Record Breaking Real Estate Year!

New York City’s real estate market is on pace to break a record this year with a projected $75 Billion in land and building sales by the end of 2015, according to Capital New York. The previous record was $62.2 Billion in 2007, right before the housing market burst. When you see these numbers, it suggests that developers are quite bullish. Not to be forgotten, Brooklyn is also seeing in increasing number of transactions compared to last year. There is a lot of exciting stuff happening in the Big Apple! If you would like to read more about this topic, find the original article here: http://www.capitalnewyork.com/article/city-hall/2015/07/8572558/hot-real-estate-market-pace-break-annual-record