Commercial Real Estate Distress in New York
OffMarketX is tracking 60 commercial real estate distress situations in New York, spanning 5 asset classes that clear the small-cell floor.
Office leads with 18 tracked situations, concentrated in maturity default.
New York: tracked distress by asset class and type
| Asset class | Maturity default | Legal distress | Financial distress | Strategic | Total |
|---|---|---|---|---|---|
| Office | 9 | <5 | <5 | <5 | 18 |
| Multifamily | <5 | <5 | 5 | <5 | 11 |
| Mixed-Use | <5 | 5 | <5 | <5 | 9 |
| Hospitality | <5 | <5 | <5 | <5 | 9 |
| Retail | <5 | <5 | <5 | <5 | 6 |
| All tracked | 60 |
Every figure is an aggregate count of point-in-time, public-record-derived distress catalyst signals, published only where at least 5 distinct assets clear the small-cell floor.