A slew of federal policies are set to take effect in January that will radically cut federal spending and end some of the Bush-era tax cuts. But the so-called fiscal cliff will have radically different effects on commercial real estate values across the country, CoStar reported. In New York City, “the real estate sector is about to take a big kick in the gut,” David A. Kessler, a commercial real estate specialist at public accounting [more]
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