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Multifamily Quarter In Review: New York City | Q1 2022
New York City’s multifamily market experienced a robust first quarter with dollar volume totaling $2.87 billion, a 451 percent increase compared to 1Q 2021 and well above the five-year quarterly average of $1.90 billion, according to Ariel Property Advisors’ 1Q 2022 Multifamily Quarter in Review.