SL Green’s CEO Marc Holliday is set to receive a $10 million bonus if the firm’s $4 billion Times Square casino proposal at 1515 Broadway succeeds, tied to EBITDA and operating revenue milestones. Holliday, who earned $18.5 million in 2023, mostly in shares, hasn’t received a cash bonus since 2015. SL Green, partnered with Caesars and Jay-Z’s Roc Nation, faces stiff competition for one of three New York gaming licenses. Despite recent shareholder pushback on Holliday’s pay and concerns over 1515 Broadway’s debt, the company extended his contract through 2028 and modified the building’s $743 million loan terms.
SL Green’s
