WSJ's Take On the Week

What Rockefeller Center’s Bond Deal Means for Commercial Real Estate

Nov 24, 2024
Rebecca Rockey, Deputy Chief Economist at Cushman & Wakefield, dives into the implications of Rockefeller Center's recent $3.5 billion refinancing deal on the commercial real estate market. She discusses the sector's resilience despite pandemic challenges and rising vacancy rates in offices. The conversation highlights how evolving investment patterns are transforming the market, while also reflecting on the future of office attendance and the impact of remote work on commercial spaces.
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