Welcome to Hell

The sublease offers are flooding into my inbox. 12,000 square feet on Lex in the 50’s. Tenant probably just handed the landlord the keys. No thanks. I’m already lighting thirty grand a month on fire for my own midtown lease. Every day more cold emails from brokers repping buildings. Hi Josh, You’ve heard it here and everywhere else – the NYC commercial real estate market is down. One silver lining ...

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source https://thereformedbroker.com/2020/10/28/welcome-to-hell/

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