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From The '90s to Now: Making Sense of CRE's Downturn

Deconstruct

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The Different Environment of the Office Market

Sam Chandon is the founding director of the Chen Institute for Global Real Estate Finance at NYU Stern. He says we've seen distress start to hit the office market, but banks aren't rushing to foreclose on everything. In many circles, folks would describe it as an existential crisis for the office sector, he says.

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