AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Insights on Commercial Real Estate Market in NYC
This chapter provides a comprehensive analysis of the commercial real estate market in New York City, particularly focusing on the office sector. Discussions include leasing trends, notable deals, challenges faced by landlords, pandemic impacts, necessary technological modifications, and potential market shifts such as residential conversions. Experts delve into the stability of rents, the importance of reinvesting in portfolios, and the potential for decreased property prices in certain sub-markets due to the pandemic's effects.