NEWS

SL Green Joins Mayor de Blasio’s Carbon Challenge Across 7 Million Square Feet

NEW YORK–(BUSINESS WIRE)–

SL Green Realty Corp. is proud to announce its participation in the New

York City Mayor’s Carbon Challenge for Commercial Owners and Tenants

across 7 million square feet of the Company’s portfolio.

In One New York: The Plan for a Strong and Just City, Mayor de Blasio

has established the ambitious goal of reducing citywide greenhouse gas

emissions 80 percent by 2050 (80 x 50). The Carbon Challenge is a

voluntary pilot program that encourages landlords and tenants to support

the City’s emission reduction goals through collaborative energy

efficiency initiatives.

“It is a company-wide priority that our buildings operate at the highest

efficiency standards,” said Marc Holliday, Chief Executive Officer of SL

Green. “We employ best practices and lead by example, while aligning our

sustainability program with the goals enumerated by the City and other

international urban business districts.”

SL Green and its participating tenants have committed to reducing

greenhouse gas emissions from their buildings by 30 percent or more in

10 years.

“As New York City’s largest commercial landlord, SL Green is responsible

for working with our tenants to strengthen our community’s resiliency.

We recognize that landlord initiatives alone will not address the City’s

emission reduction goals—instead, landlord-tenant partnerships are

critical,” said Elizabeth Majkowski, Senior Vice President, Operations

and Director of Sustainability for SL Green.

According to the Mayor’s Office of Sustainability, the Challenge is

projected to reduce citywide greenhouse gas emissions by an additional

60,000 metric tons of carbon dioxide equivalent (tCO2e)—the equivalent

of taking almost 13,000 cars off the roads—and result in an estimated

$50 million in energy cost savings.

More information on SL Green’s sustainability program can be found in

the Company’s 2016 sustainability report and website, accessible here: slgreen.com/sustainability.

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 December 31, 2016, the

Company held interests in 127 Manhattan buildings totaling 47.8 million

square feet. This included ownership interests in 28.1 million square

feet of commercial buildings and debt and preferred equity investments

secured by 19.7 million square feet of buildings. In addition, the

Company held ownership interests in 30 suburban buildings totaling 4.8

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

Connecticut and New Jersey.

To be added to the Company’s distribution list or to obtain the latest

news releases and other Company information, please visit our website at www.slgreen.com

or contact Investor Relations at (212) 594-2700.

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-GEN

SL Green Realty Corp.
Elizabeth Majkowski
Director of

Sustainability
Senior Vice President, Operations
212-356-4154

Source: SL Green Realty Corp.

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