Wind in the Doldrums? A Look Ahead At NYC Investment Sales
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Decline in Annualized Sales and Impact of Rising Interest Rates
The chapter discusses the decline in annualized sales in New York City, which is attributed to rising interest rates. Many investors have been hesitant to enter the market due to uncertainty regarding the future direction of interest rates. The chapter also explores how the expectation of higher interest rates for a longer period may impact investment sales in New York.
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