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NEW YORK, NY--(Marketwired - May 20, 2015) - The majority of New York real estate executives say commercial property commercial values in the city are reaching the top of the roller coaster, according to a survey fielded by accounting firm Marks Paneth.
More than half (54%) of executives say commercial property values have ended their climb, and nearly a quarter (22%) say commercial property values will begin declining. That's according to the Spring 2015 Gotham Commercial Real Estate Monitor, a survey completed in March of more than 100 New York commercial property owners, brokers, agents, engineers, accountants and lawyers specializing in the commercial space.
In fact, 26% of executives say Manhattan commercial real estate is "highly overvalued," and nearly half (48%) say it is "moderately overvalued." (In January 2013, only 8% of executives said Manhattan commercial property was highly overvalued.)
Read Full Story: New York Property Execs Say Commercial Real Estate Values Are Peaking Now, According to Marks Paneth Survey
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More than half (54%) of executives say commercial property values have ended their climb, and nearly a quarter (22%) say commercial property values will begin declining. That's according to the Spring 2015 Gotham Commercial Real Estate Monitor, a survey completed in March of more than 100 New York commercial property owners, brokers, agents, engineers, accountants and lawyers specializing in the commercial space.
In fact, 26% of executives say Manhattan commercial real estate is "highly overvalued," and nearly half (48%) say it is "moderately overvalued." (In January 2013, only 8% of executives said Manhattan commercial property was highly overvalued.)
Read Full Story: New York Property Execs Say Commercial Real Estate Values Are Peaking Now, According to Marks Paneth Survey
Buy Residential Property in Varanasi, Real Estate Agents in Varanasi, Residential property in Varanasi, Real Estate Agents in Varanasi, Residential apartment in Varanasi, Varanasi residential project, property for sale in Varanasi, property rates in Varanasi, residential projects in Varanasi
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