Portfolios Punch Drunk

Remember the portfolio deal? That’s right, the practice of grouping a bunch of buildings together and selling them all at once? Yep, it’s hard to remember, because the last time a big portfolio deal happened in New York City was …

“Wow,” laughed Pete Culliney, director of Global Research for Real Capital Analytics, when The Observer posed him that question. “Let me dust off the books. Who would imagine that would be...

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