12.19.2019

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General News

Gary Eisenberg was quoted in The Real Deal article, "Thor Faces Foreclosure on Site Where Lender Says It’s Seeking 'Unrealistic Rents,'" regarding Thor’s asking rents, which are well above the going rate.

“Currently, the Borrower is listing space for lease at $675 per square foot when the rents in the market are below that level (a fact of which Borrower is aware),” Gary Eisenberg said in a letter to the Supreme Court of New York.