Better Buy: Brookfield Property Partners vs. Empire State Realty Trust
The COVID-19 outbreak has had an outsized impact on major gateway cities, like New York City. Both of those issues are having a major impact on leading New York City landlords Brookfield Property (NASDAQ: BPY)(NASDAQ: BPYU) and Empire State Realty Trust (NYSE: ESRT). Brookfield Property is one of the largest commercial property owners in New York City.