Have Tall Buildings Become a Liability in the New Normal?
Anne Joyner Sheehan, CRE, MAI
![Anne Joyner Sheehan, CRE, MAI]()
Anne Joyner Sheehan, CRE, MAI
Property Tax Expert: Reducing the Risk of Real Property Taxes, Machinery & Equipment for US Companies
As we approach the end of Q3, the COVID-19 pandemic continues to impact every one of us. Tenants are having a hard time, landlords are suffering, evictions are illegal, and all forbearance proceedings have been paused. So, what are landlords supposed to do about the tall buildings sitting primarily vacant – whether commercial, residential, or hotels?
Watch this episode of Property Tax 2021 with Anne Sheehan as she shares her thoughts about tall buildings diminishing as an asset and becoming a liability for many businesses this year.
Partner at B2BCFO
4 年I'm confused as to how landlords became the lender of last resort to tenants.
President and CEO at Georgia Hispanic Chamber of Commerce | Driven to Champion Resilient Communities to Thrive through the lens of Economic Development- Advocacy, Entrepreneurship, Talent and Diversity & Inclusion
4 年Anne, thanks for sharing your thought-leadership on this subject which is your EXPERTISE. I look forward to seeing more of your VLOGS.
Property Tax Expert: Reducing the Risk of Real Property Taxes, Machinery & Equipment for US Companies
4 年Thank you Anthony DellaPelle, Esq., CRE for providing this link for us. The ripple effect is what worries me the most for all asset classes. No straight lines here!
Results-Oriented Property Rights Counsel; Immediate Past Global Chair, The Counselors of Real Estate?
4 年Agreed, Anne. Check this out - first known challenge to the CDC eviction moratorium, in your home state. While that moratorium concerns residential tenancies, many of the same principles apply to commercial properties: https://www.inversecondemnation.com/inversecondemnation/2020/09/complaint-nd-ga-cdc-eviction-moratorium-is-unconstitutional-no-takings-claim-however.html