Yea but this not a permanent shock, it's a temporary disruption. As soon as this passes over, rents will likely revert back to where they were before.
In NYC there are many vacant commercial spaces because landlords hold out for the highest paying tenants. You're overestimating the desperation of landlords.
In NYC there are many vacant commercial spaces because landlords hold out for the highest paying tenants. You're overestimating the desperation of landlords.