Cash Flow And Interest Cost PressureCash flow faces pressure from elevated capital expenditures, free rent periods, and rising capitalized interest tied to major projects such as 623 Fifth Ave, which can restrain FFO expansion.
Core FFO Growth RiskManagement's indication that core FFO is likely to be flat constrains earnings upside and limits investor confidence in near-term growth prospects.
Valuation And Analyst SentimentAnalyst lowered the price target to $36 from $40, indicating reduced valuation expectations and softer market sentiment toward the stock.