At the end of the first quarter of 2023, a record 963 million square feet of office space was unoccupied in America. An estimated five to 10 office towers are at risk of defaulting each month...
America's 1 Billion Square Feet Of Empty Office Space
| Source: | https://www.zerohedge.com/markets/visualizing-americas-1-billion-square-feet-empty-office-space |
| Published: | Jul 9, 2023 |
| Author: | Tyler Durden |
| Post Date: | 2023-07-09 01:00:51 by Horse |
| Views: | 259 |
#1: Dakmar To: Horse (#0)
Dakmar posted on 2023-07-09 01:12:08 Reply Private Reply
#2: BTP Holdings To: Dakmar (#1)
The Chinese have bought the old Waldorf-Astoria Hotel in NYC and plan to turn the top 10 floors into condos.
How do you think that will work out with all the high dollar earners fleeing NYC high tax rates for more tax friendly locations such as Florida and Texas? ;)
BTP Holdings posted on 2023-07-09 09:25:07 Reply Private Reply
#3: TommyTheMadArtist To: Horse (#0)
TommyTheMadArtist posted on 2023-07-09 09:56:09 Reply Private Reply