1560 Broadway: High-Risk, High-Reward Times Square Investment
The dazzling lights of Times Square beckon, promising fortunes for shrewd real estate investors. 1560 Broadway, a prominent property nestled in the heart of this iconic location, presents a compelling case study in high-stakes investment. While the prime location boasts immense potential, a significant $193.1 million non-performing loan casts a long shadow, creating a complex and challenging investment proposition. This article delves into the intricacies of this property, examining its strengths, weaknesses, and potential outcomes for stakeholders....