fee interest for a fixed price on a specific date.
(2) The Company owns 50% of the fee interest.



	Ownership			# of	Usable	% of Total		Occupancy (%)										Annualized		Annualized Cash Rent				Total
Properties	Interest (%)	SubMarket	Ownership	Bldgs	Sq. Feet	Sq. Feet		Jun-19		Mar-19		Dec-18		Sep-18		Jun-18		Cash Rent ($'s)		100%		SLG%		Tenants
CONSOLIDATED PROPERTIES
"Same Store" Westchester, New York
100 Summit Lake Drive	100.0	Valhalla, New York	Fee Interest	1	250,000	1.0		97.5		97.5		97.5		92.9		92.9			$6,383	0.7		0.5		15
200 Summit Lake Drive	100.0	Valhalla, New York	Fee Interest	1	245,000	0.9		90.0		86.1		86.1		87.3		87.3		5,714		0.6		0.4		7
500 Summit Lake Drive	100.0	Valhalla, New York	Fee Interest	1	228,000	0.9		99.9		99.9		99.9		100.0		100.0		6,295		0.7		0.5		9
360 Hamilton Avenue	100.0	White Plains, New York	Fee Interest	1	384,000	1.5		91.9		97.3		100.0		100.0		100.0		14,726		1.7		1.1		21
"Same Store" Westchester, New York Subtotal/Weighted Average				4	1,107,000	4.3	%	94.4	%	95.4	%	96.3	%	95.6	%	95.6	%		$33,118	3.7	%	2.6	%	52

"Same Store" Connecticut
1 Landmark Square	100.0	Stamford, Connecticut	Fee Interest	1	312,000	1.2		84.3		85.9		88.4		87.7		87.4			$8,956	1.0		0.7		56
2 Landmark Square	100.0	Stamford, Connecticut	Fee Interest	1	46,000	0.2		99.5		99.5		99.5		97.0		97.0		1,181		0.1		0.1		9
3 Landmark Square	100.0	Stamford, Connecticut	Fee Interest	1	130,000	0.5		59.2		57.8		58.0		70.9		75.4		2,713		0.3		0.2		17
4 Landmark Square	100.0	Stamford, Connecticut	Fee Interest	1	105,000	0.4		86.4		88.0		85.3		85.3		92.4		3,144		0.4		0.2		14
5 Landmark Square	100.0	Stamford, Connecticut	Fee Interest	1	61,000	0.2		99.3		98.6		98.6		98.6		98.6		1,020		0.1		0.1		10
6 Landmark Square	100.0	Stamford, Connecticut	Fee Interest	1	172,000	0.7		93.7		93.7		93.7		93.7		93.7		4,256		0.5		0.3		7
7 Landmark Square	100.0	Stamford, Connecticut	Fee Interest	1	36,800	0.1		100.0		100.0		100.0		100.0		100.0		766		0.1		0.1		2
1055 Washington Boulevard	100.0	Stamford, Connecticut	Leasehold Interest	1	182,000	0.7		88.5		85.5		85.5		85.5		84.7		6,057		0.7		0.5		25
1010 Washington Boulevard	100.0	Stamford, Connecticut	Fee Interest	1	143,400	0.6		87.0		87.0		89.7		90.4		90.4		4,284		0.5		0.3		25
"Same Store" Connecticut Subtotal/Weighted Average				9	1,188,200	4.6	%	85.9	%	85.8	%	86.6	%	87.8	%	88.7	%		$32,376	3.7	%	2.5	%	165

Total / Weighted Average Consolidated Properties				13	2,295,200	8.9	%	90.0	%	90.4	%	91.3	%	91.6	%	92.0	%		$65,494	7.4	%	5.1	%	217


Suburban Operating Properties Grand Total / Weighted Average				13	2,295,200	8.9	%	90.0	%	90.4	%	91.3	%	91.6	%	92.0	%		$65,494					217
Suburban Operating Properties Grand Total - SLG share of Annualized Rent																			$65,494			5.1	%
Suburban Operating Properties Same Store Occupancy %					2,295,200	100.0	%	90.0	%	90.4	%	91.3	%	91.6	%	92.0	%
Suburban Operating Properties Same Store Leased Occupancy %								90.0	%	91.1	%	91.8	%	92.1	%	92.2	%



	Ownership			# of	Usable	% of Total		Occupancy (%)										Annualized		Annualized			Total
Properties	Interest (%)	SubMarket	Ownership	Bldgs	Sq. Feet	Sq. Feet		Jun-19		Mar-19		Dec-18		Sep-18		Jun-18		Cash Rent ($'s)		Cash Rent (SLG%)			Tenants

"Same Store" Retail
11 West 34th Street	30.0	Herald Square/Penn Station	Fee Interest	1	17,150	2.6		100.0		100.0		100.0		100.0		100.0			$2,946	1.0			1
21 East 66th Street	32.3	Plaza District	Fee Interest	1	13,069	2.0		100.0		100.0		100.0		100.0		100.0		3,635		1.4			1
115 Spring Street	100.0	Soho	Fee Interest	1	5,218	0.8		100.0		100.0		100.0		100.0		100.0		3,606		4.2			1
121 Greene Street	50.0	Soho	Fee Interest	1	7,131	1.1		100.0		100.0		100.0		100.0		100.0		1,639		1.0			2
315 West 33rd Street - The Olivia	100.0	Penn Station	Fee Interest	1	270,132	40.8		100.0		100.0		100.0		99.4		99.4		16,605		19.3			10
717 Fifth Avenue	10.9	Midtown/Plaza District	Fee Interest	1	119,550	18.1		100.0		100.0		100.0		100.0		100.0		51,223		6.5			6
752-760 Madison Avenue	100.0	Plaza District	Fee Interest	1	21,124	3.2		100.0		100.0		100.0		100.0		100.0		15,312		17.8			1
762 Madison Avenue	90.0	Plaza District	Fee Interest	1	6,109	0.9		100.0		100.0		100.0		100.0		100.0		1,942		2.0			5
Williamsburg Terrace	100.0	Brooklyn, New York	Fee Interest	1	52,000	7.9		100.0		100.0		100.0		100.0		100.0		1,801		2.1			3
1552-1560 Broadway	50.0	Times Square	Fee Interest	2	57,718	8.7		88.3		88.3		88.3		88.3		67.5		28,615		16.6			3
Subtotal/Weighted Average				11	569,201	86.0	%	98.8	%	98.8	%	98.8	%	98.5	%	96.4	%		$127,324	71.9		%	33

"Non Same Store" Retail
133 Greene Street	100.0	Soho	Fee Interest	1	6,425	1.0		100.0		100.0		100.0		N/A		N/A			$590	0.7			1
650 Fifth Avenue	50.0	Plaza District	Leasehold Interest	1	69,214	10.5		100.0		100.0		100.0		100.0		100.0		34,186		19.9			1
712 Madison Avenue	100.0	Plaza District	Fee Interest	1	6,600	1.0		100.0		100.0		100.0		N/A		N/A		3,392		3.9			1
719 Seventh Avenue	75.0	Times Square	Fee Interest	1	10,040	1.5		100.0		100.0		100.0		100.0		—		4,100		3.6			1
Subtotal/Weighted Average				4	92,279	14.0	%	100.0	%	100.0	%	100.0	%	100.0	%	87.3	%		$42,268	28.1		%	4

Total / Weighted Average Retail Properties				15	661,480	100.0	%	99.0	%	99.0	%	99.0	%	98.7	%	95.3	%		$169,592	100.0		%	37



Residential Properties
	Ownership			# of	Useable	Total		Occupancy (%)										Average Monthly ⁽¹⁾		Annualized			Annualized
Properties	Interest (%)	SubMarket	Ownership	Bldgs	Sq. Feet	Units		Jun-19		Mar-19		Dec-18		Sep-18		Jun-18		Rent Per Unit ($'s)		Cash Rent ($'s)			Cash Rent (SLG %)

"Same Store" Residential
315 West 33rd Street - "The Olivia"	100.0	Penn Station	Fee Interest		222,855	333		94.9		96.1		96.1		95.8		95.5			$4,192		$15,847		37.7
400 East 57th Street	41.0	Upper East Side	Fee Interest	1	290,482	263		95.8		95.4		92.8		91.6		90.8		3,767		12,905			12.6
400 East 58th Street	90.0	Upper East Side	Fee Interest	1	140,000	126		93.7		96.8		95.2		95.2		95.2		3,660		5,731			12.3
1080 Amsterdam	92.5	Upper West Side	Leasehold Interest	1	82,250	97		92.7		90.6		94.8		99.0		95.8		4,135		4,742			10.4
Stonehenge Portfolio	Various		Fee Interest	6	445,934	538		96.1		94.8		94.3		95.4		95.2		3,838		27,053			1.7
605 West 42nd Street - Sky	20.0	Westside	Fee Interest	1	927,358	1,175		93.5		90.9		86.0		88.9		82.9		3,626		53,161			25.3
Subtotal/Weighted Average				10	2,108,879	2,532		94.5	%	93.2	%	90.6	%	92.2	%	89.1	%		$3,782		$119,440		100.0	%

Total / Weighted Average Residential Properties				10	2,108,879	2,532		94.5	%	93.2	%	90.6	%	92.2	%	89.1	%		$3,782	$119,440


(1) Calculated based on occupied units. Amounts in dollars.



