Manhattan Office Glut Grows as Landlords Face Resurgent Pandemic
Bloomberg, Nov. 13, 2020–Natalie Wong
Shares of SL Green, the biggest office landlord in New York, are down about 30% since March. To some, that decline merely hints at the pain yet to come for the entire industry, its investors and its lenders given the head-snapping drop in demand and lease signings across the city.
https://www.bloomberg.com/news/articles/2020-11-13/manhattan-office-glut-grows-as-landlords-face-resurgent-pandemic?srnd=premium