Data Alert: What’s going on with i-sales in Manhattan and Brooklyn?

Investment sales in Manhattan and Brooklyn Manhattan investment sales hit a two-year low in August with $995 million in deals recorded — 52 percent down from June and 59 percent below the 12-month average. The borough’s largest deal was Savanna’s $180 million buy of the office building at 360 Lexington Avenue from AEW Capital Management. Brooklyn’s investment sales market slowed down less dramatically, with $550 million in deals recorded in August, a 14 percent drop

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

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