The Reel

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A blog for breaking sales and neighborhood real estate news.

In the first half of 2010 (1H10), the activity in New York City's multifamily market mirrored the overall investment sales market in many respects. This week we will take an in-depth look at the activity we are seeing in the multifamily market.

In the investment sales market, during 1H10, there were approximately $6.5 billion in transaction activity. This figure already surpasses the $6.2 billion of sales experienced in all of 2009. The activity in 1H10 represents a 131 percent increase in the dollar volume of sales on an annualized basis.

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