Category Archives: Manhattan

Retail Rents Plunge 20% Across Manhattan

Retail Rents Plunge 20% Across Manhattan | Zero Hedge https://www.zerohedge.com/news/2018-04-26/retail-rents-plunge-20-across-manhattan Re-posted from Zero Hedge. Geoff Geoff Comments: Furthering the demise of the bricks & mortar retailers…

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Google Saves Manhattan Office Market. Chinese Buyers Vanish

Google Saves Manhattan Office Market. Chinese Buyers Vanish | Wolf Street https://wolfstreet.com/2018/04/12/google-bails-out-manhattan-office-market-after-chinese-buyers-vanish/ Re-posted from Wolf Street. Geoff Geoff Comments: Only saved temporarily…

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Retail Real Estate Bubble Turns Manhattan Into A “Shopping Wasteland”

Retail Real Estate Bubble Turns Manhattan Into A “Shopping Wasteland” | Zero Hedge Re-posted from Zero hedge. Geoff Geoff Comments: The high rents, coupled with ubiquitous internet shopping has crushed the bricks & mortar retailers on Manhattan streets…

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“This Is The Breaking Point” – Manhattan Home Sales Plunge Most Since 2009

“This Is The Breaking Point” – Manhattan Home Sales Plunge Most Since 2009 | Zero Hedge https://www.zerohedge.com/news/2018-04-03/breaking-point-manhattan-home-sales-plunge-most-2009 Re-posted from Zero Hedge. Geoff Geoff Comments: While Manhattan real estate craters, San Francisco real estate soars through the stratosphere… What gives???

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This is What Happened to Sales & Prices of Manhattan Office Buildings as Chinese Buyers are Suddenly “Absent”

This is What Happened to Sales & Prices of Manhattan Office Buildings as Chinese Buyers are Suddenly “Absent” | Wolf Street https://wolfstreet.com/2018/01/16/sales-prices-of-manhattan-office-buildings-as-chinese-buyers-absent/ Re-posted from Wolf Street. Geoff Geoff Comments: The stable market concept only works when the “willing  seller” and … Continue reading

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Look Out Manhattan – Chinese Foreign Real-Estate Spending Plunges 82%

Look Out Manhattan – Chinese Foreign Real-Estate Spending Plunges 82% | Zero Hedge http://www.zerohedge.com/news/2017-08-10/look-out-manhattan-chinese-foreign-real-estate-spending-plunges-82 Re-posted from Zero Hedge. Geoff Geoff Comments: The Chinese have with drawn from purchasing trophy real estate in Manhattan, just as the Russians before them and … Continue reading

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China buying in Manhattan commercial real estate could be scuttled

China buying in Manhattan commercial real estate could be scuttled – Business Insider http://www.businessinsider.com/china-manhattan-commercial-real-estate-2017-8?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+view Re-posted from Business Insider. Geoff Geoff Comments: On que, the Chinese are leaving the market they made as prices become unreasonable and the market becomes unsustainable… … Continue reading

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High-End Manhattan Real Estate Gets A Reality Check As 40-50% Of Listings See Price Cuts

High-End Manhattan Real Estate Gets A Reality Check As 40-50% Of Listings See Price Cuts | Zero Hedge http://www.zerohedge.com/news/2017-08-08/high-end-manhattan-real-estate-gets-reality-check-40-50-listings-see-price-cuts Re-posted from Zero Hedge. Geoff Geoff Comments: The Manhattan Real Estate Bubble has really collapsed, there will be no significant recovery … Continue reading

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