A 131% rise in the value of building sales across the city (to a total of $6.48 billion) during the first half of the year wasn't enough to avoid an 82% decline in dollar volume from the same period of time in 2007. That's right, your rundown sixth-floor studio was worth so much more back then, at least to landlords. "Clearly, things are getting better and trending up,” said Big Knak. [Crain's]
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