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G SL GREEN REALTY CORP . SL Green Realty Corp. Reports Second Quarter 2021 EPS of $ 1.51 per Share ; and FFO of $ 1.60 per Share July 21 , 2021 Financial and Operating Highlights • Net income attributable to common stockholders of $ 1.51 per share for the second quarter of 2021 as compared to $ 0.76 per share for the same period in 2020. Net income attributable to common stockholders for the second quarter of 2021 includes net gains of $ 108.3 million , or $ 1.47 per share , recognized from the sales of 635-641 Sixth Avenue and our interests in 605 West 42nd Street , as compared to a net gain of $ 65.4 million , or $ 0.82 per share , recognized from the sale of the retail condominium at 609 Fifth Avenue in the second quarter of 2020 . • Funds from operations , or FFO , of $ 1.60 per share for the second quarter of 2021 as compared to $ 1.70 per share for the same period in 2020. FFO for the second quarter of the prior year included $ 12.4 million , or $ 0.15 per share , of lease termination income as compared to just $ 1.1 million , or $ 0.02 per share , of lease termination income in the second quarter of 2021 . • To date in 2021 , the Company has repurchased or redeemed a combined 4.0 million shares of its common stock and units of its Operating Partnership , or OP units , under the previously announced $ 3.5 billion share repurchase plan , bringing total repurchases and redemptions to 36.5 million shares / units . • Signed 42 Manhattan office leases covering 557,703 square feet in the second quarter and 63 Manhattan office leases covering 910,455 square feet for the first six months of 2021. The mark - to - market on signed Manhattan office leases was 1.1 % lower for the second quarter and 1.7 % lower for the first six months of 2021 than the previous fully escalated rents on the same spaces . • Same - store cash net operating income , or NOI , including our share of same - store cash NOI from unconsolidated joint ventures , decreased by 3.7 % for the second quarter of 2021 and decreased by 2.4 % for the first six months of 2021 as compared to the same period in 2020 , excluding lease termination income , an interim level that is consistent with our full - year 2021 goals and objectives . • Manhattan same - store office occupancy was 93.6 % as of June 30 , 2021 , inclusive of leases signed but not yet commenced . Investing Highlights • Closed on the previously announced sale of 635-641 Sixth Avenue for a gross sale price of $ 325.0 million , equating to more than $ 1,200 per square foot . The transaction generated net cash proceeds to the Company of $ 313.2 million . • Closed on the previously announced sale of its 20.0 % interest in 605 West 42nd Street , also known as " Sky , " for a gross asset valuation of $ 858.1 million . The transaction generated net cash proceeds to the Company of $ 54.5 million . • Closed on the acquisition of the fee interest in 461 Fifth Avenue for a gross purchase price of $ 28.0 million pursuant to a purchase option under the ground lease at the property , thereby consolidating a leasehold position into 100 % unencumbered fee ownership . Financing Highlights • Along with our joint venture partners , closed on the previously announced $ 3.0 billion 10 - year fixed - rate refinancing of One Vanderbilt Avenue . The new financing carries a stated coupon of 2.855 percent , equivalent to a rate of 2.947 percent inclusive of hedging costs , and replaces the previous $ 1.75 billion construction facility that had an outstanding balance of approximately $ 1.54 billion at the time of repayment . Summary NEW YORK , July 21 , 2021 ( GLOBE NEWSWIRE ) SL Green Realty Corp. ( the " Company " ) ( NYSE : SLG ) today reported net income attributable to common stockholders for the quarter ended June 30 , 2021 of $ 105.3 million , or $ 1.51 per share , as compared to net income of $ 56.4 million , or $ 0.76