Not sure if this is the right thread for this, but Right To Repair activist Louis Rossmann has an interesting take on the NY property market, which has had a lot of empty retail property since long before covid 19 and insanely high advertised rents. He is suggesting that a lot of behind the scenes negotiations are occurring to slash rents to a fraction, but they are coupled with NDAs with very high penalties for the renters if the disclose the actual rent they are paying. If this is the case, and if it is true in other major cities, it smacks of a real bubble just about to burst. Commercial property values being entirely smoke and mirrors rather than being assessed on actual market values. It wouldn’t surprise me in the slightest!