Anonymous ID: c43c76 Sept. 4, 2024, 10:40 a.m. No.21532276   🗄️.is 🔗kun   >>2308 >>2459 >>2577 >>2680

Office troubles likely to get worse, ratings agency warns

 

Office-tower owners are falling behind on mortgage payments at the fastest rate since the dark days of the global financial crisis, Fitch Ratings said in a report Wednesday, and warned more trouble lies ahead for landlords and their lenders.

 

https://www.crainsnewyork.com/real-estate/office-troubles-rise-fastest-rate-financial-crisis-fitch?

 

big crops get bigger, anons

(bonus: there's an awesome 80's documentary about the building of that skyscraper: Worldwide Plaza's construction was documented in a five-episode PBS miniseries.[2][193] https://en.wikipedia.org/wiki/One_Worldwide_Plaza)