Market Value of New York Real Estate Shows Signs of Weakening

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The total market value of all New York properties was put at $1.378 trillion, an increase of $62 billion from January 2019

Market values of existing homes, apartment buildings and commercial space rose at the slowest pace in six years, under a new assessment rollNew York City assessors are flashing a warning sign about a slowing real-estate market—even though city property-tax bills continue to rise.

Market values of existing New York homes, apartment buildings and commercial space rose at the slowest pace in six years, under a new assessment roll released last week. The annual assessments provides a valuation as of Jan. 5 of each year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Disgusting

Money laundering galore

Best tech start up resources Billion dollars in 2.99 dollars Plan to execution in cloud biz in 1 week time to market

Was bubbly.

This is why we're homeless.

With the permit issuance and the new development at an all time low, expect this to plateau even further. The demand is just not there

More are leaving NYC then coming in because of the liberal taxes!!!

So $AAPL is valued higher than ALL of NYC, wtf!

With the permit issuance and new development barely existing expect this to plateau even further. The demand is just not there

Stop taxing them so much pls. The Midwest is getting too crowded. newyork

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines