New York City Gets Back to Fundamentals

(Read more on the debt and equity markets.)

NEW YORK CITY-The city has seen its share of market changes over the years. With today’s credit uncertainty, panelists at yesterday’s RealShare New York’s “Town Hall Meeting: Has the New York Real Estate Market Reached Its Peak?” session noted that the market will most likely continue to be flat for the rest of the year. They did however remain bullish about the city’s long-term prospects.

More than 550 top-level real estate executives were in attendance at yesterday’s Sixth Annual RealShare New York conference, which covered everything from market performance reviews to forecasts from executives in all areas of the market, including buyers, sellers, financial service providers and investors.