The Bronx may be the cheapest residential market in New York, but on the investment front, it’s still got runway. And, the latest market report for the borough reinforces why real estate players have had a strong appetite for investment and development there for the past several years. In 2017’s fourth quarter, average residential prices in the Bronx breached their pre-recession peak for the first time, hitting a record of $515,000, according to a report […]
source https://therealdeal.com/2018/03/21/how-long-is-the-bronx-investment-runway/
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