Many experts are predicting the death of office real estate. While it's true that the remote work trend and rising rate economy are creating a difficult environment, Empire State Realty Trust(NYSE: ESRT) is starting to look very interesting -- especially after reporting strong quarterly results. In this video, Fool.com contributors Matt Frankel and Tyler Crowe take a closer look.
*Stock prices used were the afternoon prices of April 27, 2023. The video was published on May 1, 2023.
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Matthew Frankel, CFP® has positions in Empire State Realty Trust. The Motley Fool recommends Empire State Realty Trust. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
