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Today's Best & Final highlights a turbulent New York real estate market with significant financial strain and surprising activity. Metro Loft faces pre-foreclosure and debt challenges, while Goodwin Procter signs a major lease in Midtown South. The podcast also covers a hotel foreclosure, a recapitalization of a medical building, ongoing union negotiations, and the unexpected news of Mayor Adams running as an independent. Despite market tensions and rising defaults, there's also evidence of capital flowing into quality assets, painting a complex picture of the city's real estate landscape. For more insights, visit JordanShea.com.
By Jordan SheaToday's Best & Final highlights a turbulent New York real estate market with significant financial strain and surprising activity. Metro Loft faces pre-foreclosure and debt challenges, while Goodwin Procter signs a major lease in Midtown South. The podcast also covers a hotel foreclosure, a recapitalization of a medical building, ongoing union negotiations, and the unexpected news of Mayor Adams running as an independent. Despite market tensions and rising defaults, there's also evidence of capital flowing into quality assets, painting a complex picture of the city's real estate landscape. For more insights, visit JordanShea.com.