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8/23/2023: Episode 80: Queens 2023 Mid-Year Commercial Real Estate Trends Featuring Shimon Shkury, Sean R. Kelly and Alexander Taic
Manage episode 375039510 series 3261626
İçerik Ariel Property Advisors tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Ariel Property Advisors veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
The Queens investment sales market experienced significant improvement in 1H 2023 compared to 2H 2022 resulting in a 39% increase in dollar volume to $2 billion, of which one-third was in the development asset class, which jumped 78% half-over-half to $632 million. In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, Partner Sean R. Kelly, Esq. and Director Alexander Taic explore how developers are seeking 421a vested sites specifically in Northwest Queens and Jamaica, and Beacon Wind Land’s purchase of 31-01 20th Avenue, which accounted for approximately one-third of the development dollar volume. They also examine trends in the multifamily market and what to expect in the next six to 12 months. For more details, see Ariel Property Advisors’ Queens 2023 Mid-Year Commercial Real Estate Trends report.
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