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Bronx Buildings & Miami Office Rents | Real Estate News
Description
New York City’s real estate market just hit a major milestone with over 250 transactions totaling more than $330 million, led by an Upper West Side townhouse selling for $8.4M — but the real buzz? Three Bronx apartment buildings swapped hands for $16.7M, housing 252 units, signaling a major ownership shift in the neighborhood. Meanwhile, Miami’s office rents are surging past NYC’s, averaging $59.66/sq ft — even outpacing Manhattan’s $69.29/sq ft in May — proving the Sunshine State’s commercial real estate is heating up faster than the Big Apple’s.
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