NEW YORK, NY—Investment property transactions in Brooklyn increased 20 percent and the number of properties sold rose 17 percent in the first half of 2013 compared to the first half of 2012, according to Ariel Property Advisors’ Brooklyn 2013 Mid-Year Sales Report. Year-over-year dollar volume fell a slight 4 percent to $1.43 billion. During the first half of 2013, Brooklyn saw 362 transactions comprised of 498 buildings, compared to 301 transactions comprised of 426 ...
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