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Macro Real Estate Trends With Chris Okada

Lead-Lag Live

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Commercial Real Estate - Is Midtown Manhattan a Good Place to Buy?

The higher interest rate environment for each of the asset classes is there's a very, very different story. For home purchasers, you know, looking for their forever home versus an office investment in a class C, smaller building or class B medium sized building. We purchased a property during this downturn, because we, I believe that New York will return. This is an incredible time. And we're seeing in midtown Manhattan. The discounts are already here. It's not as widespread.

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