New York’s Empty Office Buildings Lure Rich Families Hunting Bargains

Bloomberg May 9, 2023–Natalie Wong, Amanda Albright
Manhattan’s commercial real estate market is reeling, offices are sitting partially empty and rising interest rates threaten to bring widespread defaults. But for a subset of wealthy investors, the allure of owning New York City property is particularly strong.
https://www.bloomberg.com/news/articles/2023-05-09/new-york-s-empty-office-buildings-lure-rich-families-hunting-bargains?srnd=premium&leadSource=uverify%20wall