SL Green revenue reached $273 million in the third quarter of 2026, up from $244.8 million a year earlier, as the company announced on October 21. Its Manhattan same-store office occupancy improved to 95% as of September 30, although that figure includes signed leases that had not yet taken effect.
Key Takeaways
- Third-quarter Manhattan same-store cash net operating income increased 5% year over year.
- The 95% office occupancy figure includes signed but not yet effective leases.
Table of Contents
SL Green revenue rises alongside Manhattan portfolio gains
The revenue increase accompanied stronger operating results in SL Green Realty Corp.’s core Manhattan portfolio. Same-store cash net operating income rose 5% from the third quarter of 2025, while the occupancy improvement provided another positive leasing indicator.
The occupancy qualification matters: the reported 95% includes commitments that were signed but not yet effective, rather than only leases already in effect at quarter-end.
SL Green is a self-managed real estate investment trust focused primarily on owning, managing, leasing and developing Manhattan commercial office properties.
Trailing earnings remain negative
SL Green’s trailing 12-month earnings per share were negative $2.72.
Over the preceding 12 months, insider sales totaled approximately $3.6 million, with no insider purchases.
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