New York City’s Building Sales Volume Up Almost 40% From Q1
2 years ago by Justin |
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New York City’s volume of buildings sold reached $4.8 billion in the second quarter, up 38.9 percent from the first quarter, according to a report shared exclusively with Commercial Observer. The second quarter brought offices back as the reigning asset class in the city, recording $1.6 billion in deal volume, about 23 times higher than… Read more »
The Wealthy Are Leaving New York As City Undergoes Monumental Demographic Shift
2 years ago by Justin |
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The New York metropolitan area lost 70,000 people during the coronavirus pandemic, equating to tens of billions in lost income for the city. In total, about 3.57 million people left the city from Jan. 1 through Dec. 7, Reuters reported, citing data from Unacast. Around 3.5 million people moved in during that time; however, they… Read more »