Brief
Manhattan’s Long Investment Sales Drought — And Why a Surge May Be Coming
For more than four decades, I have been tracking investment property sales in Manhattan south of 96th Street. Within this market, there are 27,649 investment properties, and, since 1984, we have metic
Summary
For more than four decades, I have been tracking investment property sales in Manhattan south of 96th Street.
Within this market, there are 27,649 investment properties, and, since 1984, we have meticulously tracked every sale.
Over that time, one statistic has proven remarkably consistent: The average annual turnover rate has been about 2.5 percent. That […]
Source
- Commercial Observercommercialobserver.com
