NYC remains the world’s priciest place to build and more of the biggest trends in CRE right now

Multifamily sales reach highest level since 2016 New York’s multifamily sales market notched its strongest month in more than a year. The dollar volume of transactions crossed the $1 billion mark in March, the highest level since hitting $2.3 billion in December 2016, according to data from Ariel Property Advisors. Manhattan deals accounted for a bulk of the total, with almost $600 million in property trades. The largest deal was A&E Real Estate Holdings’ $287 […]

Source: Real Estate

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