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NEW YORK CITY-There are still deals out there under $50 million, but it’s tough to find transactions much higher than that. “The over $100-million market has basically evaporated,” Robert Knakal, chairman of Massey Knakal Realty Services, tells GlobeSt.TV.

Knakal spoke to Real Estate New York editor Paul Bubny about the state of the local market. To see the full GlobeSt.TV interview, please click the link below the video.

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