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Brooklyn investment sales jump 50% over 2011

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Strengthening economic fundamentals and buzz surrounding major developments such as the Barclays Center and City Point have served as a boon for the Brooklyn investment sales market, according to a report by Ariel Property Advisors. Dollar volume of Brooklyn investment sales increased by 106 percent in 2012 compared to the previous year, to a total of $4 billion, the report shows. There were a total 586 Brooklyn investment sales transactions in 2012, a 51 percent [more]

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