Tag Archives: New York

Multifamily, Yesterday and Today – New York Observer

New York Observer Multifamily, Yesterday and TodayNew York ObserverThe price of a higher-risk property should be justified by a higher cap rate; a low cap rate can be justified for properties that show greater potential in … read more

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Real estate investors regaining confidence – Crain’s New York Business

Finance and Commerce Real estate investors regaining confidenceCrain’s New York BusinessThe forecasted average, overall cap rate for the Manhattan office market during the first quarter was 6.65%, up from the still-low rate of 6.07% during the …Real estate analysts forecast … Continue reading

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Property values drop most in NYC – Crain’s New York Business

Property values drop most in NYCCrain’s New York BusinessThe value of office buildings here as measured by cap rate—a building's net drop in commercial property values in Manhattan over the past two years was … read more

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Property values drop most in NYC – Crain’s New York Business

Property values drop most in NYCCrain’s New York BusinessThe value of office buildings here as measured by cap rate—a building's net drop in commercial property values in Manhattan over the past two years was … read more

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The Boroughs and Building Sales – New York Observer

New York Observer The Boroughs and Building SalesNew York ObserverMixed-use properties had an average cap rate of 9.1 percent. On a price per square foot basis, walk-up buildings averaged $82 per square foot, … and more » read more

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Manhattan’s Building-Sales Market in 2009 – New York Observer

New York Observer Manhattan's Building-Sales Market in 2009New York ObserverIn 2009, the average capitalization rate for walk-up buildings was 5.05 percent, up just 65 basis points from its low in 2007. The average capitalization … read more

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How Bad 2009 Was for Building Sales – New York Observer

New York Observer How Bad 2009 Was for Building SalesNew York ObserverThe average capitalization rate on walk-up apartment buildings citywide was 6.92 percent, and the average cap rate on elevator buildings was 6.12 percent … read more

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An Attitude Adjustment – New York Observer

New York Observer An Attitude AdjustmentNew York Observer… at their properties to avoid maturity defaults when the debts finally come due (possibly in a higher-interest-rate, higher-cap-rate environment). … read more

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Manhattan Apartment Rents Drop 9.4% as City Job Losses Mount – BusinessWeek

Reuters Manhattan Apartment Rents Drop 9.4% as City Job Losses MountBusinessWeek(Bloomberg) — Manhattan apartment rents dropped 9.4 percent in the fourth quarter from a year earlier as Wall Street jobs vanished in the …Manhattan apartment rents and vacancies off in … Continue reading

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Manhattan Apartment Rents Drop 9% as Job Cuts Mount – BusinessWeek

Reuters Manhattan Apartment Rents Drop 9% as Job Cuts MountBusinessWeek14 (Bloomberg) — Manhattan apartment rents dropped 9.4 percent in the fourth quarter from a year earlier as Wall Street jobs vanished in the recession. …Manhattan apartment rents and vacancies off … Continue reading

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