NY commercial property market goes cold
Sales of office towers, hotels, stores and other buildings are forecast to fall as much as 30% this year
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New York
DEALS for a piece of New York's iconic skyline are drying up.
About US$14 billion of commercial real estate changed hands in the biggest US property market in the first three months of the year, the lowest tally since the third quarter of 2014, data from Cushman & Wakefield Inc show.
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