New York Real Estate Prices Slowing As Dollar Gains Strength

The rate of price growth is beginning to slow down and properties are taking longer to sell, according to an article in Luxury Daily.com. Price growth in the boroughs of Brooklyn and in Manhattan has been slowing since July 2015 and December 2012 respectively. The number of days a property has to spend on the

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Blackstone Group Proves Able to Find Profit Under a Rock

In real estate investment news from New York, giant equity firm Blackstone Group realized banner earnings in the second quarter of this year, based on what the company called “increased valuation fees” and other factors. Blackstone President, Tony James, suggested that overall real estate ventures are becoming expensive.

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