Has NYC’s retail-condo market bottomed out?

From the March issue: “Retail” was a four-letter word in the industry last year. But a recent spate of retail-condo sales in early 2018 might reflect changing attitudes. Investors bought or put into contract a total of $276 million worth of retail condo properties in the first eight weeks of 2018, a review of Real Capital Analytics data byThe Real Deal shows. That’s already more than half of 2017’s total of $523 million. “Sales activity is […]

Source: Real Estate

Leave a Reply

Your email address will not be published. Required fields are marked *