The investment property sales market in Manhattan had a strong 2018, with large institutional deals driving dollar volume to its highest level since 2016. Overall, the borough saw $24.4 billion worth of activity across 501 transactions and 626 buildings, according to a report from Ariel Property Advisors. These were respective year-over-year increases of 33 percent, 2 percent and 8 percent. The large increase in dollar volume was driven by massive deals including Google’s roughly $2.4 […]
source https://therealdeal.com/2019/02/06/manhattan-i-sales-market-hit-2-year-high-last-year-with-24b-in-deals/
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