	Ownership			# of	Usable	% of Total		Occupancy (%)										Annualized		Annualized		Gross R/E		Total
Properties	Interest (%)	SubMarket	Ownership	Bldgs	Sq. Feet	Sq. Feet		Jun-19		Mar-19		Dec-18		Sep-18		Jun-18		Cash Rent ($'s)		Cash Rent (SLG%)		Book Value		Tenants

Development / Redevelopment
19-21 East 65th Street	100.0	Plaza District	Fee Interest	2	23,610	2.7		3.6		3.6		18.0		17.0		17.0			$31	0.1			$10,020	1
106 Spring Street	100.0	Lower Manhattan	Fee Interest	1	5,928	0.7		—		N/A		N/A		N/A		N/A		—		—		80,155		—
460 West 34th Street	70.9	Soho	Fee Interest	1	638,000	73.2		76.3		N/A		N/A		N/A		N/A		15,465		29.9		461,108		19
562 Fifth Avenue ⁽¹⁾	100.0	Plaza District	Fee Interest	1	42,635	4.9		100.0		100.0		100.0		100.0		100.0		4,500		12.3		68,753		1
609 Fifth Avenue	100.0	Rockefeller Center	Fee Interest	1	160,000	18.4		96.0		96.0		96.0		—		3.0		21,119		57.7		254,074		3
1640 Flatbush Avenue	100.0	Brooklyn, New York	Fee Interest	1	1,000	0.1		—		—		—		—		—		—		—		7,300		—
Total / Weighted Average Development / Redevelopment Properties				7	871,173	100.0	%	78.5	%	86.7	%	88.2	%	20.5	%	22.6	%		$41,115	100.0	%		$881,410	24


(1) Subject to a long-term, third party net operating lease. The lease contains a property purchase option for $100.0 million with annual escalations in the purchase price starting in December 2018.



	Ownership			# of	Usable	% of Total		Occupancy (%)										Annualized Retail		Annualized Retail Cash Rent				Total
Properties	Interest (%)	SubMarket	Ownership	Bldgs	Sq. Feet	Sq. Feet		Jun-19		Mar-19		Dec-18		Sep-18		Jun-18		Cash Rent ($'s)		100%		SLG		Tenants

HIGH STREET RETAIL - Consolidated Properties
106 Spring Street ⁽¹⁾	100.0	Soho	Fee Interest	1	5,928	0.3		—		N/A		N/A		N/A		N/A			$—	—		—		—
115 Spring Street	100.0	Soho	Fee Interest	1	5,218	0.3		100.0		100.0		100.0		100.0		100.0		3,606		1.1		1.7		1
133 Greene Street	100.0	Soho	Fee Interest	1	6,425	0.4		100.0		100.0		100.0		N/A		N/A		590		0.2		0.3		1
315 West 33rd Street - "The Olivia"	100.0	Penn Station	Fee Interest	1	217,519	12.3		100.0		100.0		100.0		99.4		99.4		13,031		4.0		6.3		9
712 Madison Avenue	100.0	Plaza District	Fee Interest	1	6,600	0.4		100.0		100.0		100.0		N/A		N/A		3,392		1.0		1.6		1
719 Seventh Avenue	75.0	Times Square	Fee Interest	1	10,040	0.6		100.0		100.0		100.0		100.0		—		4,100		1.3		1.5		1
752-760 Madison Avenue	100.0	Plaza District	Fee Interest	1	21,124	1.2		100.0		100.0		100.0		100.0		100.0		15,312		4.7		7.4		1
762 Madison Avenue	90.0	Plaza District	Fee Interest	1	6,109	0.3		100.0		100.0		100.0		100.0		100.0		1,942		0.6		0.8		5
Williamsburg Terrace	100.0	Brooklyn, New York	Fee Interest	1	52,000	2.9		100.0		100.0		100.0		100.0		100.0		1,801		0.6		0.9		3
1640 Flatbush Avenue ⁽¹⁾	100.0	Brooklyn, New York	Fee Interest	1	1,000	0.1		—		—		—		—		—		—		—		—		—

Subtotal / Weighted Average				10	331,963	18.7	%	97.9	%	97.9	%	99.7	%	99.3	%	96.1	%		$43,774	13.4	%	20.5	%	22

HIGH STREET RETAIL - Unconsolidated Properties
11 West 34th Street	30.0	Herald Square/Penn Station	Fee Interest	1	17,150	1.0		100.0		100.0		100.0		100.0		100.0			$2,946	0.9		0.4		1
21 East 66th Street	32.3	Plaza District	Fee Interest	1	13,069	0.7		100.0		100.0		100.0		100.0		100.0		3,635		1.1		0.6		1
121 Greene Street	50.0	Soho	Fee Interest	1	7,131	0.4		100.0		100.0		100.0		100.0		100.0		1,639		0.5		0.4		2
650 Fifth Avenue	50.0	Plaza District	Leasehold Interest	1	69,214	3.9		100.0		100.0		100.0		100.0		100.0		34,186		10.5		8.2		1
717 Fifth Avenue	10.9	Midtown/Plaza District	Fee Interest	1	119,550	6.7		100.0		100.0		100.0		100.0		100.0		51,223		15.7		2.7		6
1552-1560 Broadway	50.0	Times Square	Fee Interest	2	57,718	3.3		88.3		88.3		88.3		88.3		67.5		28,615		8.8		6.9		3

Subtotal / Weighted Average				7	283,832	16.0	%	97.6	%	97.6	%	97.6	%	97.6	%	93.4	%		$122,244	37.5	%	19.2	%	14

Total / Weighted Average Prime Retail				17	615,795	34.7	%	97.8	%	98.7	%	98.7	%	98.5	%	94.8	%		$166,018	50.9	%	39.7	%	36


OTHER RETAIL - Consolidated Properties
30 East 40th Street	60.0	Grand Central South	Leasehold Interest	1	4,461	0.3		81.1		81.1		81.1		100.0		100.0			$456	0.1		0.1		4
100 Church Street	100.0	Downtown	Fee Interest	1	61,708	3.5		100.0		100.0		100.0		100.0		100.0		3,484		1.1		1.7		9
110 Greene Street	100.0	Soho	Fee Interest	1	16,121	0.9		86.8		86.8		98.7		98.7		98.7		2,667		0.8		1.3		3
125 Park Avenue	100.0	Grand Central	Fee Interest	1	32,124	1.8		100.0		79.9		100.0		100.0		100.0		4,935		1.5		2.4		7
220 East 42nd Street	100.0	Grand Central	Fee Interest	1	35,332	2.0		85.6		85.6		85.6		85.6		85.6		2,894		0.9		1.4		5
304 Park Avenue South	100.0	Midtown South	Fee Interest	1	25,330	1.4		100.0		100.0		100.0		100.0		100.0		3,545		1.1		1.7		6
400 East 58th Street	90.0	Upper East Side	Fee Interest	1	3,156	0.2		100.0		100.0		100.0		100.0		100.0		648		0.2		0.3		5
420 Lexington Ave (Graybar)	100.0	Grand Central North	Leasehold Interest	1	45,263	2.6		90.3		100.0		100.0		100.0		100.0		3,868		1.2		1.9		5
461 Fifth Avenue	100.0	Midtown	Leasehold Interest	1	16,248	0.9		100.0		100.0		100.0		100.0		100.0		2,362		0.7		1.1		2
485 Lexington Avenue	100.0	Grand Central North	Fee Interest	1	41,701	2.4		100.0		100.0		100.0		100.0		100.0		5,848		1.8		2.8		8
555 West 57th Street	100.0	Midtown West	Fee Interest	1	60,389	3.4		100.0		100.0		100.0		100.0		100.0		2,087		0.6		1.0		2
609 Fifth Avenue ⁽¹⁾	100.0	Rockefeller Center	Fee Interest	1	34,836	2.0		77.0		68.7		68.7		—		—		9,895		3.0		4.8		2
625 Madison Avenue	100.0	Plaza District	Leasehold Interest	1	74,937	4.2		91.3		100.0		100.0		100.0		100.0		17,378		5.3		8.4		18
635 Sixth Avenue	100.0	Midtown South	Fee Interest	1	23,250	1.3		100.0		100.0		100.0		100.0		100.0		3,434		1.1		1.7		1
641 Sixth Avenue	100.0	Midtown South	Fee Interest	1	28,500	1.6		100.0		100.0		100.0		100.0		100.0		3,767		1.2		1.8		2
711 Third Avenue	100.0	Grand Central North	Leasehold Interest	1	25,639	1.4		100.0		100.0		100.0		100.0		100.0		3,141		1.0		1.5		3
750 Third Avenue	100.0	Grand Central North	Fee Interest	1	24,827	1.4		72.3		72.3		72.3		72.3		100.0		2,576		0.8		1.2		6
810 Seventh Avenue	100.0	Times Square	Fee Interest	1	18,207	1.0		100.0		100.0		100.0		100.0		100.0		4,320		1.3		2.1		4
1080 Amsterdam	92.5	Upper West Side	Leasehold Interest	1	1,800	0.1		100.0		100.0		100.0		100.0		100.0		292		0.1		0.1		1
1185 Avenue of the Americas	100.0	Rockefeller Center	Leasehold Interest	1	37,326	2.1		100.0		100.0		100.0		100.0		100.0		6,774		2.1		3.3		5
1350 Avenue of the Americas	100.0	Rockefeller Center	Fee Interest	1	17,797	1.0		100.0		100.0		100.0		100.0		100.0		2,863		0.9		1.4		6

Subtotal / Weighted Average				21	628,952	35.5	%	94.6	%	94.9	%	96.2	%	92.5	%	93.6	%		$87,234	26.7	%	41.9	%	104


(1) Development / Redevelopment properties.



