New York City’s multifamily market gained momentum in the third quarter, rising to $2.55 billion in sales, up 14% quarter-over-quarter and 17% year-over-year, according to Ariel Property Advisors’ Q3 2025 Multifamily Quarter in Review New York City.
How Will a Mamdani Administration Impact NYC Commercial Real Estate? Forbes
DEC
19
The inauguration of Zohran Mamdani as the new mayor of New York City on January 1, 2026, has triggered a mixed reaction in the real estate community, ranging from indifference to alarm depending on the asset type.
FOMC Lowers Federal Funds Rate 25 Basis Points to 3.50%-3.75% Capital Markets Monthly
DEC
11
he Federal Open Market Committee (FOMC) voted at its December meeting to lower the target range for the federal funds rate by 1/4 percentage point to 3.50% to 3.75%, marking the third consecutive rate cut since September. One FOMC member voted to lower the target range by 1/2 percentage point, while two members preferred no change.