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A blog for breaking sales and neighborhood real estate news.

November 18, 2015 | Commercial Observer | Robert Knakal

In last week’s column, I discussed several factors market participants take into consideration to determine whether they are optimistic or pessimistic about how the investment sales market in New York City is doing today and its performance moving forward. In addition to many local metrics, there are several macroeconomic factors that are helping to shape those opinions, such as the national debt, unfunded obligations, inflation, consumer confidence/spending, housing, GDP growth, interest rates and unemployment.

This overview led to several emails asking for additional insight on these factors. Here goes...

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