Real Estate

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

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Algenon presents an update on the real estate and capital markets to a group of property owners in Greensboro, NC. Algenon provides some background on the events that led to the current downturn in our market, an overview of the current realities, and concludes with an outlook for the remainder of the year.

Duration : 0:9:56

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Duration : 0:2:15

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