Lower Manhattan Building Valued at $25 Million Less Than Its Appraisal Signals Market Challenges

By bhhsbowen December 1, 2022 CoStar News 0 comments

Pacific Oak Strategic Opportunity REIT, which has a 60% stake in 110 William St. in lower Manhattan, said the building is worth $25 million less than its appraised value. (CoStar)
110 William St. Has Above-Average Vacancy Rate of 36%, According to CoStar Data