Behind Investor Frenzy for NYC Real Estate
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NEW YORK CITY--In the latest video from the Knakal News Network, Robert Knakal, chairman of Massey Knakal Realty Services, discusses the historical factors and how an influx of new investors are leading to the current appetite for New York City real estate.
Also discussed in the video:
-- How foreign investors are helping fuel the demand.
-- The role of first-time investors in the property market.
-- How the institutional capital has effected both the traditional New York areas as well as the outer boroughs.
-- The current investment strategies driving the pace of the market.
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