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    feld (feld@bikeshed.party)'s status on Tuesday, 11-Jun-2024 22:56:43 JSTfeldfeld
    "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/
    In conversationabout 6 months ago from bikeshed.partypermalink

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    1. Domain not in remote thumbnail source whitelist: fortune.com
      A NYC office building will sell at such a discount that it's 67% less than the purchase price and below what's still owed on the mortgage
      Empire Capital Holdings and Namdar Realty Group agreed to purchase the property at 321 W. 44th St. for less than $50 million.
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