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NYC MULTIFAMILY SALES JUMP 34 PERCENT IN FIRST QUARTER, ACCORDING TO ARIEL PROPERTY ADVISORS’...

NEW YORK, NY - April 17, 2012 - (RealEstateRama) -- New York City multifamily transactions jumped 34 percent in the first quarter of 2012 compared to the same period last year, and were up 11 percent compared to the fourth quarter of 2011, according to Ariel Property Advisors’ Multifamily Quarter in Review: New York City