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brooklynite

(96,882 posts)
4. Actually, yes...
Mon Aug 26, 2013, 03:13 PM
Aug 2013

...and not, surprisingly, in the financial markets. Our analysis shows the most growth in education, technology, medical services and tourism (52 million visitors last year).

A related article:

Shortage of office condos spurs spike in prices

A surge in sales of office condominiums, spaces that businesses and nonprofits buy and occupy, is putting a strain on the thin supply of units in what remains a niche market.

Michael Rudder, a broker who specializes in commercial condo sales, just sold a 7,500-square-foot unit at 131 W. 31st St. to a garment company for just more than $4 million. The buyer, which went by the name Flatiron Realty in the transaction, will relocate to the space from an office it rented at 25 E. 22nd St.

Mr. Rudder, who operates an eponymous brokerage company that specializes in office condos, also just acquired a 1,500-square-foot space for his own business at 14 E. Fourth St. for roughly $1.1 million.

http://www.crainsnewyork.com/article/20130826/REAL_ESTATE/130829922

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