New York’s slow multifamily market has continued to plague the real estate industry through the first half of the year, with the number of deals hitting their lowest point since 2011, according to a new report from Ariel Property Advisors. Overall, the city saw about $3.4 billion worth of sales across 169 deals and 238 buildings from January through June, respective declines of 47, 24 and 50 percent compared to the second half of 2018. […]
source https://therealdeal.com/2019/07/16/new-yorks-multifamily-market-had-its-slowest-first-half-of-the-year-since-2011/
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