	Ownership			# of	Usable		% of Total		Occupancy (%)										Annualized Retail		Annualized Retail Cash Rent				Total
Properties	Interest (%)	SubMarket	Ownership	Bldgs	Sq. Feet		Sq. Feet		Jun-19		Mar-19		Dec-18		Sep-18		Jun-18		Cash Rent ($'s)		100%		SLG		Tenants

OTHER RETAIL - Unconsolidated Properties
2 Herald Square	51.0	Herald Square	Leasehold Interest	1	94,531		5.3		60.6		60.6		59.9		59.9		59.9			$14,544	4.5		3.6		2
10 East 53rd Street	55.0	Plaza District	Fee Interest	1	39,340		2.2		100.0		100.0		100.0		100.0		100.0		3,774		1.2		1.0		3
11 Madison Avenue	60.0	Park Avenue South	Fee Interest	1	38,800		2.2		98.7		98.7		98.7		98.7		98.7		3,825		1.2		1.1		6
55 West 46th Street	25.0	Midtown	Leasehold Interest	1	1,191		0.1		100.0		100.0		100.0		100.0		100.0		210		0.1		—		1
100 Park Avenue	50.0	Grand Central South	Fee Interest	1	40,022		2.3		100.0		100.0		100.0		100.0		100.0		3,769		1.2		0.9		9
280 Park Avenue	50.0	Park Avenue	Fee Interest	1	27,896		1.6		100.0		100.0		100.0		100.0		100.0		2,215		0.7		0.5		3
400 East 57th Street	41.0	Upper East Side	Fee Interest	1	9,717		0.5		66.6		75.4		75.4		75.4		75.4		1,695		0.5		0.3		8
460 West 34th Street ⁽¹⁾	70.9	Hudson Yards	Fee Interest	1	20,850		1.2		100.0		N/A		N/A		N/A		N/A		723		0.2		0.2		6
800 Third Avenue	60.5	Grand Central North	Fee Interest	1	9,900		0.6		100.0		100.0		100.0		100.0		100.0		1,926		0.6		0.6		2
919 Third Avenue	51.0	Grand Central North	Fee Interest	1	31,004		1.7		100.0		100.0		100.0		100.0		100.0		3,607		1.1		0.9		5
1515 Broadway	57.0	Times Square	Fee Interest	1	185,956		10.5		100.0		100.0		100.0		100.0		100.0		32,899		10.1		9.0		9
Worldwide Plaza	24.4	Westside	Fee Interest	1	10,592	⁽²⁾	0.6		100.0		97.2		97.2		97.2		100.0		1,428		0.4		0.2		8
Stonehenge Portfolio	Various		Fee Interest	2	19,231		1.1		87.0		88.9		88.9		83.1		83.1		2,285		0.7		0.0		8

Subtotal / Weighted Average				14	529,030		29.8	%	91.8	%	91.6	%	91.5	%	91.3	%	91.3	%		$72,901	22.5	%	18.3	%	70

Total / Weighted Average Other Retail				35	1,157,982		65.3	%	93.3	%	93.4	%	94.1	%	92.0	%	92.6	%		$160,136	49.1	%	60.3	%	174


Retail Grand Total / Weighted Average				52	1,773,777		100.0	%	94.9	%	95.3	%	95.7	%	94.2	%	93.4	%		$326,155	100.0	%			210
Retail Grand Total - SLG share of Annualized Rent																				$207,620			100.0	%


(1) Development / Redevelopment properties.
(2) Excludes the theatre, parking garage, fitness gym and other amenity space totaling 241,371 square feet.



		Ownership	Lease	Total Rentable	Annualized		SLG Share of		% of SLG Share of	Annualized	Credit
Tenant Name	Property	Interest %	Expiration	Square Feet	Cash Rent		Annualized Cash Rent ($)		Annualized Cash Rent ⁽²⁾	Rent PSF	Rating ⁽¹⁾


Credit Suisse Securities (USA), Inc.	1 Madison Avenue	100.0	Dec 2020	1,146,881		$72,570		$72,570	5.0%	$63.28
	11 Madison Avenue	60.0	May 2037	1,265,841	78,506		47,103		3.3%	62.02
	1055 Washington Blvd	100.0	Jan 2022	2,525	100		100		—%	39.60
				2,415,247	$151,176		$119,773		8.3%	$62.59	A+

Viacom International, Inc.	1515 Broadway	57.0	Jun 2031	1,470,289	92,674		51,997		3.6%	$63.03
			Mar 2028	9,106	1,924		1,924		0.1%	211.30
				1,479,395	$94,598		$53,921		3.7%	$63.94	BBB-

Ralph Lauren Corporation	625 Madison Avenue	100.0	Dec 2019	386,785	31,731		31,731		2.2%	$82.04	A-
Sony Corporation	11 Madison Avenue	60.0	Jan 2031	578,791	44,372		26,623		1.8%	$76.66	BBB+
Debevoise & Plimpton, LLP	919 Third Avenue	51.0	June 2022	577,438	46,709		23,822		1.6%	$80.89
King & Spalding	1185 Avenue of the Americas	100.0	Oct 2025	218,275	20,350		20,350		1.4%	$93.23

The City of New York	100 Church Street	100.0	Mar 2034	510,007	19,659		19,659		1.4%	$38.55
	420 Lexington Avenue	100.0	Oct 2030	4,077	279		279		0.1%	68.48
				514,084	$19,938		$19,938		1.5%	$38.78	Aa1

Visiting Nurse Service of New York	220 East 42nd Street	100.0	Sep 2048	308,115	18,933		18,933		1.3%	$61.45

Advance Magazine Group, Fairchild Publications	750 Third Avenue	100.0	Feb 2021	286,622	14,727		14,727		1.0%	$51.38
	485 Lexington Avenue	100.0	Feb 2021	52,573	3,654		3,654		0.3%	69.50
				339,195	$18,381		$18,381		1.3%	$54.19

Metro-North Commuter Railroad Company	420 Lexington Avenue	100.0	Nov 2034	334,654	17,922		17,922		1.2%	$53.55
	110 East 42nd Street	100.0	Oct 2021	1,840	115		115		—%	62.64
				336,494	$18,037		$18,037		1.2%	$53.60	Aaa

Giorgio Armani Corporation	752-760 Madison Avenue	100.0	Dec 2024	21,124	15,312		15,312		1.1%	$724.87
	717 Fifth Avenue	10.9	Sep 2022	46,940	22,473		2,450		0.2%	478.77
	762 Madison Avenue	90.0	Dec 2024	1,264	245		221		—%	194.20
				69,328	$38,030		$17,983		1.3%	$548.56

News America Incorporated	1185 Avenue of the Americas	100.0	Nov 2020	165,086	17,407		17,407		1.2%	$105.44	A
Nike Retail Services, Inc.	650 Fifth Avenue	50.0	Jan 2033	69,214	34,186		17,093		1.2%	$493.91	AA-

C.B.S. Broadcasting, Inc.	555 West 57th Street	100.0	Dec 2023	338,527	16,479		16,479		1.1%	$48.68
	Worldwide Plaza	24.35	Jan 2027	32,598	2,192		534		0.1%	67.23
				371,125	$18,671		$17,013		1.2%	$50.31	BBB

Omnicom Group, Inc., Cardinia Real Estate	220 East 42nd Street	100.0	Apr 2032	231,114	14,783		14,783		1.0%	$63.96
	1055 Washington Blvd.	100.0	Oct 2028	23,800	863		863		0.1%	36.25
				254,914	$15,646		$15,646		1.1%	$61.38	BBB+

Cravath, Swaine & Moore LLP	Worldwide Plaza	24.35	Aug 2024	617,135	63,416		15,442		1.1%	$102.76
National Hockey League	1185 Avenue of the Americas	100.0	Nov 2022	148,217	15,345		15,345		1.1%	$103.53

WME IMG, LLC	304 Park Avenue	100.0	Apr 2028	134,475	9,788		9,788		0.7%	$72.78
	11 Madison Avenue	60.0	Sep 2030	103,426	9,103		5,462		0.4%	88.01
				237,901	$18,891		$15,250		1.1%	$79.40

WeWork	609 Fifth Avenue	100.0	Apr 2035	138,563	11,224		11,224		0.8%	$81.00
	2 Herald Sqaure	51.0	Feb 2036	123,633	6,970		3,555		0.2%	56.38
				262,196	$18,194		$14,779		1.0%	$69.39

Amerada Hess Corp.	1185 Avenue of the Americas	100.0	Dec 2027	167,169	$14,584		$14,584		1.0%	$87.24	BBB-

Total				9,516,104	$718,595		$512,051		35.6%	$75.51

(1) Corporate or bond rating from S&P or Moody's.
(2) SLG Share of Annualized Cash Rent includes Manhattan, Suburban, Retail, Residential, and Development / Redevelopment properties.



Activity	Building Address	# of Leases	Usable SF		Rentable SF	Escalated Rent/Rentable SF ($'s)(1)

Available Space at 3/31/19			1,435,125

Less: Sold Vacancies	521 Fifth Avenue		(16,837	)

Space which became available during the Quarter (2):
Office
	11 Madison Avenue	1	98,175		98,175		$81.23
	30 East 40th Street	1	692		692	71.56
	100 Park Avenue	3	17,856		20,433	76.81
	110 East 42nd Street	3	23,364		24,083	57.34
	110 Greene Street	2	4,652		4,652	78.85
	420 Lexington Avenue	6	12,890		18,589	59.95
	555 West 57th Street	1	1,700		2,071	65.15
	750 Third Avenue	1	4,723		5,993	70.18
	800 Third Avenue	1	6,587		6,587	94.39
	810 Seventh Avenue	2	26,216		28,301	54.51
	1515 Broadway	1	60,700		64,788	57.19
	Total/Weighted Average	22	257,555		274,364		$68.82

Retail
	30 East 40th Street	1	300		300		$226.02
	100 Church Street	1	1,403		1,340	102.56
	420 Lexington Avenue	1	3,317		4,408	216.35
	625 Madison Avenue	2	5,721		6,545	941.66
	World Wide Plaza	1	2,430		1,387	146.92
	Total/Weighted Average	6	13,171		13,980		$538.33

Storage
	11 Madison Avenue	1	932		932		$37.50
	100 Church Street	3	7,914		8,294	19.14
	110 Greene Street	1	422		422	83.20
	Total/Weighted Average	5	9,268		9,648		$23.72


	Total Space which became available during the quarter
	Office	22	257,555		274,364		$68.82
	Retail	6	13,171		13,980		$538.33
	Storage	5	9,268		9,648		$23.72
		33	279,994		297,992		$89.38

	Total Available Space		1,698,282

(1) Escalated 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.
(2) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover.



