Key Takeaways Premium portfolio positioning and growing tenant demand in key Manhattan locations support higher occupancy, rent growth, and improving net operating margins. Strategic asset recycling, transformative projects, and tight supply dynamics are expected to drive earnings growth and expand high-margin revenue streams.Read more

Key Takeaways Outsized recurring profits from distress cycles and surging tenant demand are expected to drive significantly stronger earnings and rent growth than currently anticipated. Potential Times Square casino and global experiential platform expansion could unlock new revenue streams, elevate asset values, and drive multi-year outperformance.Read more

Key Takeaways Shifts to remote work and concerns over Manhattan real estate weaken leasing stability and long-term revenue outlook. Rising ESG compliance costs and refinancing risks threaten margins and financial flexibility amid changing tenant and investor priorities.Read more
