The Real Deal New York

Editor’s Note: Millennial mania

By Stuart Elliott | June 01, 2016 04:05PM

Stuart Elliott The Real Deal

Stuart Elliott

From the June issue: It’s a young person’s world. And that is just as true in real estate as it is anywhere else.

The constantly buzzed-about millennial generation is shaking up New York City’s real estate industry — and with good reason. They are now bigger in ranks than the Baby Boomers and account for one out of five New Yorkers. And their spending power is expected to more than double in the next five years. [more]