SL Green Realty Corp. (NYSE:SLG) Q4 2022 Earnings Call Transcript

Andrew Mathias: No, no. I don’t — I mean you didn’t hear that commentary from us. I don’t — so not at all. If you look at our tenant base at 919, it’s about as institutional roster as you get. We sold 885 Third Avenue to a hospital at a great price at the end of last year if whoever gave that commentary missed that print. And I don’t that makes absolutely no difference in the financing model.

Matthew DiLiberto: And 220 2nd Street matures in 2025. So we’re not discussing that right now.

Marc Holliday: Operator?

Operator: I’m not showing any additional questions in the queue at this time, sir.

Marc Holliday: Okay. Well, for anyone who’s still on the phone, I would encourage you to check out highlights from today’s 2023, state of the city address that Mayor Adams gave this morning. And it announced amongst a host of other things, several exciting investments that were born out of the New York plan that a lot of stakeholders worked on, including us here at Green in order to create an action plan to really bring New York forward. And it was great to see how quickly the recommendations were developed, how executable they were in their communication and now to see Mayor Adams including much of that in the state of the city, which includes hundreds of millions of dollars of investment in new public spaces and permanent open streets, which we think is great for the city to make CBDs 24/7 cities in Manhattan and all 5 boroughs he reaffirmed his commitment to building more housing and more affordable housing through what he calls the city of yes, by making the necessary modifications to zoning and working with counsel to make that happen and making the incentives in place there for conversion of office to residential as well as new development and other investments in quality of life initiatives in and around the commercial corridors throughout the city, which I think are very much needed and appreciated.

So the city and state are working together towards common goals, making the city safer, cleaner, better and it’s a good thing to see. And more on that to come. So thank you for joining us today.

Operator: Ladies and gentlemen, thank you for participating in today’s conference. This concludes the program. You may now disconnect. Everyone, have a wonderful day.