Press Release Details

New York, NY, May 17, 2005 - SL Green Realty Corp. (NYSE: SLG) today announced that it will host an investor property tour on Tuesday, June 7, 2005 from 9:00 am to approximately 12:00 pm ET. The tour will feature several of its recently acquired Manhattan office properties including 485 Lexington Avenue, 1515 Broadway and One Madison Avenue. For additional information please refer to the Investor Calendar on the Company's web site at www.slgreen.com or contact Investor Relations.

Company Profile

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 30 properties aggregating approximately 18.7 million square feet. SL Green Realty Corp. is the only publicly held REIT that specializes exclusively in this niche geographic market.

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.

Forward-looking Information

This press release contains forward-looking information 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.

CONTACT

Michelle M. LeRoy
Investor Relations
(212) 594-2700