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Quarterly Market Report: Exclusive interview with Shimon Shkury, president of Ariel Property Advisors

August 26, 2013 - Front Section

Shimon Shkury, Ariel Property Advisors

Ariel Property Advisors' Multifamily Quarter in Review: New York City Q2 2013 shows that multifamily volume picked up in the second quarter from a lackluster first quarter.

Shimon Shkury reports that the Queens multifamily market is heating up. Ariel Property Advisors recently sold this five-building portfolio with 311 units in Elmhurst, Queens, for $38 million.

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