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New York City recorded $1.44 billion in multifamily sales in Q1 2024, a 23% increase from Q1 2023, according to Ariel Property Advisors’ Q1 2024 Multifamily Quarter In Review New York City.
New Housing Policy Could Trigger Development Boom In New York CityForbes
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In his latest Forbes article, Shimon Shkury, President & Founder of Ariel Property Advisors, provided an overview and analysis of the new housing policy.
Commercial / Non-Profit Owner-User Opportunity: 251-15 Northern Boulevard & 44-14 Jessie Court
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Ariel Property Advisors presents 251-15 Northern Boulevard & 44-14 Jessie Court, a rare and unique real estate opportunity for investors or owner-users in Little Neck, Queens. The property consists of three components.
Steady Rates and Clearer Horizons: NY State Charts New Course for Housing Policy:Capital Markets Monthly
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For the sixth consecutive meeting, the Federal Reserve voted to maintain the target range for the federal funds rate to between 5.25% to 5.50%. Inflation has eased but remains higher than the longer-run goal of 2%. As part of their decision-making process, policymakers review total Personal Consumption Expenditure (PCE) prices, which increased by 2.7% over the 12 months ending in March, and core PCE prices excluding the volatile food and energy category, which rose by 2.8%.
