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The submarket reports are an in-depth look at the specific Investment Sales markets in Brooklyn, Bronx, Manhattan, Northern Manhattan and Queens.
We seek to provide our readers with an overview of the market activity, benchmark transactions, and pricing trends that impact each individual real estate market.
Creative Space & Owner-User Opportunity in Mott Haven: 9 Bruckner Boulevard
MAR
24
A 16,205 Square foot commercial building in Mott Haven ideal for creative space such as a local brewery, food hall, and entertainment venue.Located on one of the most prominent streets in the South Bronx
3 Assets Behind Rise in 2024 New York City Commercial Real Estate Sales Forbes
MAR
24
New York City recorded over $28 billion in investment sales in 2024, marking a 26% increase from 2023 and outpacing the national market. Office, development and multifamily asset classes led the way, comprising 70% of the total investment sales volume, Ariel Property Advisors’ research shows.
Fed Votes to Leave Rates Unchanged, Projects Two Cuts This Year: Capital Markets Monthly
MAR
20
At its March meeting, the Federal Open Market Committee left the target range for the federal funds rate unchanged at 4.25% to 4.50%. Policymakers are still projecting two rate cuts this year but lowered their GDP forecast to 1.7% because of economic uncertainty. Inflation has moderated yet remains above the Fed’s 2% goal. Total Personal Consumption Expenditures (PCE) rose 2.5% over the 12 months ending in February and, excluding food and energy, core PCE prices rose 2.8%.
