Risk Factors Update Summary
- Increased competition in attracting tenants in high-quality buildings near transit hubs may negatively impact our financial condition and results.
- Concentration of approximately 88% of net operating income in the New York metropolitan area poses economic downturn risks.
- A cyber attack or systems failure could materially affect our business operations and relationships with tenants, customers, and vendors.
- Material impacts to our business, financial condition, and operating results due to the COVID-19 pandemic may heighten other risks.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=899689&owner=exclude
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