The Window for Seizing on New York’s Class B and C Office Rebound Is Closing

For years, the narrative surrounding New York City’s Class B and C office market was overwhelmingly negative. Vacancy was rising. Leasing activity was sluggish. Remote work was ascendant. Institutional lenders were retreating. Distressing headlines dominated the conversation. And, perhaps most importantly, pricing collapsed. Buildings in Manhattan that traded 10 years ago for $800 or $900 […]