These NYC retail lenders will take a hit if the market continues to slip

TRD looks at some recent high-profile deals and how they’re panning out

Thor Equities is still looking for a tenant for its retail space at 680 Madison Ave.
Thor Equities is still looking for a tenant for its retail space at 680 Madison Ave.

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From the July issueAfter a run-up in pricing that even some of the industry’s most bullish observers find head spinning, Manhattan’s luxury retail market is starting to show cracks, and that could put its most active lenders on the line. [more]