Two Towers Add to New York Office Worries: Two New York office buildings — 300 and 375 Park Avenue — are among the latest significant properties to have commercial mortage-backed securities loans face downgrades or negative outlooks as the sector struggles with weak demand and shrinking space requirements.
Two Towers Add to New York Office Worries, Big Office Portfolio Loan Seeks Help, Bank of America Lowers Forecast Again
A Weekly Look at the Commercial Mortgage-Backed Securities Business
CoStar News
May 11, 2023 | 12:47 P.M.
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IN THIS ARTICLE
- Properties
- Colgate-Palmolive Bldg
300 Park Ave, New York, NY
- Seagram Building
375 Park Ave, New York, NY
- Companies
- RFR Realty LLC
Real Estate
- Tishman Speyer
Real Estate
- Workspace Property Trust
Real Estate