NEW YORK--(BUSINESS WIRE)--SL Green Realty Corp. (NYSE:SLG), New York City’s largest commercial property owner, announced today that Edward V. Piccinich has been promoted to the position of Chief Operating Officer, effective January 1, 2018. He was previously Executive Vice President of Operations and Construction.
Over the course of 16 years at SL Green, Mr. Piccinich has expanded his role from oversight of construction, development, operations, and management of SL Green’s portfolio, to include human resources, sustainability, and information technology.
“For the past 16 years, Ed has been a tremendous partner and problem solver, bringing a tireless work ethic to a growing portfolio of critical functions that help SL Green maintain its market-leading position. Ed tackles the difficult challenges and ensures the portfolio runs smoothly, and we are extremely proud to have him continue to take on more responsibility,” said Marc Holliday, SL Green’s Chief Executive Officer.
“Ed is someone we can always count on to get the job done, from complex construction projects to implementing new technologies across numerous properties. Ed has succeeded in everything he’s taken on at SL Green and he will be terrific in this role,” said Andrew Mathias, President of SL Green.
During Mr. Piccinich’s tenure, SL Green has increased operational efficiencies that improve quality and reduce costs. He oversees the construction of One Vanderbilt, a 1.7 million-square-foot, state-of-the-art office tower currently being developed adjacent to Grand Central Terminal that will transform New York’s skyline and provide $220 million of public transit improvements.
“SL Green has afforded me the opportunity to work on groundbreaking projects across New York City. I look forward to continuing to work with the best team in the business to further enhance our portfolio with tenacity, passion, and creativity,” Mr. Piccinich said.
About SL Green Realty Corp.
SL Green Realty Corp., an S&P 500 company and New York City's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of September 30, 2017, SL Green held interests in 118 Manhattan buildings totaling 47.8 million square feet. This included ownership interests in 27.5 million square feet of Manhattan buildings and debt and preferred equity investments secured by 20.3 million square feet of buildings. In addition, SL Green held ownership interests in 27 suburban buildings totaling 4.3 million square feet in Brooklyn, Long Island, Westchester County, Connecticut, and New Jersey. 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) 594-2700.
Forward-looking Statement
This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms.
Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements are described in our filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.
SLG-GEN
