Let's keep in mind there are entire store fronts and even entire buildings vacant for +10 years (!!) in NYC where the rent or asking price not only didn't went

Let's keep in mind there are entire store fronts and even entire buildings vacant for +10 years (!!) in NYC where the rent or asking price not only didn't went down but up. (!!!) AFAIK the bet was to buy these assets almost totally leveraged and then wait for the ocasional fool or rich sheik or hot hip company to buy/rent them. If nobody buys them in years that's not the end of the World because the bank/investment fund is the one on the hook ( at least most of it ) and the city obviously doesn't want the prices to go down because that 100 Billion dollar budget needs these taxes. Everybody knows it will blow some day, in the mean time everybody fights to keep alive until the hopeful payday comes... and the prices keep ridiculously high and "half" of comercial real estate is vacant. Is this post-modern "capitalism"?