The third quarter 2011 market report compiled by appraiser Miller Samuel shows how the sales activity has increased 16.7% over the same period 2010.
Prices have been mainly stable. The dollar amount paid per square foot went up 3.2%.
International buyers continue to regard Manhattan as a special market, where foreign investments prop up demand and diminish volatility.
The rebound in the rental market is, without a doubt, an attractive point for investors that look for steady returns.
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OCT
2011