NEW YORK–(BUSINESS WIRE)–

SL Green Realty Corp. (NYSE:SLG), New York City’s largest office

landlord, today announced that the Company’s Board of Directors has

authorized the repurchase of up to $1.0 billion of the Company’s common

stock. Under the program, the Company may purchase its shares from time

to time in the open market or in privately negotiated transactions. The

amount and timing of the purchases will depend on a number of factors

including the price and availability of the Company’s shares, trading

volume and general market conditions. The stock repurchase program may

be suspended or discontinued at any time.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and New York City’s largest

office landlord, is a fully integrated real estate investment trust, or

REIT, that is focused primarily on acquiring, managing and maximizing

value of Manhattan commercial properties. As of June 30, 2016, the

Company held interests in 119 Manhattan buildings totaling 44.7 million

square feet. This included ownership interests in 28.0 million square

feet of commercial buildings and debt and preferred equity investments

secured by 16.7 million square feet of buildings. In addition, the

Company held ownership interests in 31 suburban buildings totaling 4.9

million square feet in Brooklyn, Long Island, Westchester County,

Connecticut and New Jersey. For more information, please visit: https://slgreen.com/

Disclaimers

Forward-Looking Statements

This press release 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 press release that

address activities, events or developments that we expect, believe or

anticipate will or may occur in the future, are forward-looking

statements. Forward-looking statements are not guarantees of future

performance 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 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.

SLG-FIN

View source version on businesswire.com: http://www.businesswire.com/news/home/20160811005219/en/

SL Green Realty Corp.
Matt DiLiberto
Chief Financial Officer
212-594-2700

Source: SL Green Realty Corp.

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