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Fewer buyers, steeper rents, and costlier renovations: How tariffs could impact NYC real estate
… The Trump administrations new tariffs on foreign goods have rattled the stock … began hiking prices in anticipation of new tariffs Spencer Levine president of developer RAL Companies said … plunge the US economy into a recession forcing the Federal Reserve to lower its benchmark interest rate Miller said But …
Manhattan and Brooklyn rents hit new record highs in March
… March was another unusual month for the New York City rental market Rents hit record highs again fueled by increased competition … economic fallout of President Donald Trumps new tariffs In Manhattan net effective median rent which factors in …