Activity	Building Address	# of Leases	Term (Yrs)	Usable SF	Rentable SF	New Cash Rent / Rentable SF(1)		Prev. Escalated Rent/ Rentable SF(2)		TI / Rentable SF		Free Rent # of Months

Available Space				1,698,282

Office
	55 West 46th Street - Tower 46	2	10.6	45,041	45,041	$89.00			$—		$125.00	7.0
	100 Park Avenue	2	9.4	14,466	16,370	86.99		102.23		125.38		9.0
	110 East 42nd Street	1	12.3	20,331	20,966	60.00		55.88		85.00		12.0
	110 Greene Street	5	3.8	11,292	11,830	79.99		60.50		44.44		1.1
	280 Park Avenue	1	10.8	19,658	20,274	107.00		104.93		115.00		10.0
	304 Park Avenue South	1	8.9	4,783	5,162	70.00		76.04		16.42		7.0
	420 Lexington Avenue	6	7.2	15,195	22,045	61.13		54.39		30.53		2.9
	461 Fifth Avenue	1	7.3	6,639	7,134	88.00		—		18.24		3.0
	555 West 57th Street	1	2.0	1,700	2,071	64.00		65.15		—		—
	625 Madison Avenue	1	5.3	695	695	85.61		88.94		20.99		1.0
	1185 Avenue of the Americas	2	14.1	75,010	82,358	73.00		72.13		105.03		7.3
	1350 Avenue of the Americas	3	3.0	9,722	11,099	80.08		77.53		—		1.7
	Total/Weighted Average	26	10.7	224,532	245,045		$78.50		$72.44		$89.27	6.8

Retail
	30 East 40th Street	1	2.0	300	354		$187.69		$191.54		$—	—
	100 Church Street	1	14.8	2,000	2,230	43.05		63.38		—		8.0
	125 Park Avenue	2	15.5	5,712	6,684	130.16		110.61		77.29		6.0
	World Wide Plaza	1	10.0	299	595	151.26		112.03		—		3.0
	Total/Weighted Average	5	14.5	8,311	9,863		$113.80		$102.92		$52.38	6.1

Storage
	100 Church Street	2	15.0	4,500	8,343		$18.56		$25.00		$—	—
	110 Greene Street	1	0.8	422	422	56.87		83.20		—		—
	Total/Weighted Average	3	14.3	4,922	8,765		$20.41		$31.07		$—	15.0

Leased Space
	Office (3)	26	10.7	224,532	245,045		$78.50		$72.44	$89.27		6.8
	Retail	5	14.5	8,311	9,863		$113.80		$102.92		$52.38	6.1
	Storage	3	14.3	4,922	8,765		$20.41		$31.07		$—	15.0
	Total	34	10.9	237,765	263,673		$77.89		$73.16	$84.92		6.6


Total Available Space as of 6/30/19				1,460,517

Early Renewals
Office
	100 Park Avenue	1	11.0	3,905	3,123	$86.00		$78.47			$65.00	7.0
	125 Park Avenue	1	4.5	11,506	12,462	64.00		55.88		42.73		3.0
	220 East 42nd Street	2	15.0	82,007	90,655	62.80		45.32		62.66		8.5
	420 Lexington Avenue	2	4.3	2,560	2,789	64.40		56.26		5.09		0.6
	Total/Weighted Average	6	13.4	99,978	109,029		$63.64		$47.76	$58.98		7.6

Retail
	1515 Broadway	1	0.4	55,296	44,721	$42.60		$42.60			$—	—
	Total/Weighted Average	1	0.4	55,296	44,721		$42.60		$42.60		$—	—

Storage
	220 East 42nd Street	1	15.8	13,565	17,018		$32.58		$38.23		$—	9.0
	Total/Weighted Average	1	15.8	13,565	17,018		$32.58		$38.23		$—	—

Renewals
	Early Renewals Office	6	13.4	99,978	109,029		$63.64		$47.76	$58.98		7.6
	Early Renewals Retail	1	0.4	55,296	44,721		$42.60		$42.60		$—	—
	Early Renewals Storage	1	15.8	13,565	17,018		$32.58		$38.23		$—	—
	Total	8	10.3	168,839	170,768		$55.04		$45.46	$37.65		5.7

(1) Annual initial base rent.
(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.
(3) Average starting office rent excluding new tenants replacing vacancies is $74.93/rsf for 170,620 rentable SF. Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $70.53/rsf for 279,649 rentable SF.



Activity	Building Address	# of Leases	Usable SF	Rentable SF	Escalated Rent/Rentable SF ($'s)⁽¹⁾

Available Space at 3/31/19			222,081

Space which became available during the Quarter ⁽²⁾:
Office
	200 Summit Lake Drive, Valhalla, New York	1	2,042	2,042	$27.86
	360 Hamilton Avenue, White Plains, New York	1	20,696	20,696	35.13
	1 Landmark Square, Stamford, Connecticut	2	6,950	6,950	34.19
	4 Landmark Square, Stamford, Connecticut	1	1,675	1,750	33.00
	1010 Washington Boulevard, Stamford, Connecticut	1	370	370	25.00
	1055 Washington Boulevard, Stamford, Connecticut	1	901	901	38.00
	Total/Weighted Average	7	32,634	32,709		$34.33

Storage
	1 Landmark Square, Stamford, Connecticut	1	180	150	$15.00
	5 Landmark Square, Stamford, Connecticut	1	121	121	15.00
	Total/Weighted Average	2	301	271	$15.00

	Total Space which became available during the Quarter
	Office	7	32,634	32,709		$34.33
	Storage	2	301	271		$15.00
		9	32,935	32,980		$34.17

	Total Available Space		255,016

(1) Escalated 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.
(2) Includes expiring space, relocating tenants and move-outs where tenants vacated. Excludes lease expirations where tenants heldover.



Activity	Building Address	# of Leases	Term (Yrs)	Usable SF	Rentable SF	New Cash Rent / Rentable SF(1)		Prev. Escalated Rent/ Rentable SF(2)		TI / Rentable SF		Free Rent # of Months

Available Space				255,016

Office
	100 Summit Lake Drive, Valhalla, New York	1	2.2	2,042	2,042	$27.50		$27.86			$—	2.0
	200 Summit Lake Drive, Valhalla, New York	1	—	9,535	9,535	—		—		—		—
	1 Landmark Square, Stamford, Connecticut	1	5.3	2,094	2,094	39.00		36.54		20.73		4.0
	3 Landmark Square, Stamford, Connecticut	1	7.7	1,768	1,768	34.00		32.05		40.00		6.0
	1010 Washington Boulevard, Stamford, Connecticut	1	2.0	370	370	25.00		25.00		—		—
	1055 Washington Boulevard, Stamford, Connecticut	3	3.1	6,360	6,360	35.92		38.00		0.92		2.9
	Total/Weighted Average	8	2.2	22,169	22,169		$19.65		$32.55		$5.41	1.9

Storage
	5 Landmark Square, Stamford, Connecticut	3	4.3	534	534	$15.00			$15.00		$—	—
	Total/Weighted Average	3	4.3	534	534		$15.00		$15.00		$—	—

Leased Space
	Office (3)	8	2.2	22,169	22,169		$19.65		$32.55		$5.41	1.9
	Storage	3	4.3	534	534		$15.00		$15.00		$—	—
	Total	11	2.3	22,703	22,703		$19.54		$32.03		$5.28	1.8

Total Available Space as of 6/30/19				232,313

Early Renewals
Office
	360 Hamilton Avenue, White Plains, New York	1	10.8	56,239	56,239	$40.00		$41.94			$15.00	10.0
	3 Landmark Square, Stamford, Connecticut	1	5.0	9,374	9,374	34.75		34.28		10.00		4.0
	1010 Washington Boulevard, Stamford, Connecticut	2	1.7	3,008	3,008	35.98		35.98		—		0.3
	Total/Weighted Average	4	9.6	68,621	68,621		$39.11		$40.63		$13.66	8.8

Storage
	360 Hamilton Avenue, White Plains, New York	1	10.8	248	248	$18.00		$18.00			$—	—
		1	10.8	248	248		$18.00		$18.00		$—	—

Renewals
	Early Renewals Office	4	9.6	68,621	68,621		$39.11		$40.63		$13.66	8.8
	Early Renewals Storage	1	10.8	248	248		$18.00		$18.00		$—	—
	Total	5	9.6	68,869	68,869		$39.03		$40.55		$13.61	8.7

(1) Annual initial base rent.
(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.
(3) Average starting office rent excluding new tenants replacing vacancies is $33.65/rsf for 7,175 rentable SF. Average starting office rent for office space (leased and early renewals, excluding new tenants replacing vacancies) is $38.59/rsf for 75,796 rentable SF.



		Consolidated Properties										Joint Venture Properties
Year of Lease Expiration		Number of Expiring Leases (2)	Rentable Square Footage of Expiring Leases	Percentage of Total Sq. Ft.		Annualized Cash Rent of Expiring Leases		Annualized Cash Rent Per Square Foot of Expiring Leases $/psf (3)		Current Weighted Average Asking Rent $/psf (4)		Number of Expiring Leases (2)	Rentable Square Footage of Expiring Leases	Percentage of Total Sq. Ft.		Annualized Cash Rent of Expiring Leases		Annualized Cash Rent Per Square Foot of Expiring Leases $/psf (3)		Current Weighted Average Asking Rent $/psf (4)

1st Quarter 2019⁽¹⁾		3	2,302	0.02	%	$59,736			$25.95		$29.59	3	3,563	0.03	%		$258,734		$72.62		$82.55
2nd Quarter 2019⁽¹⁾		7	19,473	0.16	%	1,320,774		67.83		66.39		2	19,970	0.19	%	2,074,473		103.88		96.85
3rd Quarter 2019		7	10,325	0.08	%	682,475		66.10		65.02		2	8,032	0.07	%	688,001		85.66		78.01
4th Quarter 2019		24	571,167	4.65	%	45,414,992		79.51		69.10		3	9,308	0.09	%	719,076		77.25		72.41

Total 2019		41	603,267	4.91	%	$47,477,977			$78.70		$68.80	10	40,873	0.38	%		$3,740,284		$91.51		$86.33

