Jul 24, 2019
Central Park
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Central Park
SUBWAY
Charley climbs into his pet carrier to take the subway home. Greenwich Village, Manhattan, NYC
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«_5110202» lofi noir: a study in chaos... (via Flickr https://flic.kr/p/2ea1aFy)
« lofi noir: a study in chaos»
_lofi noir: a study in chaos…
The Real Deal spoke to dozens of landlords and multifamily brokers over recent months about the market’s ups and downs.
After winning an assignment last summer for an outer-borough multifamily package, Aaron Jungreis jogged his memory for potential buyers.
“You always go to that top line – the junkies,” said Jungreis, the president of Rosewood Realty Group, one of the city’s most active multifamily brokerages. “And the second level are guys who are not as prone to risk.”
Then came the final tier, one that multifamily brokers increasingly turned to in the past year while the market softened significantly. “When you really can’t sell anything, you go to those who are not that reliable,” he said. “If that doesn’t work, then you’re in trouble.”
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