The coronavirus pandemic put brakes on the office condominium market in Manhattan. And the recovery likely won’t be quick, according to industry veterans. Manhattan’s office condo market saw a 66 percent decline in sales volume during the first six months of 2020 compared to the last six months of 2019, according to data from Rudder Property Group. The figure, about 98,000 square feet, is the lowest amount of square footage sold in a six-year period
source https://therealdeal.com/2020/07/28/the-outlook-industry-experts-break-down-manhattans-office-condo-market/
No comments:
Post a Comment