Sign in

    Manas Abic

    Senior Equity Analyst at Evercore ISI

    Manas Abic is a Senior Equity Analyst at Evercore ISI, specializing in in-depth research and coverage of companies within the software, hardware, semiconductors, networking equipment, and telecom sectors. Renowned for providing sharp, actionable insights, Abic consistently delivers company-specific investment recommendations that contribute to Evercore ISI's top rankings in major industry surveys such as Institutional Investor and Extel. With a career rooted in advanced equity analysis and a history of successful calls across leading technology firms, Abic's research is valued by institutional clients seeking macro and fundamental perspectives. He maintains industry-recognized professional credentials in securities analysis, consistently contributing to the firm's high performance metrics.

    Manas Abic's questions to Paramount Group (PGRE) leadership

    Manas Abic's questions to Paramount Group (PGRE) leadership • Q2 2025

    Question

    Manas Abic of Evercore ISI inquired about tenant demand and asking rents for 1633 Broadway, particularly concerning the upcoming Showtime Networks move-out. He also asked about the trajectory of tenant improvement costs, questioning if the high level seen in the quarter represents a new baseline.

    Answer

    Chairman, CEO & President Albert Behler noted strong performance at 1633 Broadway, highlighting its retail success. Peter Brindley, Executive VP & Head of Real Estate, added that they are actively negotiating on the Showtime space with asking rents between $70-$90 psf. Regarding costs, Brindley explained that New York concessions have stabilized, while elevated TIs in San Francisco were a strategic choice to secure long-term leases and build momentum, noting the success of this strategy in their growing pipeline.

    Ask Fintool Equity Research AI