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NEW YORK CITY MULTIFAMILY SALES SURGE IN FEBRUARY, ACCORDING TO ARIEL PROPERTY ADVISORS’ REPORT

NEW YORK, NY - April 5, 2012 - (RealEstateRama) -- New York City multifamily sales activity surged in February 2012, far exceeding January’s lackluster figures and year-over-year comparisons, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.