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New York commercial brokers’ outlook turns positive for first time since early 2022

Federal Reserve’s recent interest rate cut plays part in boosting sentiment, study finds
New York commercial brokers’ six-month outlook has turned positive for the first time since early 2022, according to a survey. (Andria Cheng/CoStar)
New York commercial brokers’ six-month outlook has turned positive for the first time since early 2022, according to a survey. (Andria Cheng/CoStar)
CoStar News
October 3, 2024 | 3:14 P.M.

New York's commercial property brokers, hit hard by the high borrowing costs that have curbed deal activity, have a rosier view these days as their six-month outlook turned positive in a survey for the first time since early 2022.

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