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60 minutes. Commercial real estate / produced by Nathalie Sommer.
- Format:
- Video
- Series:
- Academic Video Online
- Language:
- English
- Subjects (All):
- Commercial real estate--New York (State)--New York.
- Commercial real estate.
- Industrial real estate--New York (State)--New York.
- Industrial real estate.
- Office buildings--Economic aspects--New York (State)--New York.
- Office buildings.
- Commercial loans--New York (State)--New York.
- Commercial loans.
- Interest rates--New York (State)--New York.
- Interest rates.
- Telecommuting--Economic aspects--New York (State)--New York.
- Telecommuting.
- COVID-19 Pandemic, 2020-2023--Economic aspects--New York (State)--New York.
- COVID-19 Pandemic, 2020-2023.
- Genre:
- Television news programs.
- Physical Description:
- 1 online resource (14 minutes)
- Other Title:
- Sixty minutes
- Commercial real estate
- Place of Publication:
- New York, NY : Columbia Broadcasting System (CBS), 2024.
- Language Note:
- In English.
- System Details:
- video file
- Summary:
- A report on the state of commercial real estate. As workers have become accustomed to hybrid schedules, many New York City office buildings are unoccupied while interest rates have increased. A vast decline in real estate value coupled with the pending expiry of many commercial loans has made it difficult for those in the industry attempting to maintain business. Includes interviews with Scott Rechler, CEO of New York real estate company RXR; Stijn Van Nieuwerburgh, a professor of real estate at Columbia Business School; Tony Park and Elad Dror, real estate partners at PD Properties; Marc Holliday, CEO of SL Green; David Aviram, co-founder of Maverick Real Estate; and Joey Chilelli, Managing Director of Vanbarton Group.
- Participant:
- Correspondent: Jon Wertheim ; interviewees: Scott Rechler, Stijn Van Nieuwerburgh, Tony Park, Elad Dror, Marc Holliday, David Aviram, and Joey Chilelli.
- Notes:
- Originally broadcast on January 14th, 2024.
- Title from title screen (viewed February 28, 2025).
- OCLC:
- 1507376998
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