February 22, 2018

Did the NYC multifamily market almost die in 2017?

Feature Mentions

The Real Deal

Portfolios virtually vanished and volume steeply declined, but brokers are optimistic for a rebound in 2018.

People have waited for a crash that didn’t happen,” said Adam Hess of Brooklyn brokerage TerraCRG.

The need for a forceful marketing push has therefore made the elusive “off-market deal” a rarer thing.

Read more here.