Thursday 23 July 2020

SL Green still believes in New York

Though New York City reached Phase 4 of reopening this week, office workers have been slow to return. As the city’s largest commercial landlord, executives at SL Green are seeing this first-hand. “Office space utilization is still quite low during these summer months,” CEO Marc Holliday said on a second-quarter earnings call Thursday. “Most of our tenants are telling us that they are planning for a 50-percent, plus or minus, return to the office after



source https://therealdeal.com/2020/07/23/sl-green-still-believes-in-new-york/

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