After years of waiting, New York City finally has a housing policy with the potential to unleash a surge of new development including office to residential conversions.
Higher interest rates, regulations and bank closures contributed to a 52% drop in NYC apartment building sales to $7.4B in 2023 compared to 2022, Ariel report shows.
Harlem 125 Apartments Sold for a Whopping $28 million – Ktoy1047 ktoy1047.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktoy1047.com Daily Mail and Mail on Sunday newspapers.
Affordable housing accounted for approximately 43% of New York City’s $3.91B in multifamily sales in 2Q 2023 because of acquisitions by major mission-driven investors.