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From the October 6, 2009 PBS “News Hour.” One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years ago are empty …

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21 Responses to “Commercial Real Estate Collapse 2007 – Midtown Manhattan – Now Reflated”

  • 4287shorty:

    Love the NCIS Los Angeles ad in the background at 1:14. love that show!
    dont forget to thumbs up if you agree.

  • cogginsconnieful:

    our country wide relationships along with business lenders allow us to be a
    “first mover” on huge value assets visit our site at offmarketassets+com
    replace + with .

  • Jenna X:

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

  • Afi James:

    @hurchel and nobama is just as bad too, the two party system are two wings
    of the same bird Vote Ron Paul in 2012.

  • LordoftheKaty:

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

  • Lisa Murphy:

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

  • TheLusianPopa:

    they didnt give a fuck because they knew they would be bailed out by
    governments

  • scumpuppet4u:

    great time to swoop up deals Baby!!!!!! Just buy at price were you can def
    pick up tenants

  • Vinil Patel:

    great video, reminds me of southern california, there is a way to make
    money from a declining commercial real estate market… check out DRV it is
    like a mutual fund which is positioned to make money shorting the
    commercial real estate market.

  • Sean Kelly:

    Tough? lol WE can buy cheap for once

  • LordoftheKaty:

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

  • denniskoutou:

    @vpatel12 thanks for a great video

  • mdunn604:

    The shareholders of the federal reserve and the ECB

  • Afi James:

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

  • hurchel:

    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

  • Limeisback2012:

    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.

  • hurchel:

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

  • bruce3635:

    I clean floors for a living and serve french fries in an Indian casino. I’M
    not smart. In 2007 I was aware that the economy was collapsing. and these
    people didn’t know, to the tune of 7 billion? How can this be?

  • Timothy Dundon:

    We haven’t seen anthing yet . . . it get’s far, far worse. So much greed,
    so much excess, so much hubris . . . now it all hits the trashcan. This is
    a DEPRESSION . . . and there is no recovery in realestate.

  • soundzero:

    Greed from top to bottom.

  • PTTurboe:

    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….

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