The Traderszone Network

Published in TZ Latest News 31 March, 2017 by The TZ Newswire Staff

Israeli investment in NYC real estate plummeted in 2016

Israeli investment in New York City real estate all but ground to a halt last year, according to a new report. Amid concerns that the market was overheated, investment plummeted to just $130.5 million in 2016 — down from nearly $2.07 billion in 2015. Last year’s investment level was the lowest since 2009, according to the report by Ariel Property Advisors. Citywide, overall investment dropped to $48 billion in 2016 from $67 billion in 2015. […]

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