There are a few reassuring market omens despite today’s record Manhattan 21% office availability.
Tishman Speyer and Larry Silverstein pulled off a $330 million loan refinancing for their office tower at 11 W. 42nd Street. High interest rates, remote work, antiquated office stock and upside-down financing contribute to the suffering market.Downtown Manhattan is suffering from near-30% office availability and no relief in sight.to what’s going on in midtown, only at a much smaller scale.”
“Downtown’s historical lower pricing has always been a relief valve for midtown and midtown south,” our insider said.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше: