2017-02-10
Price gains for multifamily properties in the Bronx climbed higher in 2016 than any submarket in the city outside of Queens. But after years of surging growth, sales volumes turned south last year as investors pulled back on the throttle, according to a new year-end report from Ariel Property Advisors. Overall, Bronx multifamily pricing metrics increased 13 percent on the year as buyers searched for relative affordability. The price per unit rose 19 percent to … [more]