Freedom4um - Article

Source:	https://www.zerohedge.com/economics/nyc-hotel-occupancy-rate-crashes-toward-10-permanent-closures-loom
Published:	Oct 25, 2020
Author:	Tyler Durden
Post Date:	2020-10-25 11:14:02 by Horse
Views:	240

200 of New York's roughly 700 hotels are currently closed. The ones that have re-opened have slashed prices more than 60% in some cases.

Poster Comment:

Then come foreclosures and decreases in property tax revenues.

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#1: sonny To: Horse (#0)

George Soros will be buying all properties pennies on the dollar, spoils as usual for his efforts

sonny posted on 2020-10-25 12:10:05 Reply Private Reply

#2: BTP Holdings To: Horse (#0)

The ones that have re-opened have slashed prices more than 60% in some cases.
Then come foreclosures and decreases in property tax revenues.

I wonder how the Chinese are doing with the old Waldorf Astoria Hotel? ;)

BTP Holdings posted on 2020-10-25 12:27:02 Reply Private Reply