Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
GREEN STEPHEN L
   2. Issuer Name and Ticker or Trading Symbol
SL GREEN REALTY CORP [SLG] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman
(Last)
(First)
(Middle)
C/O SL GREEN REALTY CORP., 420 LEXINGTON AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
12/21/2012
(Street)

NEW YORK, NY 10170		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/21/2012   C   225,000 A (1) 225,000 I By SL Green Properties Inc.
Common Stock 12/21/2012   C   46,000 A (4) 46,000 I By SLG Holding V LP
Common Stock 12/21/2012   S   225,000 D $ 76.77 (9) 0 I By SL Green Properties Inc.
Common Stock 12/21/2012   S   46,000 D $ 76.59 (10) 0 I By SLG Holding V LP
Common Stock               28,453 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class A Units of SL Green Operating Partnership, L.P. (1) 12/21/2012   C     225,000 08/20/1999   (2) Common Stock 225,000 $ 0 680,484 I By SL Green Properties Inc.
Class A Units of SL Green Operating Partnership, L.P. (4) 12/21/2012   C     46,000 (5) 08/20/1999   (2) Common Stock 46,000 $ 0 0 I By SLG Holding V LP
Class A Units of SL Green Operating Partnership, L.P. (3)             08/20/1999   (2) Common Stock 476   476 I By EBG Midtown South Corp.
Class A Units of SL Green Operating Partnership, L.P. (3)             08/20/1999   (2) Common Stock 19,048   19,048 I By wife
Class A Units of SL Green Operating Partnership, L.P. (3)             08/20/1999   (2) Common Stock 70,000   70,000 I By SLG Holding III LP
Class A Units of SL Green Operating Partnership, L.P. (3)             08/20/1999   (2) Common Stock 21,428   21,428 (6) I By Northwest Partners
Class A Units of SL Green Operating Partnership, L.P. (3)             08/20/1999   (2) Common Stock 31,013   31,013 (5) D  
Class A Units of SL Green Operating Partnership, L.P. (3)             08/20/1999   (2) Common Stock 0   0 (7) I By 673 First Realty Corp.
Class A Units of SL Green Operating Partnership, L.P. (3)             08/20/1999   (2) Common Stock 0   0 (8) I By Sixth Avenue Associates

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GREEN STEPHEN L
C/O SL GREEN REALTY CORP.
420 LEXINGTON AVENUE
NEW YORK, NY 10170		   X     Chairman  

Signatures

 /s/ Andrew S. Levine, attorney-in-fact   12/26/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) SL Green Properties Inc. redeemed 225,000 Class A Units of SL Green Operating Partnership, L.P. for an equal number of shares of Common Stock of SL Green Realty Corp.
(2) None.
(3) Upon redemption, SL Green Realty Corp. may, at its option, issue one share of Common Stock of SL Green Realty Corp. for each Class A Unit of SL Green Operating Partnership, L.P. or the cash equivalent value thereof to the reporting person.
(4) SLG Holding V LP redeemed 46,000 Class A Units of SL Green Operating Partnership, L.P. for an equal number of shares of Common Stock of SL Green Realty Corp.
(5) 46,000 Class A Units of SL Green Operating Partnership, L.P. that were previously reported as directly held by the reporting person were transferred to SLG Holding V LP by the reporting person.
(6) 21,428 Class A Units of SL Green Operating Partnership, L.P. represents the reporting person's proportiate interest of the Class A Units of SL Green Operating Partnership, L.P. held by Northwest Partners. The reporting person previously disclosed all Class A Units of SL Green Operating Partnership, L.P. held by Northwest Partners.
(7) As reported on a prior Form 4, all 3,810 units Class A Units of SL Green Operating Partnership, L.P. owned by 673 First Realty Corp were redeemed for an equal number of shares of Common Stock of SL Green Realty Corp. 673 First Realty Corp. currently holds no Class A Units of SL Green Operating Partnership, L.P.
(8) As reported on a prior Form 4, all 249,552 units Class A Units of SL Green Operating Partnership, L.P. owned by Sixth Avenue Associates were redeemed for an equal number of shares of Common Stock of SL Green Realty Corp. Sixth Avenue Associates currently holds no Class A Units of SL Green Operating Partnership, L.P.
(9) Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $76.31 to $77.24 per share, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
(10) Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $76.47 to $76.65 per share, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.