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SL Green Realty Corp. Announces $0.10 Dividend on its Common Stock for Third Quarter 2010

New York, NY - September 20, 2010 - SL Green Realty Corp. (NYSE: SLG) today reported that its Board of Directors has declared a dividend of $0.10 per share of common stock for the quarter ending September 30, 2010. The dividend is payable on October 15, 2010 to shareholders of record at the close of business on September 30, 2010.

The Board of Directors also declared the regular quarterly dividends on the Company's Series C and D Preferred Stock for the period July 15, 2010 through and including October 14, 2010, of $0.4766 and $0.4922 per share, respectively, which are the equivalent of annualized dividends of $1.9064 and $1.9688, respectively. Dividends are payable October 15, 2010 to shareholders of record at the close of business on September 30, 2010.

About SL Green Realty Corp.
SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages Manhattan office properties. The Company is the only publicly held REIT that specializes in this niche. As of June 30, 2010, the Company owned interests in 30 New York City office properties totaling approximately 22,012,215 square feet, making it New York's largest office landlord. In addition, at June 30, 2010, SL Green held investment interests in, among other things, eight retail properties encompassing approximately 374,812 square feet, three development properties encompassing approximately 399,800 square feet and two land interests, along with ownership interests in 31 suburban assets totaling 6,804,700 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.

CONTACT
Gregory F. Hughes
Chief Financial Officer
or
Heidi Gillette
Investor Relations
(212) 594-2700

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