Exhibit 12.2
SL Green Operating Partnership, L.P.
Ratio of Earnings to Combined Fixed Charges and Preferred Unit Distributions
(Dollars in Thousands)
	Year Ended December 31,
	2017		2016			2015			2014			2013
Earnings
Income from continuing operations	$	241,531	$	233,415		$	253,186		$	142,493		$	99,479
Joint venture cash distributions	347,782		370,759			176,049			438,041			86,631
Interest	255,523		320,957			325,399			331,439			329,752
Amortization of interest capitalized	37		40			549			305			44
Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges	21,770		(574		)	(1,497		)	(1,109		)	(2,054		)
Amortization of loan costs expensed	16,498		24,564			27,348			22,811			16,695
Portion of rent expense representative of interest	30,033		30,588			29,375			32,522			35,100
Total earnings	$	913,174	$	979,749		$	810,409		$	966,502		$	565,647
Fixed Charges and Preferred Unit Distributions
Interest	$	255,523	$	320,957		$	325,399		$	331,439		$	329,752
Interest capitalized	26,020		24,067			31,108			26,676			11,853
Amortization of loan costs expensed	16,498		24,564			27,348			22,811			16,695
Preferred stock dividends	14,950		14,950			14,952			14,952			21,881
Portion of rent expense representative of interest	30,033		30,588			29,375			32,522			35,100
Total fixed charges and Preferred Stock dividends	$	343,024	$	415,126		$	428,182		$	428,400		$	415,281
Ratio of earnings to combined fixed charges and Preferred Unit distributions	2.66		2.36			1.89			2.26			1.36
The ratios of earnings to combined fixed charges and preferred unit distributions were computed by dividing earnings by fixed charges. For the purpose of calculating the ratios, the earnings have been calculated by adding fixed charges to income from continuing operations before adjustment for noncontrolling interests plus distributions from unconsolidated joint ventures, excluding gains or losses from sale of property, purchase price fair value adjustments, gains and losses on equity investment and the cumulative effect of changes in accounting principles. With respect to SL Green Operating Partnership, L.P., fixed charges and preferred stock distributions consist of interest expense including the amortization of debt issuance costs, rental expense deemed to represent interest expense and preferred distributions paid on its 7.625% Series C, its 7.875% Series D and its 6.50% Series I cumulative redeemable Preferred Units.