Financial PositionThe sale of a portion of the U.S. flagship store at 666 Fifth Avenue resulted in net proceeds of $342mn, enhancing the company's financial position.
Leasing PerformanceThe company leased 709k SF of NY office space, showing a strong leasing performance compared to the previous quarter.
Rental Income PotentialCash leasing spreads in NY Office/Retail increased significantly, indicating improved rental income potential.