Where To Stream 60 Minutes Season 56 Episode 16
Commercial Real Estate | Master of the Mind
- Aired January 14, 2024
- 60 Min
- Rated 8.0
- Number 279 Of 306 Rated Episodes
Commercial Real Estate –With hybrid work hardening from trend to new normal, correspondent Jon Wertheim looks at the crisis in commercial real estate, specifically in New York City's office sector. As occupancy rates have hit historic lows and interest rates have spiked, the value of office buildings is tanking. It's a growing problem nationwide, with more than a trillion dollars in commercial real estate loans set to expire in the next two years. Wertheim speaks with industry players about how...