HackerTube / Video
Expert breakdown of NYC's overpriced commercial vacancies.
Louis Rossmann
Louis Rossmann explains why NYC commercial landlords keep storefronts vacant rather than lowering rents. He points to commercial mortgage-backed security loan terms and inflated property valuations.
HN uses it as the go-to explanation of why landlords refuse to renegotiate leases and leave units empty.
6 Hacker News mentions · 2020–2025