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Leases could be renegotiated, properties repurposed, or even a company breakup.
The performance was also strong in Northwest Queens.
Still, Vacancies dropped by six basis points in the fourth quarter.
It was a mixed bag for the state's capital.
Last November it acquired a manufactured housing portfolio for $330 million.
The developer enters the market with a 435K square foot project near the Port of Oakland.
Investors are reassessing their portfolios in response to changing conditions.
Some agencies are appealing to DOGE to exempt specific buildings.
Early indications are that demand is weakening as absorption drivers are slowing.
Multifamily operators may find some tenants harder-pressed to pay rent.