SL Green's Sluggish Leasing Sends Stock Tumbling As REIT Readies For Turnaround
The office REIT’s Q3 earnings report indicated SL Green’s bumpy ride throughout 2023 is far from over.
The office REIT’s Q3 earnings report indicated SL Green’s bumpy ride throughout 2023 is far from over.
Branded offices are becoming the norm in today's market. Companies that want to bring employees back should focus on creating a sense of community and culture.
The REIT, New York's biggest office landlord, is seeing its stock shorted far more than its competitors.
Empire State Development is taking 117K SF on floors two through six at Durst's 655 Third Ave.
WeWork is renegotiating deals and exiting leases that aren't performing well.
Kim said uncertainty is still increasing in commercial real estate, to the detriment of property values.
The GSA’s plan also involves consolidating workers in federally owned buildings rather than leased space, spending a proposed $1.6B on renovations.
Amazon CEO Andy Jassy says it isn't fair to workers who have come back for the mandated three days per week that others won't return.
Office properties will continue to be the hardest hit as the market realigns, CBRE Group CEO Bob Sulentic says.
The drop is the latest bad news for Brookfield-owned office properties.
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