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Two more buildings list for half of what they previously fetched.
The higher rates "could send the market into a deep freeze."
There were zero leases signed in four major tech hubs.
Whether a Brookfield or small operator, market forces are having their way on portfolios.
Will the fire-sale price become a new benchmark for the beleaguered city?
Volumes sink across all asset classes as uncertainty rules.
The risks probably aren't systemic but will be prolonged.
The $161 million loan backed by more than a dozen buildings goes to special servicing.
Malaise of distressed NYC office assets hits tower on Billionaire's Row.
Lenders Citi, Morgan Stanley get court order clearing way for sale.