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SL Green Realty Corp. is a self-managed real estate investment trust. The Company is engaged in the acquisition, development, redevelopment, repositioning, ownership, management and operation of commercial real estate properties, principally office properties, located in the New York metropolitan area, principally Manhattan. It has two segments.
Its primary business objective is to maximize the total return to stockholders, through net income attributable to common stockholders, funds from operations, and through asset value appreciation. It also owns interests in 11 prime retail properties encompassing approximately 0. 3 million square feet, eight buildings in differing stages of development or redevelopment encompassing approximately 4. 4 million square feet, and one residential building encompassing 209 units. It owns a building comprised of approximately 140,382 square feet of residential space and approximately 50,206 square feet of office and retail space that is under development. .