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Apr

29

New York’s Commercial Property Slump Shows Signs of Slowing

By Tony Seruga

After a two-year sales plunge in New York City commercial real estate, signs are emerging that a bottom could be near.

Brokers are optimistic that more deals will take place in 2018, pointing to an expected economic boost from the new law cutting corporate taxes, as well as an uptick in signed contracts in the fourth quarter, which could lead to an increased number of deals completed this year…

New York’s Commercial Property Slump Shows Signs of Slowing

Categories : Commercial Real Estate

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