The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1

• Canada's largest pension fund sold a stake in a New York building for $1.
• Crashing office values have led investors to turn cautious on the sector.  
• Office buildings have suffered from the pandemic's work-from-home boom. 

The Canada Pension Plan Investment Board, the biggest pension in Canada, has completed a string of recent deals at discounted prices, including a sale of its stake in a New York building for $1, Bloomberg reported  Tuesday.