SL GREEN REALTY CORP
No enriched coverage for $SLG in the last 7 days.
JP Morgan raised its price target for SL Green Realty (SLG) to $61.00 from $51.00, maintaining a Neutral rating. GuruFocus estimates SLG is 16.7% overvalued with a GF Score of 56/100. Insiders sold $2.32M in shares over the last three months. SLG has a market cap of $4.15B and manages 31.4M sq ft of office space in Manhattan.
Sitomer Harrison (PRESIDENT & CIO) sold 40,000 shares of SL GREEN REALTY CORP (SLG) at an average of $58.06 ($57.69–$58.52, $2.32M total) across 3 trades over 2026-08-20 to 2026-08-21.
Hoya Capital reports that 83% of U.S. REITs raised full-year FFO guidance in Q2 2026, with strong performance in hospitality, industrial, and office sectors. SL Green and BXP led office sector gains. Despite strong earnings, high interest rates dampened investor sentiment, with the Equity REIT Index down 0.7% in July-August. Hospitality REITs saw 10.6% FFO growth, while industrial REITs reported 4.4% FFO growth. Residential REITs faced challenges due to high supply and interest rates.
Recent SLG coverage spans financial news, sector analysis and regulation.
In the last 30 days, SLG insiders filed 3 SEC Form 4 transactions — no purchases and 3 sales ($2.3M). The most active reporter was Sitomer Harrison, PRESIDENT & CIO, with 3 filings.
The target increase suggests modest upside potential, but the Neutral rating tempers expectations.
Insider sale may signal reduced confidence, potentially pressuring the stock short-term.
Positive earnings beat may support short-term price upside.
Management control transfer signals heightened distress risk in SLG’s core New York office portfolio and may worsen near-term cash flow and refinancing optics.
Read-through is bullish for SLG’s office repositioning thesis, but the piece is primarily market commentary rather than a fresh disclosure.
alphai scores every news story that mentions SLG with an AI model for sentiment and relevance, and aggregates insider trades from SL GREEN REALTY CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
JP Morgan raised its price target for SL Green Realty (SLG) to $61.00 from $51.00, maintaining a Neutral rating. GuruFocus estimates SLG is 16.7% overvalued with a GF Score of 56/100. Insiders sold $2.32M in shares over the last three months. SLG has a market cap of $4.15B and manages 31.4M sq ft of office space in Manhattan.
2 min readSitomer Harrison (PRESIDENT & CIO) sold 40,000 shares of SL GREEN REALTY CORP (SLG) at an average of $58.06 ($57.69–$58.52, $2.32M total) across 3 trades over 2026-08-20 to 2026-08-21.
1 min readHoya Capital reports that 83% of U.S. REITs raised full-year FFO guidance in Q2 2026, with strong performance in hospitality, industrial, and office sectors. SL Green and BXP led office sector gains. Despite strong earnings, high interest rates dampened investor sentiment, with the Equity REIT Index down 0.7% in July-August. Hospitality REITs saw 10.6% FFO growth, while industrial REITs reported 4.4% FFO growth. Residential REITs faced challenges due to high supply and interest rates.
2 min readSimply Wall St reports SL Green Realty lost day-to-day management rights for the 49-story Worldwide Plaza office tower in Midtown Manhattan after the property entered court-supervised receivership tied to foreclosure and disputes involving senior lenders and Extell Development. The article links the change to ongoing legal and refinancing pressures in SLG’s New York office portfolio, citing SLG Q2 2026 results and 2029 forecast revenue of $697.4M and earnings of $43.4M.
6 min readThe article cites Ariel Property Advisors data showing NYC investment property sales of $17.38B in 1H 2026, up 37% YoY, with multifamily up 21% to $4.95B. Free-market multifamily led with 69% ($3.39B). It also discusses rent-stabilized distress, including 57,000 vacant units and rent-stabilized buildings trading at a 63% average discount. It mentions SL Green buying Park Avenue Tower for $730M.
7 min readNYC’s Department of Buildings issued a partial stop-work order on SL Green’s 750 Third Avenue office-to-residential conversion after a structural failure at the former Pfizer headquarters redevelopment. Construction is also halted at GFP Real Estate’s 222 Broadway and briefly at Vanbarton’s 77 Water Street. The article cites 17,000 proposed apartments since 2020 and notes Related’s 70 Hudson Yards with Deloitte committed to about 900,000 sq ft.
6 min readNYC DOB issued a partial stop-work order on SL Green Realty’s $805 million conversion at 750 Third Avenue after DOB cited improper welding and plan inconsistencies. Work is halted on steel above the eighth floor at the 34-story building. SL Green said no structural issues exist and it seeks to rescind the order, citing ongoing work and no expected schedule impact.
5 min readSL Green Realty Corp (SLG) discussed Q2 2026 earnings call topics including leasing and capital markets. Management said One Vanderbilt is fully leased and noted potential recapture and re-leasing at 346 Madison, with pending deals expected to be signed soon. The leasing pipeline totals 900,000 sq ft, split 50/50 new and renewals, and refinancing for 245 Park is in advanced stages, with more announcements expected.
4 min readHelaba, a German bank, exited foreclosure litigation over a $50 million mortgage tied to Jeff Sutton’s Herald Square retail property at 29 W. 34th Street, according to July 17 court records. The mortgage was reassigned to 29 W. 34th Street Holdings LLC and then to 29 W. 34th Street Lender LLC. Sutton and SL Green executives are involved; a settlement is possible, per sources.
7 min readSL GREEN REALTY CORP (SLG) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.2 3 a26q2supplemental.htm EX-99.2 Document SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties.
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