The TreppWire Podcast: A Commercial Real Estate Show cover image

182. Expiring Leases and Office Maturities, Multifamily Loan Moves, Healthy Travel Earnings

The TreppWire Podcast: A Commercial Real Estate Show

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Office Market Depression - How Long Will It Last?

A New York landlord has defaulted on a $450 million non-recourse loan in Midtown Manhattan. Bentel Green Oak gave up on a Long Island City office development that they had spent a lot of money overhauling. In the vernato area, this is a retail story, but it does touch that landlord.

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