SL Green’s One Vanderbilt Is 95.2% Leased, But Quarterly Results Underscore New York Market Challenges

SL Green Realty, Manhattan’s largest office landlord, reported its trophy One Vanderbilt tower is 95.2% leased, even as its overall fourth-quarter occupancy rate declined. It's just the latest sign that coveted top-tier properties are attracting tenants even while New York’s office market is still struggling to recover from the fallout of the pandemic.