April 19, 2024

Honey, I shrunk the deals: Brooklyn investment sales volume down 34%

The Real Deal

Brooklyn investment sales were a third smaller last quarter, dragged down by interest rates and government regulations.

While the number of deals remained steady, dollar volume fell by 34 percent from the previous quarter and 15 percent year-over-year, according to a new report from commercial brokerage TerraCRG.

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