2020		89	2,075,083	16.88	%		$139,822,872		$67.38		$69.77	19	254,076	2.37	%		$17,852,413		$70.26		$78.51
2021		105	1,174,288	9.55	%	71,382,487		60.79		67.77		26	292,262	2.72	%	22,094,945		75.60		79.19
2022		93	1,043,303	8.49	%	72,450,548		69.44		76.76		29	889,064	8.29	%	81,868,634		92.08		95.17
2023		73	907,359	7.38	%	58,130,647		64.07		66.08		15	437,429	4.08	%	37,323,738		85.33		80.72
2024		50	356,547	2.90	%	25,315,902		71.00		73.06		23	998,478	9.31	%	101,666,706		101.82		87.26
2025		36	551,668	4.49	%	49,750,592		90.18		83.38		13	508,026	4.73	%	40,750,997		80.21		84.47
2026		29	702,298	5.71	%	48,548,874		69.13		68.59		17	477,944	4.45	%	47,751,806		99.91		104.74
2027		38	601,899	4.90	%	46,046,775		76.50		72.85		17	348,632	3.25	%	30,672,049		87.98		93.71
2028		37	565,541	4.60	%	41,699,366		73.73		76.13		20	222,462	2.07	%	23,191,055		104.25		101.15
Thereafter		78	3,710,841	30.19	%	216,996,399		58.48		66.67		41	6,260,870	58.35	%	408,849,478		65.30		82.30
		669	12,292,094	100.00	%	$817,622,439			$66.52		$70.00	230	10,730,116	100.00	%		$815,762,105		$76.03		$85.47


	NOTE: Data excludes space currently occupied by SL Green's corporate offices
	(1) Includes month to month holdover tenants that expired prior to June 30, 2019.
	(2) Tenants may have multiple leases.
	(3) Represents in place annualized rent allocated by year of expiration.
	(4) Management's estimate of current average asking rents for currently occupied space as of June 30, 2019. Taking rents are typically lower than asking rents and may vary from property to property.



		Consolidated Properties										Joint Venture Properties
Year of Lease Expiration		Number of Expiring Leases (2)	Rentable Square Footage of Expiring Leases	Percentage of Total Sq. Ft.		Annualized Cash Rent of Expiring Leases		Annualized Cash Rent Per Square Foot of Expiring Leases $/psf (3)		Current Weighted Average Asking Rent $/psf (4)		Number of Expiring Leases (2)	Rentable Square Footage of Expiring Leases	Percentage of Total Sq. Ft.		Annualized Cash Rent of Expiring Leases		Annualized Cash Rent Per Square Foot of Expiring Leases $/psf (3)		Current Weighted Average Asking Rent $/psf (4)

1st Quarter 2019⁽¹⁾		6	34,263	1.78	%		$1,410,315		$41.16		$37.34	—	—	—	%		$—		$—		$—
2nd Quarter 2019⁽¹⁾		2	8,421	0.44	%	327,598		38.90		37.79		—	—	—	%	—		—		—
3rd Quarter 2019		6	19,268	1.00	%	637,451		33.08		40.79		—	—	—	%	—		—		—
4th Quarter 2019		6	175,173	9.08	%	5,389,403		30.77		27.98		—	—	—	%	—		—		—

Total 2019		20	237,125	12.29	%		$7,764,767		$32.75		$30.72	—	—	—	%		$—		$—		$—

2020		41	206,784	10.71	%		$7,297,005		$35.29		$36.86	—	—	—	%		$—		$—		$—
2021		40	278,039	14.41	%	10,395,536		37.39		37.76		—	—	—	%	—		—		—
2022		29	129,119	6.69	%	5,032,474		38.98		39.97		—	—	—	%	—		—		—
2023		24	159,790	8.28	%	5,670,787		35.49		35.61		—	—	—	%	—		—		—
2024		14	57,009	2.95	%	1,895,111		33.24		31.60		—	—	—	%	—		—		—
2025		10	99,911	5.18	%	3,393,722		33.97		35.84		—	—	—	%	—		—		—
2026		15	248,975	12.90	%	9,213,309		37.00		37.72		—	—	—	%	—		—		—
2027		6	206,626	10.71	%	5,355,369		25.92		27.73		—	—	—	%	—		—		—
2028		4	131,230	6.80	%	3,812,665		29.05		29.92		—	—	—	%	—		—		—
Thereafter		14	175,493	9.08	%	5,662,992		32.27		32.31		—	—	—	%	—		—		—
		217	1,930,101	100.00	%		$65,493,737		$33.93		$34.38	—	—	—	%		$—		$—		$—


	(1) Includes month to month holdover tenants that expired prior to June 30, 2019.
	(2) Tenants may have multiple leases.
	(3) Represents in place annualized rent allocated by year of expiration.
	(4) Management's estimate of current average asking rents for currently occupied space as of June 30, 2019. Taking rents are typically lower than asking rents and may vary from property to property.



		Consolidated Properties										Joint Venture Properties
Year of Lease Expiration		Number of Expiring Leases (2)	Rentable Square Footage of Expiring Leases	Percentage of Total Sq. Ft.		Annualized Cash Rent of Expiring Leases		Annualized Cash Rent Per Square Foot of Expiring Leases $/psf (3)		Current Weighted Average Asking Rent $/psf (4)		Number of Expiring Leases (2)	Rentable Square Footage of Expiring Leases	Percentage of Total Sq. Ft.		Annualized Cash Rent of Expiring Leases		Annualized Cash Rent Per Square Foot of Expiring Leases $/psf (3)		Current Weighted Average Asking Rent $/psf (4)

High Street Retail
2019 ⁽¹⁾		2	9,900	3.02	%		$3,982,165		$402.24		$330.76	2	5,805	2.20	%		$290,917		$50.11		$163.38
2020		2	6,601	2.02	%	861,976		130.58		226.58		—	—	—	%	—		—		—
2021		—	—	—	%	—		—		—		1	11,432	4.33	%	4,003,809		350.23		159.06
2022		1	1,165	0.36	%	209,556		179.88		299.00		2	50,808	19.23	%	26,061,795		512.95		510.78
2023		3	9,825	3.00	%	1,174,236		119.52		138.76		2	7,131	2.70	%	1,639,404		229.90		350.00
2024		4	74,286	22.68	%	17,965,132		241.84		245.75		1	7,793	2.95	%	5,673,276		728.00		898.00
2025		3	33,944	10.36	%	968,940		28.55		24.15		—	—	—	%	—		—		—
2026		1	5,218	1.59	%	3,605,952		691.06		537.00		3	69,206	26.20	%	26,754,949		386.60		372.53
2027		1	1,358	0.41	%	129,084		95.05		96.00		1	3,655	1.38	%	692,879		189.57		158.00
2028		1	10,040	3.07	%	4,100,004		408.37		408.37		—	—	—	%	—		—		—
Thereafter		4	175,191	53.49	%	10,777,436		61.52		70.84		3	108,328	41.01	%	57,127,663		527.36		532.79
		22	327,528	100.00	%		$43,774,481		$133.65		$137.40	15	264,158	100.00	%		$122,244,692		$462.77		$462.93
Vacancy ⁽⁵⁾			5,928							623.53			—							—
			333,456								$146.04		264,158								$462.93

Other Retail
2019 ⁽¹⁾		—	—	—	%		$—		$—		$—	1	6,000	1.23	%		$221,719		$36.95		$359.48
2020		6	11,565	1.91	%	2,553,813		220.82		407.00		4	57,984	11.91	%	3,399,435		58.63		121.28
2021		11	23,069	3.80	%	2,979,987		129.18		162.89		5	5,995	1.23	%	572,167		95.44		118.81
2022		10	121,564	20.04	%	14,023,036		115.36		153.74		10	85,094	17.47	%	20,938,227		246.06		276.40
2023		8	35,519	5.85	%	5,548,235		156.20		154.68		6	24,613	5.05	%	2,967,278		120.56		139.50
2024		6	27,730	4.57	%	4,979,386		179.57		158.17		6	15,829	3.25	%	3,438,033		217.20		210.72
2025		8	28,753	4.74	%	7,578,539		263.57		274.00		2	946	0.19	%	223,165		235.90		213.60
2026		5	12,677	2.09	%	1,605,724		126.66		120.24		6	24,573	5.05	%	9,818,718		399.57		393.83
2027		9	38,177	6.29	%	5,328,122		139.56		155.74		7	22,008	4.52	%	11,085,848		503.72		542.77
2028		9	36,611	6.03	%	4,909,972		134.11		152.17		8	20,155	4.14	%	4,084,953		202.68		195.68
Thereafter		32	271,017	44.68	%	37,728,182		139.21		142.61		15	223,808	45.96	%	16,151,205		72.17		75.36
		104	606,682	100.00	%		$87,234,996		$143.79		$159.23	70	487,005	100.00	%		$72,900,748		$149.69		$170.07
Vacancy ⁽⁵⁾			28,165							380.67			43,185							232.17
			634,847								$169.05		530,190								$175.13

	(1) Includes month to month holdover tenants that expired prior to June 30, 2019.
	(2) Tenants may have multiple leases.
	(3) Represents in place annualized rent allocated by year of expiration.
	(4) Management's estimate of average asking rents for currently occupied space as of June 30, 2019. Taking rents are typically lower than asking rents and may vary from property to property.
	(5) Includes square footage of leases signed but not yet commenced.



