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New York

SL Green sees quarterly revenue increase

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The city’s largest office building landlord, SL Green Realty Corp., saw a 3.9 percent increase in first-quarter revenues year-over-year, the company announced yesterday. SL Green’s first-quarter revenues this year were $263.4 million. SL Green signed 32 Manhattan office leases, comprising a total of 296,849 square feet, in the first quarter, with average rents of $52.71 per square foot. Occupancy was 96.2 percent at the end of the first quarter, down from 96.7 percent at the end of 2008.

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