000 01424cam a2200277 4500
001 ABS64881
008 020103n2001 000 0 eng u
035 _a(Sirsi) u116121
100 _aGair, C.
245 _aFacing unchartered waters
260 _c2001
490 _aNational Real Estate Investor
_vOctober 2001, 68-76(7)
520 _aReports on the real estate industry in New York following the devastating terrorist attacks on the World Trade Centre. Details the huge amount of physical damage that was caused by the attacks with about 28.7m sq. ft. of office space damaged or destroyed. Also reports on the fact that brokers are working with displaced and shocked tenants many of whom are dealing with the loss of employees. Notes the chronic shortage of offices is leading to brokers leasing substantial quantities of space in a very short space of time. Argues the effect of the attacks on the market in the long term may be less severe than some analysts may expect and recovery will be easier than in the more volatile stock market.
590 _aABS
650 _aREAL ESTATE INDUSTRY
650 _aNEW YORK
650 _aTERRORIST ATTACKS
650 _aOFFICE SPACE
650 _aWORLD TRADE CENTER
650 _aRENTS
650 _aRETAIL SPACE
650 _aECONOMIC OUTLOOK
650 _aSTOCK MARKET
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
942 _n0
999 _c69176
_d69176