Dangers of Decoupling: Don’t Call It a Bubble, But Investment Outpacing Cash Flow
New York City's commercial real estate investment market has rebounded strongly over the course of the past year. Sales volumes and pricing metrics have both climbed from their lows, outpacing improvements in other major markets. The gains measured for the most visible assets, in the office sector in particular, have exceeded upside expectations during the depths of the financial crisis. Even as ...
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