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Economic Turbulence and Real Estate Dynamics
This chapter explores the economic ramifications of potential Trump-era tariffs on businesses like Walmart and Lowe's, alongside geopolitical tensions affecting the U.S. economy and commercial real estate. It also addresses Spirit Airlines' bankruptcy, Mayweather's significant investment in the distressed office market, and the implications of new New York City legislation on rental costs. Highlighting various challenges within the commercial real estate sector, the discussion includes notable property valuation drops and the associated risks tied to tenant leases and loan defaults.