SL Green Increases Common Dividend by 20%

Announces $2.88 Annual Dividend


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

property owner and an S&P 500 company, today reported that its board of

directors increased the Company’s quarterly dividend on its common stock

and OP units by 20%, resulting in a new annual dividend of $2.88 per

share. In connection therewith, the board of directors declared the

fourth quarter dividend of $0.72 per share of common stock. The dividend

is payable on January 15, 2016 to shareholders of record at the close of

business on January 4, 2016.

Matt DiLiberto, SL Green’s Chief Financial Officer, said, “We are

pleased to be meaningfully increasing the common dividend again this

year. This increase is reflective of the earnings growth generated by

our investment and operating strategies while retaining cash flow to

fund high returning investment opportunities.”

The board of directors also declared the regular quarterly dividend on

the Company’s Series I Preferred Stock for the period October 15, 2015

through and including January 14, 2016, of $0.40625 per share, which is

the equivalent of an annualized dividend of $1.625 per share. The

dividend will be payable January 15, 2016 to shareholders of record at

the close of business on January 4, 2016.

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 September 30, 2015, SL

Green held interests in 121 Manhattan buildings totaling 43.2 million

square feet. This included ownership interests in 30.6 million square

feet of commercial buildings and debt and preferred equity investments

secured by 12.6 million square feet of buildings. In addition to its

Manhattan investments, SL Green held ownership interests in 35 suburban

buildings totaling 5.3 million square feet in Brooklyn, Long Island,

Westchester County, Connecticut and New Jersey. For more information,

please visit:

Forward-looking Statement

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



SL Green Realty Corp.
Matt DiLiberto
Chief Financial Officer

Source: SL Green Realty Corp.

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