Beggars cannot be choosers in todayâ€™s market, especially those looking to invest in the cityâ€™s commercial real estate.
Inventory levels are low and prices have hit an all-time high, as potential buyers scour the market and owners cling to property.
Post-recession, investors who weathered the storm are looking to expand portfolios. Foreign buyers are flooding the market, and first time buyers who missed out during the boom want in. But existing property owners have little incentive to sell!
Upper West Side is where it is at right now!