July 21, 2015
New York Daily News
Katherine Clarke
The soaring New York City real estate market is showing little sign of coming back down to earth.
Sales volume of land and existing buildings is on pace to top $75
billion by the end of the year, a 30% uptick from 2014 and an all time
record for the city, according to a new report by commercial brokerage
Cushman & Wakefield.
The previous record for sales volume was set at the height of the market in 2007, when $62.2 billion worth of deals were done...
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