SL Green’s lament: Office comeback “always right around the corner”

As New York City progressed through the different reopening phases over the summer, office landlords pointed to Labor Day as a likely turning point to herald the return of its workers. So far, that hasn’t panned out. On SL Green’s third quarter earnings call Thursday, company executives acknowledged that their predictions had proven overly optimistic. At the properties of New York’s largest commercial landlord, occupancy is still only in the 15 to 20 percent range,

source https://therealdeal.com/2020/10/22/sl-greens-lament-office-comeback-always-right-around-the-corner/