New York’s multifamily market kicked off 2019 slowly, seeing year-over-year declines in dollar volume, transaction volume and building volume. Overall, y, according to a report from Ariel Property Advisors. These were respective declines of 18 percent, 38 percent and 51 percent compared to January of last year. Ariel partially attributed the slowdown to uncertainty over possible rent regulation reforms taking place at the state level. The firm predicted an uptick in the market when more […]
source https://therealdeal.com/2019/03/22/new-yorks-multifamily-market-got-off-to-a-slow-start-this-year/
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