SL Green Realty Corp. is a real estate investment trust (REIT) based in New York City, specializing in commercial real estate. The company was founded in 1980 by Stephen L. Green and Robert L. Green. SL Green is one of the largest office landlords in New York City, with a substantial portfolio of properties in prime locations across Manhattan. SL Green Realty Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol "SLG." It is a component of various stock market indices, including the S&P 500 Index, which represents the performance of 500 large companies listed on U.S. stock exchanges.
As a real estate investment trust, SL Green's primary focus is on acquiring, owning, managing, and leasing commercial properties. Their portfolio includes office buildings, retail spaces, and mixed-use properties. They cater to a diverse range of tenants, including businesses from various industries, financial institutions, and retail outlets.
SL Green is known for its strategic approach to real estate investment and development. They actively seek value-add opportunities and have a track record of repositioning and redeveloping properties to enhance their value. The company aims to maximize returns for its shareholders while providing quality spaces for tenants and contributing to the growth of the New York City commercial real estate market.
Over the years, SL Green has played a significant role in shaping New York City's skyline and commercial landscape. The company's commitment to sustainable practices is reflected in their portfolio of LEED-certified buildings, designed to meet high environmental standards. Additionally, they have been involved in community development and philanthropic initiatives to support the neighborhoods where they operate.