27 Another Louis Rossmann video about how NYC is dying due to remote work, has been dying for a very long time before that, and how the Ponzi scheme of Commercial Mortgage-Backed Securities is pricing people out of the city. (youtu.be) posted 2 years ago by redman012 2 years ago by redman012 +27 / -0 9 comments share 9 comments share save hide report block hide replies
They also get to defer payment while the buildings stay empty, so there is no incentive to do anything at all to get a tenant. An empty building is preferable to cutting a single dollar off the rent.