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Economic Engines of NYC
Thursday, July 25, 2019

Join us at Coffee & Cap Rates,
a bi-annual discussion about the NYC investment sales market.

Sponsored by Berdon LLP

Our Latest Research

Multifamily Month in Review: New York City | April 2019

The New York City multifamily market started off the second quarter of the year mirroring similar patterns to the first quarter. Multifamily investors were in a holding sequence as they awaited clarity on the pending rent regulation changes expiring in June.

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Q1 2019 MULTIFAMILY MARKET STATS COMPARED TO Q1 2018

Multifamily
Dollar Volume

$2.00B

$2.56B (-22%)

Multifamily
Transaction Count

75

131 (-43%)

Current Prime
Interest Rate

5.50%

4.75%

Resi. Units in
Development

8,532

6,967 (+22%)