The dollar value of commercial real estate sales in New York City tumbled nearly 50% in September in the pandemic from a year earlier, resulting in a $49.5 million drop in tax revenue as the Big Apple is in a financial crunch.
New York City Commercial Real Estate Sales Drop 47% in September
Trade Group Reports Decline From a Year Earlier Is Still An Improvement From August
By Linda Moss
CoStar News
October 16, 2020 | 12:13 AM
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