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New York, South Florida and Chicago have flourishing luxury retail markets.
Three major commercial real estate players have three different views of the current market.
"I view CRE risks currently as sizable but manageable."
Some markets had near parity between supply and demand in the first quarter.
Using AI, production is less costly and more efficient.
Once the affordability gap averaged between two and $300 a month, and now it's above $1,300.
Company tells bankruptcy court proceeds will pay down $500M debt.
Small markets can sometimes be good, but they require a lot of smart work and luck.
Tech giant won't renew 300K SF lease at One Market, consolidating office footprint.
The median rent in April in Manhattan was $4,250, a 3.7% increase from the previous month.