Empire State Building office occupancy rate tops 90% to buck NYC’s woes

5-11-2023 Business NY Post - Business 25

When you’re a huge, publicly-traded company with more than eight million square feet of offices in a struggling market, it helps to have a world-famous Observatory on top of your most famous building. Empire State Realty Trust’s third-quarter results revealed a solid overall leasing performance including 90.5% occupancy in Manhattan and comfortable liquidity. But its...

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