It's GSO-owned real estate. Most cities have seen a precipitous drop in office utilization post-COVID, and it's a weak market for selling commercial office space.
It's likely tax-exempt from property taxes, upkeep is likely minimal, and even empty office space is an appreciating asset. I'd be more surprised if it didn't exist.
It's likely tax-exempt from property taxes, upkeep is likely minimal, and even empty office space is an appreciating asset. I'd be more surprised if it didn't exist.