Posts Tagged ‘Collapse’
July 14, 2010 - 10:21 am
Commercial Real Estate Collapse – Midtown Manhattan
July 5, 2010 - 4:40 pm
From the October 6, 2009 PBS “News Hour.”
One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years ago are empty with “For Rent” signs, something one never saw in such neighborhoods. Traditionally in NYC, property changes hands in private deals, never through the posting of rent signs. With 1% down payments, commercial real estate makes the subprime meltdown look outright responsible.
Duration : 0:5:53
Real Estate Price Collapse, Paradise Lost in SW Florida
November 27, 2009 - 10:45 pm
Buy one get one free. What happens when the neighbors see the comps? Jingle Mail to the max. Will the county reassess all the homes in that community 1/2 off, and lower their taxes accordingly? How is that good for the tax base?
Duration : 0:2:34
An outlet mall in Monroe, Michigan mostly empty near interstate I-75.