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Good Morning New York, Real Estate with Vince Rocco

Good Morning New York, Real Estate with Vince Rocco

Tuesday at 6 AM Pacific

January 03rd 2017:Closing out 2016 and Predictions for 2017

New York City's luxury real estate market cooled considerably in 2016, with the number of high-end sales down 18 percent. Experts blamed co-ops for the decline, as demand has shifted to condos instead. But even still, the "golden years" of new condo construction have passed. A total of 1,102 properties had contracts signed for $4 million or more this year, down sharply from 2013-2015 but still higher than 2012, before the condo boom started. Many predict that 2017 will be a game changer for the real estate industry in 2017, but just how will it play out?

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https://www.voiceamerica.com/show/2311/good-morning-new-york-real-estate-with-vince-rocco 17/12/2017 07:00 17/12/2017 08:00 Good Morning New York, Real Estate with Vince Rocco https://www.voiceamerica.com/show/2311/good-morning-new-york-real-estate-with-vince-rocco New York City's luxury real estate market cooled considerably in 2016, with the number of high-end sales down 18 percent. Experts blamed co-ops for the decline, as demand has shifted to condos instead. But even still, the "golden years" of new condo construction have passed. A total of 1,102 properties had contracts signed for $4 million or more this year, down sharply from 2013-2015 but still higher than 2012, before the condo boom started. Many predict that 2017 will be a game changer for the real estate industry in 2017, but just how will it play out? VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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