You are about to action:

Object being modified by the action

Do you want to proceed?

Share Video Link

https://www.bitchute.com/video/kcaXiZX1blk0/

Click to copy, then share by pasting into your messages, comments, social media posts and websites.

Embed Video HTML

Click to copy, then add into your webpages so users can view and engage with this video from your site.

Share to Social Media

Share to social media by clicking on the quick share links.

Report Content

Reason

Please select the most appropriate reason from the list provided.

Note: For a more detailed description of each reason, see our Community Guidelines.

Additional Comments

Please add any additonal comments that will help with the assessment of your request.

Note: Copyright claims must contain all the items specified within the Copyright Policy.

Email Submissions

We also accept reports via email. Please see the Guidelines Enforcement Process for instructions on how to make a request via email.

Thank you for submitting your report

We will investigate and take the appropriate action.

Add to Playlist

NEW YORK CITY Is Crashing!: NYC Office Building Sold for $1

Next video playing soon

Click to cancel

Autoplay has been paused

Click to watch next video

First published at 06:32 UTC on March 1st, 2024.

Wade-X

subscribers

BitChute Advertisement

Canadian pension plan dumps stake in NYC Commercial Real Estate Office Building for just $1 { NYC CRASH & BURN! }

How is it possible that an office building in New York City sold for only 1 dollar?

It has been reported that the Canada Pension…

Canadian pension plan dumps stake in NYC Commercial Real Estate Office Building for just $1 { NYC CRASH & BURN! }

How is it possible that an office building in New York City sold for only 1 dollar?

It has been reported that the Canada Pension Plan Investment Board sold for $1 its 29% stake in the office building at 360 Park Ave South in Manhattan to their partner Boston Properties.

The investors, along with Singapore sovereign wealth fund GIC Pte., bought the 20-story building in 2021 with plans to redevelop it into a modern workspace.

The Canada Pension Plan Investment Board already put in $71 million to renovate the building and was on the hook to add another $46 million.

They decided to take their loss before they had to invest more money.

What does this say about commercial real estate in general and older buildings like this one in NYC?

SOURCE VIDEO: https://www.youtube.com/watch?v=tROGUXdh-SA

LESS