NYC MULTIFAMILY TRANSACTIONS JUMP 29 PERCENT IN APRIL

NYC MULTIFAMILY TRANSACTIONS JUMP 29 PERCENT IN APRIL

NEW YORK, NY – June 14, 2012 – (RealEstateRama) — New York City multifamily transaction volume rose 29 percent in April 2012 compared to April 2011, but year-over-year dollar volume fell by 18 percent, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

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Ariel Property Advisors is a New York City investment property sales firm. The firm produces a number of research reports including the Multifamily Month in Review: New York City; Northern Manhattan Sales Report; and Northern Manhattan Fundamentals Report.

Contact:

Phone: 212-544-9500 or 917-301-5706

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