						Gross Asset		Occupancy (%)
	Property	Submarket	Interest Acquired	Type of Ownership	Net Rentable SF	Valuation ($'s) ⁽¹⁾		at acquisition	6/30/2019
1998 - 2018 Acquisitions
Mar-98	420 Lexington Avenue	Grand Central	100.0%	Operating Sublease	1,188,000	$	78,000	83.0	93.0
May-98	711 3rd Avenue	Grand Central	100.0	Operating Sublease	524,000	65,600		79.0	97.0
Jun-98	440 9th Avenue	Penn Station	100.0	Fee Interest	339,000	32,000		76.0	N/A
Jan-99	420 Lexington Leasehold	Grand Central	100.0	Sub-leasehold	—	27,300		—	—
Jan-99	555 West 57th Street	Midtown West	65.0	Fee Interest	941,000	66,700		100.0	99.9
Aug-99	1250 Broadway	Penn Station	50.0	Fee Interest	670,000	93,000		96.5	N/A
Nov-99	555 West 57th Street	Midtown West	35.0	Fee Interest	—	34,100			99.9
Feb-00	100 Park Avenue	Grand Central	50.0	Fee Interest	834,000	192,000		96.5	78.6
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	94.9
Feb-03	220 East 42nd Street	Grand Central	100.0	Fee Interest	1,135,000	265,000		91.9	90.9
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	82.2
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	92.7
Jul-04	485 Lexington Avenue	Grand Central	30.0	Fee Interest	921,000	225,000		100.0	84.2
Oct-04	625 Madison Avenue	Plaza District	100.0	Leasehold Interest	563,000	231,500		68.0	97.1
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	100.0
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			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	96.0
Dec-06	485 Lexington Avenue	Grand Central	70.0	Fee Interest	—	578,000			84.2
Dec-06	800 Third Avenue	Grand Central North	43.0	Fee Interest	526,000	285,000		96.9	91.9
Jan-07	Reckson - NYC Portfolio	Various	100.0	Fee Interests / Leasehold Interest	5,612,000	3,679,530		98.3	95.5
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	100.0
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	99.3
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	95.5
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	94.9
May-11	110 East 42nd Street	Grand Central	100.0	Fee Interest	205,000	85,570		72.6	84.0
May-11	280 Park Avenue	Park Avenue	49.5	Fee Interest	1,219,158	1,110,000		78.2	91.1
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	95.4
Jun-12	304 Park Avenue South	Midtown South	100.0	Fee Interest	215,000	135,000		95.8	100.0
Sep-12	641 Sixth Avenue	Midtown South	100.0	Fee Interest	163,000	90,000		92.1	100.0
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	93.3
Aug-15	30 East 40th Street	Grand Central South	60.0	Leasehold Interest	69,446	4,650		100.0	93.9
Aug-15	11 Madison Avenue	Park Avenue South	100.0	Fee Interest	2,314,000	2,285,000		71.6	95.7
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	96.8
May-18	2 Herald Square	Herald Square	100.0	Leasehold Interest	369,000	266,000		81.6	73.6
					43,502,923	$	23,690,130
2019 Acquisitions
May-19	110 Greene Street	Soho	10.0%	Leasehold Interest	223,600	$	256,500	93.3	93.3
					223,600	$	256,500
(1) Acquisition price represents purchase price for consolidated acquisitions and purchase price or imputed value for joint venture properties.



							Gross Asset Valuation
	Property	Submarket	Interest Sold	Type of Ownership	Net Rentable SF		($'s)			($'s/SF)
2000 - 2018 Sales
Feb-00	29 West 35th Street	Penn Station	100.0%	Fee Interest		78,000		$	11,700		$	150
Mar-00	36 West 44th Street	Grand Central	100.0	Fee Interest		178,000		31,500			177
May-00	321 West 44th Street	Times Square	35.0	Fee Interest		203,000		28,400			140
Nov-00	90 Broad Street	Financial	100.0	Fee Interest		339,000		60,000			177
Dec-00	17 Battery South	Financial	100.0	Fee Interest		392,000		53,000			135
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	Midtown	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	1.0	Fee Interest		2,635,000		2,000,000			759
Aug-16	11 Madison Avenue	Park Avenue South	0.4	Fee Interest		2,314,000		2,600,000			1,124
Nov-17	1515 Broadway	Times Square	0.3	Fee Interest		1,750,000		1,950,000			1,114
Jan-18	600 Lexington Avenue	Grand Central North	1.0	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
						26,505,219		$	17,513,650		$	661

2019 Sales
May-19	521 Fifth Avenue	Grand Central	50.5%	Fee Interest		460,000		$	381,000		$	828
						460,000		$	381,000		$	828




SUMMARY OF REAL ESTATE SALES ACTIVITY Suburban Unaudited (Dollars in Thousands)


	Property	Submarket	Interest Sold	Type of Ownership	Net Rentable SF		Gross Asset Valuation ($'s)			Price ($'s/SF)
2008 - 2015 Sales
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
						3,355,200		$	946,467		$	282
2016 Sales
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
						187,141		$	62,000		$	331
2017 Sales
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
						1,100,600		$	317,256		$	288
2018 Sales
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	11.67	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
						1,358,000		$	184,400		$	136
(1) Acquisition price represents purchase price for consolidated acquisitions and purchase price or imputed value for joint venture properties.



						Gross Asset		Occupancy (%)
	Property	Submarket	Interest Acquired	Type of Ownership	Net Rentable SF	Valuation ($'s) ⁽¹⁾		at acquisition	6/30/2019
2005 - 2015 Acquisitions
Jul-05	1551-1555 Broadway	Times Square	10.0%	Fee Interest	25,600	$	85,000	N/A	N/A
Jul-05	21 West 34th Street	Herald Square	50.0	Fee Interest	30,100	17,500		N/A	N/A
Sep-05	141 Fifth Avenue	Flatiron	50.0	Fee Interest	21,500	13,250		N/A	N/A
Nov-05	1604 Broadway	Times Square	63.0	Leasehold Interest	29,876	4,400		17.2	N/A
Dec-05	379 West Broadway	Cast Iron/Soho	45.0	Leasehold Interest	62,006	19,750		100.0	N/A
Jan-06	25-29 West 34th Street	Herald Square/Penn Station	50.0	Fee Interest	41,000	30,000		55.8	N/A
Sep-06	717 Fifth Avenue	Midtown/Plaza District	32.8	Fee Interest	119,550	251,900		63.1	100.0
Aug-07	180 Broadway	Lower Manhattan	50.0	Fee Interest	24,300	13,600		85.2	N/A
Apr-07	Two Herald Square	Herald Square	55.0	Fee Interest	N/A	225,000		N/A	N/A
Jul-07	885 Third Avenue	Midtown / Plaza District	55.0	Fee Interest	N/A	317,000		N/A	N/A
Jan-08	125 Chubb Way	Lyndhurst, New Jersey	100.0	Fee Interest	278,000	29,364		—	N/A
Feb-08	182 Broadway	Lower Manhattan	50.0	Fee Interest	46,280	30,000		83.8	N/A
Nov-10	Williamsburg Terrace	Brooklyn, New York	100.0	Fee Interest	52,000	18,000		100.0	100.0
Dec-10	11 West 34th Street	Herald Square/Penn Station	30.0	Fee Interest	17,150	10,800		100.0	100.0
Dec-10	7 Renaissance Square	White Plains, New York	50.0	Fee Interest	65,641	4,000		—	N/A
Dec-10	2 Herald Square ⁽²⁾	Herald Square	45.0	Fee Interest	354,400	247,500		100.0	N/A
Dec-10	885 Third Avenue ⁽²⁾	Midtown / Plaza District	45.0	Fee Interest	607,000	352,000		100.0	N/A
Dec-10	292 Madison Avenue	Grand Central South	100.0	Fee Interest	203,800	78,300		N/A	N/A
Jan-11	3 Columbus Circle	Columbus Circle	48.9	Fee Interest	741,500	500,000		20.1	94.5
Aug-11	1552-1560 Broadway	Times Square	50.0	Fee Interest	35,897	136,550		59.7	88.3
Sep-11	747 Madison Avenue	Plaza District	33.3	Fee Interest	10,000	66,250		100.0	N/A
Jan-12	DFR Residential and Retail Portfolio	Plaza District, Upper East Side	80.0	Fee Interests / Leasehold Interest	489,882	193,000		95.1	90.9
Jan-12	724 Fifth Avenue	Plaza District	50.0	Fee Interest	65,010	223,000		92.9	N/A
Jul-12	West Coast Office Portfolio		27.6	Fee Interest	4,473,603	880,104		76.3	N/A
Aug-12	33 Beekman Street	Downtown	45.9	Fee Interest	163,500	31,160		—	N/A
Sep-12	635 Sixth Avenue	Midtown South	100.0	Fee Interest	104,000	83,000		—	100.0
Oct-12	1080 Amsterdam	Upper West Side	87.5	Leasehold Interest	82,250	—		2.2	92.7
Dec-12	21 East 66th Street	Plaza District	32.3	Fee Interest	16,736	75,000		100.0	100.0
Dec-12	985-987 Third Avenue	Upper East Side	100.0	Fee Interest	13,678	18,000		—	N/A
Dec-12	131-137 Spring Street	Soho	100.0	Fee Interest	68,342	122,300		100.0	N/A
Mar-13	248-252 Bedford Avenue	Brooklyn, New York	90.0	Fee Interest	66,611	54,900		—	N/A
Nov-13	650 Fifth Avenue	Plaza District	50.0	Leasehold Interest	32,324	—		63.6	100.0
Nov-13	315 West 33rd Street - The Olivia	Penn Station	100.0	Fee Interest	492,987	386,775		96.6	97.7
Nov-13	562, 570 & 574 Fifth Avenue	Plaza District	100.0	Fee Interest	66,962	146,222		74.6	N/A
Jul-14	719 Seventh Avenue	Times Square	75.0	Fee Interest	6,000	41,149		100.0	100.0
Jul-14	115 Spring Street	Soho	100.0	Fee Interest	5,218	52,000		100.0	100.0
Jul-14	752-760 Madison Avenue	Plaza District	100.0	Fee Interest	21,124	282,415		100.0	100.0
Sep-14	121 Greene Street	Soho	50.0	Fee Interest	7,131	27,400		100.0	100.0
Sep-14	635 Madison Avenue ⁽²⁾	Plaza District	100.0	Fee Interest	176,530	145,000		100.0	N/A
Oct-14	102 Greene Street	Soho	100.0	Fee Interest	9,200	32,250		100.0	N/A
Oct-14	175-225 Third Street	Brooklyn, New York	95.0	Fee Interest	—	72,500		—	N/A
Nov-14	55 West 46th Street - Tower 46	Midtown	100.0	Fee Interest	347,000	295,000		—	86.5
Feb-15	Stonehenge Portfolio		100.0	Fee Interest	2,589,184	40,000		96.5	96.1
Mar-15	1640 Flatbush Avenue	Brooklyn, New York	100.0	Fee Interest	1,000	6,799		100.0	—
Jun-15	Upper East Side 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	Lower Manhattan	100.0	Fee Interest	73,600	63,690		90.5	—
					12,164,472	$	5,771,902
2016 Acquisitions
Mar-16	183 Broadway	Lower Manhattan	100.0%	Fee Interest	9,100	$	28,500	58.3	—
Apr-16	605 West 42nd Street - Sky	Midtown West	20.0	Fee Interest	927,358	759,046		—	93.5
					936,458	$	787,546
2018 Acquisitions
Jul-18	1231 Third Avenue	Upper East Side	100.0%	Fee Interest	38,992	$	55,355	100.0	N/A
Oct-18	133 Greene Street	Soho	100.0	Fee Interest	6,425	30,999		100.0	100.0
Dec-18	712 Madison Avenue	Plaza District	100.0	Fee Interest	6,600	57,996		100.0	100.0
					52,017	$	144,350
2019 Acquisitions
Apr-19	106 Spring Street	Soho	100.0%	Fee Interest	5,928	$	80,150	—	—
May-19	460 West 34th Street	Hudson Yards	70.9	Fee Interest	638,000	440,000		76.3	76.3
					643,928	$	520,150

