Even Wealthy Landlords Are Skipping Payments on Office Buildings
Bloomberg, Mar. 9, 2023–Natalie Wong, John Gittelsohn
Wall Street titans pride themselves on knowing when to take risks, especially in moments of uncertainty. But as borrowing costs soar and the work-from-home trend leaves downtown offices half empty, even the biggest players are quickly realizing they miscalculated.
https://www.bloomberg.com/news/articles/2023-03-09/work-from-home-shift-spurs-office-building-defaults?
