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Leasing has been going swimmingly at The Whale Building in Sunset Park, Brooklyn, since Capstone Equities acquired the property in May 2023.
The owners of the Regions Tower building, a fixture in the Indianapolis skyline, are facing foreclosure amid turmoil in commercial real estate industry.
Some see a natural progression in their increasing popularity, while others see a dead-end complement to single-story expanses.
A $65.5 million loan backing the Kingswood Center property in Midwood, Brooklyn is up for grabs as part of a distressed loan sale.
It's a crisis-filled time for companies and high-profile people, with online misinformation, labor unrest, and cultural sensitivities at a peak.