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Queens investment sales slumped in the first half of 2017

Queens investment sales got off to a very sluggish start in 2017 due to factors ranging from 421a to interest rates to the Trump administration, according to a new report. During the first six months of 2017, the borough saw 262 transactions worth approximately $1.65 billion across 366 properties, Ariel Property Advisors reported. Compared to the second half of 2016, the number of transactions dropped by 12 percent, the number of properties dropped by 11 […]

Source: The Real Deal

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