(1) Acquisition price represents purchase price for consolidated acquisitions and purchase price or imputed value for joint venture properties.
(2) Subject to long-term, third party net operating leases.



							Gross Asset Valuation
	Property	Submarket	Interest Sold	Type of Ownership	Net Rentable SF		($'s)			($'s/SF)
2011 - 2015 Sales
Sep-11	1551-1555 Broadway	Times Square	10.0%	Fee Interest		25,600		$	276,757		$	10,811
Feb-12	141 Fifth Avenue ⁽¹⁾	Flatiron	100.0	Fee Interest		13,000		46,000			3,538
Feb-12	292 Madison Avenue	Grand Central South	100.0	Fee Interest		203,800		85,000			417
Apr-12	379 West Broadway	Lower Manhattan	100.0	Leasehold Interest		62,006		48,500			782
Jun-12	717 Fifth Avenue	Midtown/Plaza District	50.0	Fee Interest		119,550		617,584			5,166
Sep-12	3 Columbus Circle	Columbus Circle	29.0	Fee Interest		214,372		143,600			670
Feb-13	44 West 55th Street	Plaza District	100.0	Fee Interest		8,557		6,250			730
Jun-13	West Coast Office Portfolio	Los Angeles, California	100.0	Fee Interest		406,740		111,925			275
Aug-13	West Coast Office Portfolio	Fountain Valley, California	100.0	Fee Interest		302,037		66,994			222
Sep-13	West Coast Office Portfolio	San Diego, California	100.0	Fee Interest		110,511		45,400			411
Dec-13	27-29 West 34th Street	Herald Square/Penn Station	100.0	Fee Interest		15,600		70,052			4,491
Jan-14	21-25 West 34th Street	Herald Square/Penn Station	100.0	Fee Interest		30,100		114,948			3,819
Mar-14	West Coast Office Portfolio		100.0	Fee Interest		3,654,315		756,000			207
May-14	747 Madison Avenue	Plaza District	100.0	Fee Interest		10,000		160,000			16,000
Jul-14	985-987 Third Avenue	Upper East Side	100.0	Fee Interest		13,678		68,700			5,023
Sep-14	180-182 Broadway	Lower Manhattan	100.0	Fee Interest		156,086		222,500			1,425
Nov-14	2 Herald Square	Herald Square/Penn Station	100.0	Fee Interest		354,400		365,000			1,030
Jan-15	180 Maiden Lane	Financial East	100.0	Fee Interest		1,090,000		470,000			431
Aug-15	131-137 Spring Street	Soho	80.0	Fee Interest		68,342		277,750			4,064
Dec-15	570 & 574 Fifth Avenue	Plaza District	100.0	Fee Interest		24,327		125,400			5,155
						6,883,021		$	4,078,360		$	593
2016 Sales
Feb-16	248-252 Bedford Avenue	Brooklyn, New York	90.0%	Fee Interest		66,611		$	55,000		$	826
Feb-16	885 Third Avenue	Midtown / Plaza District	100.0	Fee Interest		607,000		453,000			746
May-16	33 Beekman Street	Downtown	100.0	Fee Interest		163,500		196,000			1,199
Oct-16	400 East 57th Street	Upper East Side	49.0	Fee Interest		290,482		170,000			585
						1,127,593		$	874,000		$	775
2017 Sales
Apr-17	102 Greene Street	Soho	90.0%	Fee Interest		9,200		$	43,500		$	4,728
Sep-17	102 Greene Street	Soho	10.0	Fee Interest		9,200		43,500			4,728
						18,400		$	87,000		$	4,728

2018 Sales
Apr-18	175-225 Third Street	Brooklyn, New York	95.0%	Fee Interest		—		$	115,000		$	—
June-18	635 Madison Avenue	Plaza District	100.0	Fee Interest		176,530		153,000			867
Jul-18	724 Fifth Avenue	Plaza District	50.0	Fee Interest		65,010		365,000			5,615
Oct-18	72nd Street Assemblage & 1231 Third Avenue	Upper East Side	Various	Fee Interest		—		143,800			—
						241,540		$	776,800		$	3,216
2019 Sales
Jan-19	131-137 Spring Street	Soho	20.0	Fee Interest		68,342		216,000			3,161
						68,342		$	216,000		$	3,161

(1) Inclusive of the fee position which was acquired simultaneously with the sale pursuant to an option.



	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018

Net income	$	173,741		$	115,899		$	226,510		$	229,722
Equity in net gain on sale of interest in unconsolidated joint venture/real estate	(59,015		)	(72,025		)	(76,181		)	(65,585		)
Purchase price and other fair value adjustments	(67,631		)	(11,149		)	(65,590		)	(60,442		)
Loss (gain) on sale of real estate, net	—			14,790			1,049			(8,731		)
Depreciation and amortization	69,461			67,914			137,804			137,302
Interest expense, net of interest income	47,160			53,611			97,685			101,527
Amortization of deferred financing costs	2,712			3,546			5,454			7,083
Operating income	166,428			172,586			326,731			340,876

Equity in net loss (income) from unconsolidated joint ventures	7,546			(4,702		)	12,780			(8,738		)
Marketing, general and administrative expense	25,480			22,479			51,459			46,007
Transaction related costs, net	261			348			316			510
Investment income	(51,618		)	(49,273		)	(101,649		)	(94,563		)
Non-building revenue	(7,268		)	(9,397		)	(16,413		)	(14,176		)
Net operating income (NOI)	140,829			132,041			273,224			269,916

Equity in net (loss) income from unconsolidated joint ventures	(7,546		)	4,702			(12,780		)	8,738
SLG share of unconsolidated JV depreciation and amortization	48,176			47,565			96,304			95,184
SLG share of unconsolidated JV interest expense, net of interest income	38,281			36,670			77,688			72,450
SLG share of unconsolidated JV amortization of deferred financing costs	1,591			1,752			3,159			3,425
SLG share of unconsolidated JV investment income	(476		)	(1,708		)	(2,703		)	(4,794		)
SLG share of unconsolidated JV non-building revenue	(1,215		)	(1,147		)	(1,926		)	(2,148		)
NOI including SLG share of unconsolidated JVs	219,640			219,875			432,966			442,771

NOI from other properties/affiliates	(7,951		)	(14,705		)	(17,493		)	(35,586		)
Same-Store NOI	211,689			205,170			415,473			407,185

Operating lease straight-line adjustment	514			524			1,028			1,048
Joint Venture operating lease straight-line adjustment	208			258			465			516
Straight-line and free rent	(3,487		)	(1,482		)	(3,563		)	(3,580		)
Amortization of acquired above and below-market leases, net	(922		)	(1,238		)	(1,868		)	(2,921		)
Joint Venture straight-line and free rent	(14,641		)	(4,972		)	(30,027		)	(11,099		)
Joint Venture amortization of acquired above and below-market leases, net	(4,248		)	(3,815		)	(8,510		)	(7,550		)
Same-store cash NOI	$	189,113		$	194,445		$	372,998		$	383,599



EQUITY COVERAGE

Firm	Analyst	Phone	Email
Bank of America - Merrill Lynch	James C. Feldman	(646) 855-5808	james.feldman@baml.com
Barclays Capital	Ross Smotrich	(212) 526-2306	ross.smotrich@barcap.com
BMO Capital Markets Corp.	John P. Kim	(212) 885-4115	jp.kim@bmo.com
BTIG	James Sullivan	(212) 738-6139	jsullivan@btig.com
Citigroup	Michael Bilerman	(212) 816-1383	michael.bilerman@citigroup.com
Deutsche Bank	Derek Johnston	(904) 520-4973	derek.johnston@db.com
Green Street Advisors	Daniel Ismail	(949) 640-8780	dismail@greenstreetadvisors.com
Evercore ISI	Steve Sakwa	(212) 446-9462	ssakwa@isigrp.com
Jefferies & Company	Jonathan Peterson	(212) 284-2300	jpeterson@jefferies.com
JMP Securities	Mitchell Germain	(212) 906-3546	mgermain@jmpsecurities.com
JP Morgan Securities, Inc.	Anthony Paolone	(212) 622-6682	anthony.paolone@jpmorgan.com
KeyBanc Capital Markets	Craig Mailman	(917) 368-2316	cmailman@key.com
Morgan Stanley	Vikram Malhotra	(212) 761-7064	vikram.malhotra@morganstanley.com
RW Baird	David Rodgers	(216) 737-7341	drodgers@rwbaird.com
Sandler O'Neill + Partners, L.P.	Alexander D. Goldfarb	(212) 466-7937	agoldfarb@sandleroneill.com
Scotiabank	Nick Yulico	(212) 225 6904	nicholas.yulico@scotiabank.com
Stifel Nicolaus	John Guinee	(443) 224-1307	jwguinee@stifel.com
SunTrust Robinson Humphrey	Michael Lewis	(404) 926-5000	michael.lewis@suntrust.com
Wells Fargo Securities, LLC	Blaine Heck	(443) 263-6529	blaine.heck@wellsfargo.com




