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1. Embed this notice
   feld (feld@bikeshed.party)'s status on Tuesday, 11-Jun-2024 22:56:43 JST feld
   "Those giant buildings sold way under value are in markets with jacked economies so it doesn't really mean anything" (Dallas, SF, St Louis...)
   
   well hello there friends, here's a new player entering the game from NYC
   
   https://fortune.com/2024/06/10/commercial-real-estate-crash-new-york-city-office-building-discount-short-sale/
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Tuesday, 11-Jun-2024 22:56:41 JST feld

     in reply to

     • Jim
     @sullybiker
     
     https://archive.is/8SyvB
     
     https://archive.is/2024.05.04-093548/https://www.sfchronicle.com/sf/article/s-f-office-building-value-19438429.php
     
     https://www.marketwatch.com/story/former-wework-office-building-in-san-francisco-sees-value-slashed-by-about-66-d933801c
     
     https://www.foxbusiness.com/real-estate/fort-worths-tallest-building-sells-just-12-3m-auction-stunning-price-drop
   • Embed this notice
     Jim (sullybiker@sully.site)'s status on Tuesday, 11-Jun-2024 22:56:42 JST Jim

     in reply to

     @feld Are they getting shorted? They probably are *now* lol

   • Embed this notice
     feld (feld@bikeshed.party)'s status on Tuesday, 11-Jun-2024 22:57:20 JST feld

     in reply to

     • Jim
     @sullybiker if the banks are allowing this to happen they're preparing for a massive reset in the economy, not just real estate.
     Sick Sun likes this.