Office, apartment REITs get shot in the arm from vaccine news

New York office and apartment landlords received a rare shot of good news Monday with Pfizer’s announcement that it’s getting closer to developing an effective Covid-19 vaccine.

An early analysis found that Pfizer’s vaccine was more than 90 percent effective in treating Covid-19 on clinical volunteers. The company said it could potentially manufacture enough vaccines for as many as 20 million people by the end of 2020.

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