Vornado Realty Trust: Manhattan Is The Best Office Real Estate Market In America, Preferreds Should Rally
VNOVornado(VNO) Seeking Alpha·2024-11-13 22:37

Manhattan saw its October 2024 office vacancy rate dip by 90 basis year-over-year to 16.8%. This came with the highest asking rents in the US at $67.93 per square foot. The borough has also seen new office construction slow withThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend ticker ...