Press Release Details
SL Green Realty Corp. Names Edward V. Piccinich Executive Vice President
New York, NY- March 11, 2005 - SL Green Realty Corp. (NYSE: SLG) ("SL Green" or the "Company") announced today the promotion of Edward V. Piccinich, 42, to Executive Vice President and Director of Operations and Construction, effective immediately.
Mr. Piccinich joined SL Green as Senior Vice President, Director of Property Management and Construction in 2002. He is responsible for directly overseeing the management of 28 office buildings totaling approximately 17.4 million square feet for the Company, which has a total market capitalization of approximately $4.6 billion. Mr. Piccinich provides leadership and expertise on operational and construction issues to ensure premium asset care to all of SL Green's properties.
Mr. Piccinich's prior career achievements included Vice President at JP Morgan and General Manager of the World Trade Center. He is a member of REBNY's Management Division Board of Directors and is actively involved with the Building Owners and Managers Association, Muscular Dystrophy's MUSCLE Team and the Fountain Gallery.
Marc Holliday, President and Chief Executive Officer of SL Green commented, "I am very pleased to announce this promotion. Ed has done an outstanding job overseeing our operations and construction divisions, and has contributed significantly to the firm's main business strategy of continually upgrading the company's portfolio, operations and management and construction team. We wish him success in his new role, and are confident that he will continue to excel."
SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages a portfolio of Manhattan commercial office properties. The Company's portfolio consists of 28 properties aggregating approximately 17.4 million square feet. SL Green Realty Corp. is the only publicly held REIT that specializes exclusively in this niche geographic market.
Forward-looking Information
This press release contains forward-looking nformation based upon the Company's current best judgment and expectations. Actual results could vary from those presented herein. The risks and uncertainties associated with forward-looking information in this release include the strength of the commercial office real estate markets in New York, competitive market conditions, unanticipated administrative costs, timing of leasing income, general and local economic conditions, interest rates, capital market conditions, tenant bankruptcies and defaults, the availability and cost of comprehensive insurance, including coverage for terrorist acts, and other factors, which are beyond the Company's control.
We undertake no obligation to publicly update or revise any of the forward-looking information. For further information, please refer to the Company's filing with the Securities and Exchange Commission.
To be added to the Company's distribution list, or to obtain the latest news releases and other Company information, please visit our website at www.slgreen.com or contact Investor Relations at 212-216-1601.
CONTACT
Marc Holliday
Chief Executive Officer
(212) 594-2700
or
Michelle M. LeRoy
Investor Relations
(212) 594-2700