NYC Commercial Real Estate: October’s Biggest Sales
How did the NYC commercial real estate segment do in October? Our top 10 list of the most expensive commercial sales reveals which were the latest important transactions in the Big Apple; most of the names referring to Manhattan office, retail and loft deals. Not all, though, as there’s also a building in the Bronx claiming one of the spotlights. Take…
NYC Market Size in the Past Decade: 2007 Frontrunner with $109 Billion
It’s December. Year-end lists are bound to be heading your way. So we thought we’d do something a little different: we’ve looked back at the past ten years, and added up all NYC property sales (commercial, residential, and industrial) collected by PropertyShark throughout the past decade, in order to determine the market size. In case…
Chart of the Week: Priciest NYC Office Buildings in Q2 2012
There was a 7% increase in office building sales in NYC in Q2 2012 over the previous quarter, PropertyShark’s commercial real estate quarterly report shows. This accounted for $2.83 billion in volume, which was slightly more than what Q1 2012 realized ($2.52 billion). A higher number of transactions compensated for the fact that prices paid…
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