Editor’s note: Bracing for the ride ahead

From the January issue:  From the White House all the way down to your house (or condo or co-op or townhouse), who knows what the new year will bring?

Here’s what we do know at the start the year, and it’s not that rosy: The market has been slowing, if one takes a look at the investment sales and luxury residential markets of 2016, the record level of rental concessions and a decline in office leasing. [more]