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It appears that New York City's commercial real estate is recovering from its two-year sales plunge. As a result of cuts in the corporate tax rate, optimism is on the rise and signed deals are expected to increase this year.  As this article notes, additionally, "property values, a lagging indicator that usually falls after sales and the number of transactions drop, appear poised for a decline."  No matter your firm's role in commercial real estate or financial services, we can assist you in building or adding to your team. For more information on our executive search services in real estate and financial services, contact 20/20 Foresight at www.2020-4.com or 646-873-6890.

New York’s Commercial Property Slump Shows Signs of Slowing