| re: I don’t know about nyc. |
| Posted by: ryhog 03:30 pm EDT 06/18/20 |
| In reply to: re: I don’t know about nyc. - fosse76 03:04 pm EDT 06/18/20 |
|
| This is an urban myth. The main reason space is not rented is because a landlord makes a calculated bet to wait for the market. Just like Home Depot puts air conditioners in storage in the fall rather than selling them at a steep discount. That said, presently, landlords are scared shitless and the nature of markets post-covid are very likely to be a very new playing field for a variety of reasons. And yes that will entail a lot of applications for property tax reductions, which will be yet another symptom. |
|
reply
|
|
| Previous: |
re: I don’t know about nyc. - fosse76 03:04 pm EDT 06/18/20 |
| Next: |
UK theatre faces ruin amid coronavirus crisis, say top cultural figures - MockingbirdGirl 11:22 am EDT 06/17/20 |
| Thread: |
|
