Monthly Archives: November 2016

New York City Real Estate Market Undergoing Market Correction

Following a period of intense bidding wars in 2015, the real estate market in New York City is undergoing a market correction. Residential sales in New York City have decreased by 18.6% year over year, while inventory has increased 8.2% over the same period. There are multiple externalities which may arise as a result of […]

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Brexit Benefits New York City’s Real Estate Market

In the 12-month period ending in June, foreign investors spent $25 billion on New York City commercial real estate, compared to just under $25 billion in London. Investment in the City of London decreased 36% year-over-year. In previous years, London’s commercial real estate market was intensely bolstered by foreign investors. One organization, the Qatari Investment […]

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