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![kshaughnessy2 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::22259843.png) kristen shaughnessy [@kshaughnessy2](/creator/twitter/kshaughnessy2) on x 24.3K followers
Created: 2025-07-15 02:11:33 UTC

NYC's Commercial Real Estate Crisis 

$XXX Million Loan Default in Manhattan 
    Reported by @Bisnow 

"After executing five one-year extensions, Park Avenue-based real estate investment firm Savanna has run out of time to pay off a nearly half-billion-dollar loan tied to a Midtown Manhattan office tower..."

![](https://pbs.twimg.com/media/Gv3TPpzXQAAFv6j.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944942884236804382/c:line.svg)

**Related Topics**
[$242m](/topic/$242m)
[investment](/topic/investment)
[housing market](/topic/housing-market)
[coins real estate](/topic/coins-real-estate)
[commercial real estate](/topic/commercial-real-estate)

[Post Link](https://x.com/kshaughnessy2/status/1944942884236804382)