NEW YORK, July 20 /PRNewswire/ -- SL Green Realty Corp. (NYSE: SLG) today
announced that David J. Nettina, 45, has been appointed President of the
Company, succeeding Stephen L. Green, 60, who retains his position as Chairman
of the Board and Chief Executive Officer.  Mr. Nettina also retains his title
as Chief Operating Officer of the Company, which he has held since joining the
Company in July 1997.
    Prior to SL Green Realty Corp., from March 1986 to July 1997, Mr. Nettina
held various executive management positions with The Pyramid Companies, with
offices in Syracuse, N.Y.  During his tenure with Pyramid, Mr. Nettina served
in various positions including the Company's Chief Financial Officer, and as a
development partner.
    Prior to Pyramid, Mr. Nettina was President of Citibank (Maine), N.A., and
held various financial positions with Citibank (NYS) N.A.
    Stephen Green, Chairman and Chief Executive Officer of SL Green,
commented, "We are very pleased to announce David's appointment as President.
Since joining SL Green in July 1997, David has been an integral part of our
firm's rapid and successful growth, including the completion of our initial
public offering last August and our secondary offering which was completed in
mid-May 1998.  Through these activities, we have been able to raise over
$614 million in gross equity proceeds, which has allowed SL Green to increase
its Class B office portfolio by over 3.7 million square feet or 168%.  In
David's new role he will be focusing an increasing amount of his attention on
our operating and development functions, while still overseeing the financial
and capital market activities.  As you know, Ann Iseley recently joined our
firm to assume David's role as Chief Financial Officer, to pave the way for
this move."
    SL Green Realty Corp. is a fully integrated, self-administered and self-
managed real estate investment trust ("REIT") which primarily owns, manages,
leases, acquires and repositions Class B office properties in Manhattan.

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