New York City landlord to sell office building at roughly 67% discount - Printable Version
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New York City landlord to sell office building at roughly 67% discount - Levin - 13-06-2024
https://www.straitstimes.com/business/new-york-city-landlord-to-sell-office-building-at-roughly-67-discount#:~:text=NEW%20YORK%20%E2%80%93%20A%20New%20York,sources%20familiar%20with%20the%20matter.
RE: New York City landlord to sell office building at roughly 67% discount - sgbuffett - 13-06-2024
Imagine thus is haopeningbqhen ec9nomy is considered strong and unemployment rate is very low
If recession hits, how low is this going to go?
RE: New York City landlord to sell office building at roughly 67% discount - WhatDoYouThink! - 13-06-2024
Buyers can buy at lower prices, isn't that good?
Like stocks, sometimes you got to cut loss too. And you're lucky to find buyers after cutting loss
RE: New York City landlord to sell office building at roughly 67% discount - Migrant - 13-06-2024
Everything has its ups and downs.
It's descending for US.
Too much engagement in warfare.
Dragon is in the sky.
It's China's time to rise.
Hope EU makes the right decision with their EU car tax.
May boomerang. Germany will be the hardest hit.
RE: New York City landlord to sell office building at roughly 67% discount - Alice Alicia - 13-06-2024
American banks are finished.
https://youtu.be/gGdHM1bSIb0?si=EVMkLJd4hZTSfP78
RE: New York City landlord to sell office building at roughly 67% discount - starbugs - 13-06-2024
If you have a spare $50m to 100m and a mid-term view, buying these offices at distressed prices is not a bad idea.
RE: New York City landlord to sell office building at roughly 67% discount - WhatDoYouThink! - 13-06-2024
When prices go up, some ppl kpkb. When prices go down, the same grp of ppl kpkb.
RE: New York City landlord to sell office building at roughly 67% discount - Levin - 13-06-2024
(13-06-2024, 03:12 PM)starbugs Wrote: If you have a spare $50m to 100m and a mid-term view, buying these offices at distressed prices is not a bad idea.
May not be as I doubt the WFH trend is going to reverse, at least not in the mid-term. And restructuring these buildings into residences is very expensive.