NEW YORK CITY—The outer boroughs are "white hot." After reviewing optimistic citywide first quarter numbers as well as the lighter results for Manhattan, that's the only way to explain it.
In the latest installment of the Knakal News Network, Massey Knakal chairman Robert Knakal breaks down the results and shows just how those outer borough numbers are driving the comparisons with 2007.
In the video, you'll also hear about:
- The outer borough dollar value and number of properties sold for the quarter,
- What's fueling the current property frenzy, and
- The winners and losers in the outer boroughs.
To see the full video, "1Q14 Outer borough Sales Market," click here. To see other videos from the Knakal News Network, click here.
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Geoffery Metz
Geoffery Metz is the content manager for ALM's GlobeSt.com, Credit Union Times and Treasury & Risk. Before joining ALM, he spent several years overseeing the newsroom at the financial wire service Business Wire, with special focus on multimedia presentation for the web.
