03.06.2011 - Real estate market vibrant in New York City
In real estate markets across the country, dormant construction sites and barren cul-de-sacs testify to the severity of the 2008 crash. But the evidence in New York City is slim. Amid strong international demand and constricted local supply, the recession is becoming an evanescent memory in Manhattan and its neighboring boroughs. "Right now," said Chris Okada, founder of Okada & Company, a Midtown-based commercial real estate brokering firm, "New York has almost fully recovered.".............................................Full Article: Source
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