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marketrent OP t1_j97w1pe wrote
some lenders are balking at extensions*, Jack Rogers for EagleTree Capital’s GlobeSt., 26 Jan. 2023, https://www.globest.com/2023/01/26/nyc-building-owners-face-16b-in-cmbs-loans-due-in-2023/
mrpotatoe3044 t1_izbrw6z wrote
Reply to comment by HEIMDVLLR in Influential NYC comedy club Caroline's closing after 40 years by broadcastterp
through why you're so incredibly wrong. NYC vacancies are at *all time* ***low*** [https://www.globest.com/2022/09/12/nyc-multifamily-vacancy-rate-hovers-at-two-decade-low/?slreturn=20221107175941](https://www.globest.com/2022/09/12/nyc-multifamily-vacancy-rate-hovers-at-two-decade-low/?slreturn=20221107175941). This is a neglible amount of vacancies. 97% of NYC office buildings aren't viable for conversion