Kent Swig on 10 years of recovering from the Great Recession

As the calendar turned to 2010, New York City’s real estate scene was just starting to show signs of a recovery that would explode into a development boom over the next 10 years. Residential sales activity had begun to bounce back at the turn of the decade, though construction projects were saddled with troubled loans and residential foreclosures were still a problem across large swaths of the city. Following a sustained expansion, the city’s residential

source https://therealdeal.com/2019/12/31/kent-swig-on-10-years-of-recovering-from-the-great-recession/