From the street, 61 Broadway appears to be in good condition on a Tuesday morning. Steel, glass, and the steady low hum of lower Manhattan’s daily activities. However, half of it is vacant. That is not a metaphor or a rounding error; rather, it is the actual situation that caused RXR Realty, one of the [...] The post Is Commercial Real Estate the Next Subprime Crisis? Inside the Empty Towers of Ma
Is Commercial Real Estate the Next Subprime Crisis? Inside the Empty Towers of Manhattan.
News Team·Financial News UK··1 min read
F
Continue reading on Financial News UK
This article was sourced from Financial News UK's RSS feed. Visit the original for the complete story.