A photo of the New York City Skyline.
A view of the Manhattan Skyline with the Empire State Building in the center.
  • Many troubled office loans have been extended or modified as owners face difficulties. 
  • The trend can't continue though, and debt maturities are looming, Goldman Sachs says. 
  • Analysts at the bank said many office mortgages are "living on borrowed time."

The pandemic ushered in a work-from-home boom that doesn't look like it's going away, and that's put huge stress on the office segment of the US commercial property market.