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Top Commercial Real Estate Firms In New York City Win Costar Power Broker Awards

The annual CoStar Power Broker Awards featured Ariel Property Advisors,
among several top firms,
as a leading real estate brokerage firm within New York City.
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Our Latest Research

Multifamily Month in Review: New York City | April 2017

The New York City multifamily market saw dollar and transaction volumes hold in April, while building volume increased significantly as a result of an uptick in outer-borough portfolio trades. While these figures represent an improvement over last month’s numbers, all three volume metrics fell well below the activity seen in April of 2016.

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2017 Q1 MULTIFAMILY MARKET STATS COMPARED TO 2016 Q1

Multifamily
Dollar Volume

$1.60B

$4.00B (-60%)

Multifamily
Transaction Count

117

180 (-35%)

Current Prime
Interest Rate

4.00%

3.5%

Resi. Units in
Development

4,728

5,348 (-12%)