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That's the trend in commercial real estate - prestigious, luxurious, eye-wateringly expensive class A space is doing well, but the bottom has fallen out of the
by twic 3y ago
That's the trend in commercial real estate - prestigious, luxurious, eye-wateringly expensive class A space is doing well, but the bottom has fallen out of the market for practical, cost-effective class B space:
https://therealdeal.com/new-york/2023/06/05/jeff-blau-to-class-b-office-owners-take-what-you-can-and-run/ https://therealdeal.com/new-york/2023/06/05/jeff-blau-to-cla...