PresentationGood afternoon. Welcome to Bank of America's 2025 Global Real Estate Conference. I'm Jana Galan, and I cover the office REITs at Bank of America. We're very pleased to have with us SL Green's CFO, Matt DiLiberto; EVP, Director of Leasing, Steve Durels; Chief Investment Officer, Harrison Sitomer; and the VP of Corporate Finance, [ Andrew Mayer ]. First, I will turn it over to Matt for a few opening remarks, and then we can jump into Q&A.Matthew DilibertoChief Financial Officer Great. Good afterno ...

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]