Updated about 5 years ago on . Most recent reply
NYC Market Opportunities
Good evening,
All I hear and read in the media is doom and gloom about NYC real estate. Sales are down 67% according to what I read today. Is it translating into any real opportunities yet or still premature on the distressed front? Looking at reaidential in Manhattan ideally if Cap rates end up taking off. Anyone seeing Cap rates increasing yet? I am not from the area but am considering dipping my toe in the water if there are in fact opportunities yet as part of any broader market softness.