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REITs might see a better year in 2023, multifamily, development site sales dominate NYC market

New yorkUnited statesDevelopment sites dominate dealsPopshelf stores chase inflationFederal reserveChances of default wework incNext rate hikeConsumer price indexCommercial property executiveCould be looking up after desultoryAll equityOnce robust cash reserves have dwindledRaising chancesWall street journalSales recapDevelopment sites dominate