Cast Your Vote On NYC Real Estate (4 Office REITs To Consider)

Impact · against what's priced in

The article offers no catalyst for the NYC office REITs as its ratings and growth projections align with existing market sentiment. For VNO, the 'HOLD' rating reinforces the market's current refusal to price in a high-growth recovery.

VNO+0.00

Already priced in

The price assumes

slow AFFO recovery and repeated dividend cuts

The analyst's 'HOLD' rating based on slow AFFO recovery and leverage aligns with the current price, which already ignores the bull case for rent spikes and treats the 350 Park Ave development as speculative.