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Investors - JUNE 3, 2020

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SL Green Corp. develops plan for re-entry for tenants

by Andrea Zander

SL Green Realty Corp. has begun implementing its “SLG Forward” initiative, a comprehensive approach to providing a safe and welcoming environment to all tenants, visitors and employees. The plan includes a significant financial investment by the REIT to provide enhancements to every property’s environment, infrastructure, procedures, technology, cleaning and air filtration in response to COVID-19.

“We have developed a strong re-entry plan to welcome tenants back to their offices in the coming weeks,” said Marc Holliday, chairman and CEO of SL Green Realty Corp.

In other news, since April, SL Green has closed, or placed under contract, dispositions and joint ventures totaling $919.3 million of transaction value. As a result of the transactions, the company has achieved its goal more than 30 days ahead of its initial timeline for its $1 Billion Dollar Plan, which was to amass at leas

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