Friday, 16 August 2019

Multifamily market still reigns in Queens, Blackstone balks after rent reforms and more of the biggest CRE trends right now

Multifamily market hits 8-year low A tepid multifamily sector in New York City continued to plague the real estate industry through the first half of 2019 with the number of deals hitting the lowest point since 2011, according to Ariel Property Advisors. Overall, the city had 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 when compared to the second […]



source https://therealdeal.com/issues_articles/commercial-market-report-16/#new_tab

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