Lessons Learned: 2020 Real Estate Market


  1. What NYC neighborhoods have an upswing or are on the come up?
    • Greenpoint, Brooklyn
    • St. George, Staten Island
    • Melrose, Bronx
    • Hudson Yards, New York
    • Jamaica, Queens
  2. What are the signs of an emerging market? And some key indicators?
    • Robust job creation
    • Increasing population & economic growth
    • Number of buildings proposed or permits pulled
    • New governmental plans and/or legislation
    • Affordability
    • Appropriate absorption & vacancy rates
    • Courage (to try something different)
  3. What does my crystal ball say about NYC’s residential, retail and office markets
    • Regarding Residential Markets…..
    • As it relates to Retail Markets…..
    • Regarding Office Markets……..

DeVon Prioleau

DeVon Prioleau
244 Fifth Avenue, Suite 2607
New York, NY 10001
Office: (212) 561-6707

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