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Majority Owner of Office Building in New York’s Financial District Gets Default Notice

Pacific Oak and Its Partner Bought 110 William St. for $261 Million in 2014
Pacific Oak Capital Advisors said it has received a default notice on 110 William St. in lower Manhattan. (CoStar)
Pacific Oak Capital Advisors said it has received a default notice on 110 William St. in lower Manhattan. (CoStar)
CoStar News
August 22, 2022 | 11:50 P.M.

A majority owner of a 32-story office tower has been served a default notice from its lender as Manhattan’s Financial District has become one of the hardest-hit office markets in New York.

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