This REIT Is Set To Soar As Workers Return To The Office
1. SLG has 53 NYC buildings but faces occupancy challenges at 91%. 2. Company is reducing long-term debt from $5.5B to $3.7B. 3. The NYC office occupancy is down only 5.3% since 2019. 4. SLG's dividend yield is 5.1%, well-covered by FFO projections. 5. Overall office visits are recovering, suggesting potential future demand.