NYC Property Mogul Charles Cohen Sticks With Buy-and-Hold Plan in Crisis

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  • CMBS debt near $1 billion; half of loans have missed deadlines

  • Pandemic will pass and ‘there’s no place like New York’

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“Because he’s so in the money, he has opportunities to play the game,” said Shlomo Chopp, a commercial real estate restructuring and turnaround adviser.

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