NYC’s Real Estate Rebound: How $16.5 Billion in Sales is Shaping the City 

The commercial real estate scene in New York City is bustling with renewed energy, showcasing a staggering 70% surge in sales, amounting to a remarkable $16.5 billion in 2023. Spearheading this revival is the office sector, totaling an impressive $3.6 billion in sales, with a significant $1.6 billion concluded in the year’s final quarter. This upward trajectory not only signals a market rebirth but also highlights a shift in purchasing trends. 

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