Core Insights - SL Green is Manhattan's largest office owner and has been a public company since 1997 [2] - The company primarily focuses on core Midtown properties, especially around Grand Central, with One Vanderbilt being a hallmark project [2] - SL Green has a management team with an average tenure of over 20 years, indicating stability and experience [2] Business Activities - The company engages in debt investing, recently through a fund, which is a significant aspect of its business strategy [2] - There is a noted momentum in the market, suggesting positive trends for SL Green's operations and investments [2][3]

Core Insights - Office REITs experienced significant losses during the recent REIT earnings season, as reported by Hoya Capital, a leading source for sector-level REIT analysis [1] - Following a strong performance in Q4, office leasing volumes for Q1 2025 were disappointing, indicating a potential downturn in the sector [1] Summary by Category Industry Performance - Office REITs were identified as one of the main losers in the REIT earnings season, highlighting challenges within the sector [1] Leasing Activity - The office leasing volumes for Q1 2025 fell short of expectations after a robust Q4, suggesting a decline in demand for office space [1]