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SL Green Realty Corp.
SLG has issued the following statement:
Initial assessments have identified minimal damage, if any, at most properties
in SL Green's New York City portfolio.
The most impacted property is 180 Maiden Lane, located in Zone A, which
experienced heavy flooding. SL Green engineers and other professionals are
working to remove the remaining water in the building's basement and to
restore operating systems as soon as possible. Four other buildings owned and
managed by the Company remain without power from Con Ed. Those buildings are
100 Church Street, 641 Sixth Avenue, 304 Park Avenue South, and 673 First
Avenue.
The Company carries comprehensive property, casualty and flood insurance and
full coverage of losses is anticipated.
SL Green's offices are open today. The Company will continue to monitor the
portfolio for any further developments
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