Yellen's Backstop Message, First Republic Shares Jump, Nvidia and the AI Arms Race 03/21/23
Squawk on the Street
00:00
SL Green - A Double Downgrade at Goldman Sachs
Just 13% of SLG's portfolio was composed of newer redeveloped assets. Goldman Sachs found that 70% in their opinion was vulnerable to obsolescence risk over time. As a result of this analysis, as well as weakening East Coast employment and leasing data, they think that there is a relatively challenged occupancy growth picture for the company.
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