Tenant behavior in the office market, regulation in multifamily and higher interest rates contributed to a 43% drop in NYC investment sales to $12.8B in 1H 2023.
Three Trends Impacting New York City Commercial Real Estate
![Twitter](https://locallanddeals.com/wp-content/themes/standard-pro/assets/img/icon-twitter-white.png)
![Facebook](https://locallanddeals.com/wp-content/themes/standard-pro/assets/img/icon-facebook-white.png)
![Pinterest](https://locallanddeals.com/wp-content/themes/standard-pro/assets/img/icon-pinterest-white.png)
Tenant behavior in the office market, regulation in multifamily and higher interest rates contributed to a 43% drop in NYC investment sales to $12.8B in 1H 2023.