Vornado Realty Trust: Manhattan Is The Best Office Real Estate Market In America, Preferreds Should Rally

Group 1 - Manhattan's office vacancy rate decreased by 90 basis points year-over-year to 16.8% in October 2024 [1] - The asking rents in Manhattan reached the highest in the US at $67.93 per square foot [1] - There has been a slowdown in new office construction in Manhattan [1] Group 2 - Pacifica Yield focuses on long-term wealth creation through investments in undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]