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Tenant risk, casino snub weigh on SL Green’s Times Square office tower

S&P cuts debt outlook, citing heightened concerns
Paramount Global is the sole office tenant at 1515 Broadway in Times Square, pictured at center. (CoStar)
Paramount Global is the sole office tenant at 1515 Broadway in Times Square, pictured at center. (CoStar)
CoStar News
April 22, 2026 | 8:37 P.M.

Debt ratings on SL Green Realty’s high-profile Times Square office building, home to the Broadway production of “The Lion King,” were cut this week over concerns about the property’s long-term prospects.

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News | Tenant risk, casino snub weigh on SL Green’s Times Square office tower