Wednesday, 14 August 2019

CRE scorecard: New York City investment sales through June 2019

INVESTMENT SALES IN MANHATTAN AND BROOKLYN Manhattan investment sales stayed almost flat in June with $3.49 billion in deals recorded,35 percent above the 12-month average. The strong showing was largely thanks to one giant deal, which saw the Related Companies and Allianz buy up WarnerMedia’s 1.5 millionsquare-foot office condominium at 30 Hudson Yards for $2.2 billion. Brooklyn’s investment sales market bounced back somewhat in June with $492 million in deals recorded, 75 percent up from […]



source https://therealdeal.com/issues_articles/new-york-city-investment-sales-in-june-2019/#new_tab

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