New York’s multifamily sales improve in Q3

New York City’s multifamily investment sales improved in the third quarter compared to second quarter results, as the number of deals and total dollar volume both rose. But the July through September totals were still far below what they were at the same time last year. In the third quarter, 56 multifamily sales totaled $738 million in the five boroughs, up from 47 sales for a total of $653 million, according to Ariel Property Advisors’