SL Green Realty Corp. (SLG) raised its 2026 FFO guidance to $6.50–$6.70 per share from $5.60–$5.90, mainly reflecting income from the sale of a hospitality joint venture interest. Third-quarter net income was $1.01 per share, versus $0.34 a year earlier, driven by gains on real estate sales, while FFO was $1.59 per share compared with $1.58. Manhattan office occupancy reached 95.0% as of Sept. 30, up from 92.9% at the end of 2025. The company sold a 20% interest in its food and beverage hospitality operations for $40 million and is continuing a $2.5 billion capital recycling program. Management said persistently high interest rates are a headwind of $0.25 per share to 2026 guidance and have affected the timing of dispositions.
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