2009 is going to be an even sleepier year for Manhattan building trades than 2008, according to a report released Thursday morning by commercial real estate brokerage Massey Knakal, which specializes in mid-market investment sales.
"Annualized sales figures suggest that 2009 will see a 59 percent decline in total dollar sales volume and a 68 percent decline in the number of sales," reads the report. Yikes!
We called Kyle Mast, a Massey Knakal managing director and...