SL Green Signs Swatch for Balance of Retail Space at 1515 Broadway

SL Green Realty Corp (NYSE:SLG) today announced that Swatch, the multinational company active in the manufacture and sale of finished watches and jewelry, signed a 2,113-square-foot lease for a Times Square store on the ground floor of 1515 Broadway. This transaction completes the lease-up of the retail space at the 54-story, 1.8 million-square foot building located in the heart of Times Square at 45th Street. The Swatch lease follows the recently announced lease with Skechers USA for the adjacent space, which was executed in December, 2014.

“We are thrilled that such a celebrated, global manufacturer of timepieces has decided to open a location at our building,” said Brett Herschenfeld, Managing Director. “Demand from retailers for space in and around Times Square continues unabated.”

Haim Chera of Crown Realty represented Swatch in the transaction, while Jeffrey Roseman of Newmark Grubb Knight Frank acted on behalf of SL Green.

About SL Green Realty Corp.

SL Green Realty Corp., New York City's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2014, SL Green held interests in 101 Manhattan buildings totaling 42.4 million square feet. This included ownership interests in 28.0 million square feet of commercial buildings and debt and preferred equity investments secured by 14.4 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 36 suburban buildings totaling 5.9 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com/

SLG- LEAS

Forward-looking Statement

This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements are described in our filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.