In this Special Section from the New York Law Journal: "Savvy Investing in Distressed Properties," "Billions in Commercial Mortgages Set to Mature" and "Multifamily Rental Housing's Hard Times."
January 19, 2010 at 12:00 AM
1 minute read
Free With Registration: Projecting Leasing Trends for 2010
Bradley A. Kaufman, a member of Pryor Cashman, writes that throughout 2009, landlords saw rents drop ever lower while concession packages, at least those being offered (since there weren’t a whole of takers), grew steadily. The mood in the city’s real estate market was “doom and gloom.” What exactly happened in 2009 and what can we expect for 2010?
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