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


Robert Khodadadian has been involved in all facets of New York’s wide-ranging real estate properties, from multi-family homes to retail stores, offices, SRO’s, IMD’s, retail condos and hotels, as well as investment opportunities including shares, partnership interests, loans and note sales.

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