NOI Summary by Portfolio ⁽¹⁾ - SLG Share

	Three Months Ended June 30, 2019				Six Months Ended June 30, 2019
	Three Months Ended June 30, 2019				Six Months Ended June 30, 2019
	NOI		Cash NOI		NOI		Cash NOI

Manhattan Operating Properties	$	184,302	$	161,690	$	364,110	$	321,106
Suburban Operating Properties	7,930		7,591		15,895		15,718
Retail Operating Properties	13,251		12,072		26,799		24,281
Residential Operating Properties	8,073		7,959		16,087		15,786
Development/Redevelopment	1,967		1,100		3,833		2,099
Total Operating and Development	215,523		190,412		426,724		378,990
Property Dispositions	1,535		1,397		4,490		3,482
Other⁽²⁾	368		479		2,911		3,115
Total	$	217,426	$	192,288	$	434,125	$	385,587


⁽¹⁾ Portfolio composition consistent with property tables found on pages 29-32
⁽²⁾ Includes SL Green Management Corp., Emerge 212, Belmont Insurance Company and Ticonderoga Insurance Company



	Book Value							Senior		Weighted Average			Weighted Average		Weighted Average Yield
Type of Investment	Floating rate		Fixed rate		Total			Financing		Exposure PSF			Yield During Quarter ⁽¹⁾		At End Of Quarter ⁽²⁾

Senior Mortgage Debt	$	644,322	$	853	$	645,175		$	—		$	557		7.67%		7.61%

Junior Mortgage Participation	87,113		—		87,113			339,507			$	2,786		11.74%		11.67%

Mezzanine Debt	571,789		685,715		1,257,504			6,514,413			$	913		9.46%		9.53%

Preferred Equity	—		239,120		239,120			272,000			$	810		9.46%		9.51%

Balance as of 6/30/19	$	1,303,224	$	925,688	$	2,228,912	⁽³⁾	$	7,125,920		$	872		8.99%		9.05%

(1) Excludes accelerated fee income resulting from early repayment.
(2) Calculated based on accounting income, which includes cash interest, paid-in-kind interest, fee accrual and amortization of discounts, recognized in the last month of the quarter, excluding accelerated fee income resulting from early repayment.
(3) Net of unamortized fees, discounts, and premiums. Excludes debt and preferred equity investments totaling $34.5 million with a weighted average current yield of 6.57% that are included in other balance sheet line items.



	Debt and Preferred Equity Principal Maturity Profile ⁽¹⁾
	2019	2020	2021	2022	2023 & Thereafter
Floating Rate	320,436	598,615	384,173	—	—
Fixed Rate	—	416,400	3,500	208,575	297,213
Sub-total	320,436	1,015,015	387,673	208,575	297,213


(1) The weighted average maturity of the outstanding balance is 1.69 years. Approximately 62.6% of our portfolio of investments have extension options, some of which may be subject to certain conditions for extension. The weighted average fully extended maturity of the outstanding balance is 2.83 years.



Construction in Progress

									Future Equity
					Land Contributed		Equity Contributed		Contributions		Financing		Total
Building	Gross	Ownership	Estimated	Percentage		Market							Development
Address	Sq. Feet	Interest (%)	Occupancy	Leased	Cost	Value Adj	Company	Partners	Company	Partners	Drawn	Available	Budget


One Vanderbilt	1,730,989	71.0	Q3 2020	59.0	$331,490	$235,946	$540,051	$452,513	—	—	$478,708	$1,271,292	$3,310,000 ⁽¹⁾
185 Broadway	259,856	100.0	Q2 2021	—	39,167	—	—	—	47,233	—	111,869	113,131	311,400

Total Construction In Progress					$370,657	$235,946	$540,051	$452,513	$47,233	—	$590,577	$1,384,423	$3,621,400

(1) Includes joint venture fees paid to the Company, including development and financing fees, direct personnel expense and leasing commissions, $64.0 million of which have been funded as of June 30, 2019. Also includes up to $50.0 million of additional discretionary owner contingencies.



Marc Holliday	Edward V. Piccinich
Chairman and Chief Executive Officer	Chief Operating Officer

Andrew Mathias	Neil H. Kessner
President	Executive Vice President, General
	Counsel - Real Property
Matthew J. DiLiberto
Chief Financial Officer	David M. Schonbraun
	Co-Chief Investment Officer
Andrew S. Levine
Chief Legal Officer	Isaac Zion
	Co-Chief Investment Officer
Steven M. Durels
Executive Vice President, Director of	Maggie Hui
Leasing and Real Property	Chief Accounting Officer






Supplemental Definitions	4

Highlights	5	-	10

Comparative Balance Sheets	11

Comparative Statements of Operations	13

Comparative Computation of FFO and FAD	14

Consolidated Statement of Equity	15

Joint Venture Statements	16	-	18

Selected Financial Data	19	-	22

Debt Summary Schedule	23	-	24

Lease Liability Schedule	25

Debt and Preferred Equity Investments	26	-	28

Selected Property Data
Composition of Property Portfolio	29	-	34
Largest Tenants	35
Tenant Diversification	36
Leasing Activity Summary	37	-	40
Annual Lease Expirations	41	-	43

Summary of Real Estate Acquisition/Disposition Activity	44	-	48

Corporate Information	49

Non-GAAP Disclosures and Reconciliations	50

Analyst Coverage	53




KEY FINANCIAL DATA Unaudited (Dollars in Thousands Except Per Share)




KEY FINANCIAL DATA Manhattan Properties ⁽¹⁾ Unaudited (Dollars in Thousands Except Per Share)




KEY FINANCIAL DATA Suburban Properties⁽¹⁾ Unaudited (Dollars in Thousands Except Per Share)




COMPARATIVE BALANCE SHEETS Unaudited (Dollars in Thousands)




COMPARATIVE STATEMENT OF OPERATIONS Unaudited (Dollars in Thousands Except Per Share)




COMPARATIVE COMPUTATION OF FFO AND FAD Unaudited (Dollars in Thousands Except Per Share)




CONSOLIDATED STATEMENT OF EQUITY Unaudited (Dollars in Thousands)




JOINT VENTURE STATEMENTS Balance Sheet for Unconsolidated Joint Ventures Unaudited (Dollars in Thousands)




JOINT VENTURE STATEMENTS Statement of Operations for Unconsolidated Joint Ventures Unaudited (Dollars in Thousands)




TABLE OF CONTENTS




SUPPLEMENTAL DEFINITIONS




SECOND QUARTER 2019 HIGHLIGHTS Unaudited




SECOND QUARTER 2019 HIGHLIGHTS Unaudited




SELECTED FINANCIAL DATA Net Operating Income Unaudited (Dollars in Thousands)




SELECTED FINANCIAL DATA 2019 Same Store Net Operating Income - Wholly Owned and Consolidated JVs Unaudited (Dollars in Thousands)




DEBT SUMMARY SCHEDULE Consolidated Unaudited (Dollars in Thousands)




DEBT SUMMARY SCHEDULE Unconsolidated JVs Unaudited (Dollars in Thousands)




SUMMARY OF GROUND LEASE ARRANGEMENTS Unaudited (Dollars in Thousands)




DEBT AND PREFERRED EQUITY INVESTMENTS Unaudited (Dollars in Thousands)




10 LARGEST DEBT AND PREFERRED EQUITY INVESTMENTS Unaudited (Dollars in Thousands, Except Per Square Foot Amounts)




SELECTED PROPERTY DATA Manhattan Operating Properties Unaudited (Dollars in Thousands)




SELECTED PROPERTY DATA Suburban Operating Properties Unaudited (Dollars in Thousands)




SELECTED PROPERTY DATA Retail and Residential Operating Properties Unaudited (Dollars in Thousands)




SELECTED PROPERTY DATA Development / Redevelopment and Construction in Progress Unaudited (Dollars in Thousands)




SELECTED PROPERTY DATA Retail Operating and Development / Redevelopment Properties Unaudited (Dollars in Thousands)




SELECTED PROPERTY DATA - CONTINUED Retail Operating and Development / Redevelopment Properties Unaudited (Dollars in Thousands)




LARGEST TENANTS BY SLG SHARE OF ANNUALIZED CASH RENT Manhattan, Suburban, Retail, Residential and Development / Redevelopment Properties Unaudited (Dollars in Thousands Except Per SF)




TENANT DIVERSIFICATION Based on SLG Share of Annualized Cash Rent Unaudited



Category		Manhattan Properties			Suburban Properties

Arts, Ent. & Recreation			4.8	%		—	%
Business Services			2.4	%		—	%
Financial Services			32.4	%		29.7	%
Government / Non Profit			3.5	%		1.1	%
Legal			8.6	%		15.5	%
Manufacturing			2.5	%		9.7	%
Medical			3.0	%		0.2	%
Other			5.1	%		6.7	%
Professional Services			7.1	%		12.0	%
Retail			11.2	%		1.0	%

TAMI
	Technology		1.8	%		8.0	%
	Advertising		3.6	%		—	%
	Media		13.7	%		16.1	%
	Information		0.3	%		—	%

Total			100.0	%		100.0	%




LEASING ACTIVITY - MANHATTAN OPERATING PROPERTIES Available Space Unaudited




LEASING ACTIVITY - SUBURBAN OPERATING PROPERTIES Available Space Unaudited




ANNUAL LEASE EXPIRATIONS - MANHATTAN OPERATING PROPERTIES Office, Retail and Storage Leases Unaudited




ANNUAL LEASE EXPIRATIONS - SUBURBAN OPERATING PROPERTIES Office, Retail and Storage Leases Unaudited