#empire-state-realty-trust

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#reit-performance #remotehybrid-work-impact #tourism-slowdown #manhattan-office-market
NYC real estate
fromBenzinga
2 weeks ago

NYC's Empire State Building Is Feeling The Squeeze From Remote Work, Tourism Weakness: Growth Score Drops - Empire State Realty Trust (NYSE:ESRT)

A New York City REIT owning the Empire State Building faces prolonged struggles as remote work and weak tourism reduce earnings and stock performance.
NYC real estate
fromNew York Post
8 months ago

Empire State Building's landlord enjoys King Kong-size boost from tenant expansions

Manhattan's office market sees successful lease expansions despite overall vacancy; ESRT thrives with high occupancy and rising rents.
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