Below-the-Surface Struggles in Manhattan Housing Bust Seep to the Surface by Wolf Richter • Dec 20, 2019 • 138 Comments “The market doesn’t care what you think.”
Brick & Mortar Meltdown Manhattan Style: Lenders Foreclose on Times Square Tower whose Six Retail Floors are 90% Vacant by Wolf Richter • Dec 11, 2019 • 112 Comments Wow, that was fast: In default is a $650 million portion of a $2 billion loan package, signed in 2018.
Brick & Mortar Rent Meltdown, Manhattan Style by Wolf Richter • Nov 27, 2019 • 120 Comments Asking rents for ground-floor retail space have plunged as landlords struggle with vacancies.
Rents Fall Southern California, Seattle, Miami, San Francisco, San Jose, Chicago, Honolulu & Others by Wolf Richter • Oct 31, 2019 • 64 Comments But rents surge in 22 other markets by the double-digits.
Rents in the USA: from the Priciest ZIP Codes to the Cheapest by Wolf Richter • Sep 27, 2019 • 72 Comments The entire spectrum, From Battery Park City in Manhattan to Wichita.
Brick & Mortar Meltdown’s Ugly Week in Record-Ugly Year by Wolf Richter • Aug 9, 2019 • 113 Comments Store liquidations in 2019 have blown past the full-year total of 2018. The phenomenon is proceeding with relentless momentum.
Brick & Mortar Meltdown, Manhattan Style by Wolf Richter • May 16, 2019 • 116 Comments Retail space asking rents plunge as landlords try to fill scores of vacant shops. Charts by shopping corridor.
Liquidity in New York City’s Housing Market Dries Up by Wolf Richter • Feb 11, 2019 • 84 Comments 52% of the homes listed for sale last spring still have not sold. For sellers, “the situation calls for a clear strategy: cut prices.”
What the Sadly Deflating Bubble of Manhattan Office Buildings Looks Like by Wolf Richter • Jul 10, 2018 • 15 Comments This is what happens when Chinese conglomerates get sidelined by unfortunate events.
Google Saves Manhattan Office Market. Chinese Buyers Vanish by Wolf Richter • Apr 12, 2018 • 34 Comments One mega-deal at a mega price. The rest was dreary.
