Who Owns All of New York?

According to Morrison & Foerster partner Christopher S. Delson, real estate companies in New York City have been less aggressive in buying and selling recently due to a long streak of price increases.

“The up cycle has been going on for so long that I think the smart money out there is somewhat cautious, just because it has been going on for so long and prices have run up for so much,” he said in the Real Deal article “Who owns all of New York?”