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COMMERCIAL REAL ESTATE COLLAPSE – MIDTOWN MANHATTAN


From the Oct 6, 2009 PBS “News Hour.” One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years past are blank with “For Rent” signs, something digit never saw in such neighborhoods. Traditionally in NYC, concept changes safekeeping in clannish deals, never through the bill of rent signs. With 1% downbound payments, advertizement real realty makes the subprime overheating countenance unqualified responsible.

This entry was posted on Monday, March 8th, 2010 at 11:01 pm and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

18 Responses to “COMMERCIAL REAL ESTATE COLLAPSE – MIDTOWN MANHATTAN”

  1. @hurchel

    But ron paul needs to announce to save the united states of america.

  2. I would have last time if he hadn’t quit..

  3. @hurchel

    and nobama is just as bad too, the two party system are two wings of the same bird

    Vote Ron Paul in 2012.

  4. WAKE UP

    Saddam Hussein
    Barack Hussein Obama
    Osama Bin Laden
    Joe Biden

    Its a Game. A Spiritual Game…

    Either win and go to the 4th dimension where it is Service to Others (STO) or…

    Lose and stay in the 3rd Dimension of Service to Self (STS)…

    You need to Cross The River….

  5. LordoftheKaty on March 9th, 2010 at 1:28 am

    So what would you say is next in line for us?

  6. singledad1234 on March 9th, 2010 at 1:42 am

    @LordoftheKaty

    I said this was going to happen
    IN 2007
    and Gerald is a friend of mine

  7. singledad1234 on March 9th, 2010 at 2:29 am

    I KNEW THIS WOULD HAPPEN
    and I said it would happen
    and its GOING TO GET ALOT WORSE
    and I am happy about it
    YOU RICH PRICKS that never cared about anyone BUT YOURSELVES
    and now YOUR BABLYON IS FALLING
    ITS GREAT JESUS IS THE LORD

  8. jenniferashley99 on March 9th, 2010 at 3:27 am

    I thought this last year when thousands of us got laid-off from my company. No jobs equals no revenue.

  9. Limeisback2012 on March 9th, 2010 at 3:40 am

    Either wall street dosent understand that without jobs people can’t buy things and is purly focused on the short term benefits of laying people off. Or they know that there crashing the system and they have some grand plan of mass economic destuction we are just not privy to. Come on people, you can’t keeping buying that the people who own and run america are idiots that don’t know what there doing. There causing unimployment and system crash on purpose. There evil and it’s obvious.

  10. Bush defrauded america, and until he is prosecuted his whole group, the US is suiciding itself. we can’t stand what our government is doing

  11. Tough? lol

    WE can buy cheap for once

  12. LordoftheKaty on March 9th, 2010 at 4:34 am

    So Gerald Celente was right! There was a commercial realestate collapse in 2009!

  13. Greed from top to bottom.

  14. Terrorists,bush.chinese with 2.3 trillion dollars in Treasury securities

  15. The shareholders of the federal reserve and the ECB

  16. Who brought America down to its knees? Iraq and Afghanistan? Terrorists? Bush? Who is the main culprit?

  17. MarcusCMarcellus on March 9th, 2010 at 7:56 am

    For some mysterious reason, the PBS News Hour (McNeil-Lehrer News Hour when I was growing up) has a very good economics reporter , one of the better ones on TV. Go figure.

  18. LisaJ4Liberty on March 9th, 2010 at 8:54 am

    Excellent piece by the News Hour. Thanks for posting this Marcus.