Multifamily market in BK, Queens rebounds

The multifamily market bounced back in Brooklyn, and Queens but stayed in the red in Manhattan. The total dollar volume for the city was $578 million across 40 deals, down 25 percent year-over-year and 15 percent from October, according to a report from Ariel Property Advisers. The number of deals and buildings traded increased by 25 and 30 percent year-over-year, indicating that while a slew of smaller deals in the outer boroughs closed in November, […]

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