Commercial real estate industry coming up with creative spin for rent deals

Commercial real estate industry coming up with creative spin for rent deals


The commercial real estate industry is adapting to the coronavirus quarantines by renegotiating sales and leases, pausing physical tours and having frank negotiations with lenders — when they can be reached.

Tenants still searching for their next office space — coronavirus be damned — can only do it through flyers and virtual tours, while tenants planning on moving to a new space may be waiting longer now that all interior construction has ceased….NYPost

 

405 Park Ave. Brian Zak/NY Post


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