Retail loan defaults are expected to keep climbing "substantially" as brick-and-mortar stores "have been dealt a brutal blow by the pandemic," a May 13 report said.

B6 says that the property is enrolled in the 421-A tax abatement program

Only 8% of respondents from the commercial real estate industry reported being minimally affected or not at all affected by COVID-19.

Institutions and 5031's have an appetite for acquisitions, according to one observer. The problem is debt.