Have you heard about the two next-door neighbors who don’t speak?
16 West 39th: 55,100 SF office building looking for a buyer at $590 PSF
32 West 39th: 74,000 SF office building looking for a buyer at $850 PSF
Finally, what are the big boys are saying?
RXR: Dear Lenders: Here are the keys - take them or work with me
ESRT: We're an office-only Landlord no longer
Vornado: Yeaaa, soooo ummm, we’re down about $600m
Boston Properties: We're in a recession, no diggity
SL Green: Hybrid work may actually be a 'thing'
Until next month,
Principal Broker | Noah & Co.
For the rest of our February 2023 Newsletter, click here.