Brooklyn Investment Sales Soar Above $10 Billion in 2022, Ariel Property Advisors Report Shows
In 2022, Brooklyn saw a 28% year-over-year increase investment sales to just over $10 billion, the first time ever the borough has cracked the $10...
Tag : investment sales
Manhattan investment properties see uptick in pricing
With the 2nd quarter behind us, we can now analyze a full year of investment sales data gathered since the onset of the COVID-19 pandemic...
Investors give NY market a little Valentine’s hug as sales tick up
In the second half of 2020, investment sales in New York City experienced moderate increases in both sales volume and transactions after declining sharply in...
New York takes $1.4B tax hit as real estate sales dry up
The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, today reported that year-over-year investment and residential sales volume declined 34 percent and...
Real estate sales drought costs city $755M in lost taxes
The Real Estate Board of New York (REBNY) today reported that total September investment and residential sales volume declined 47 percent and tax revenue generated declined 36 percent...
Manhattan investment sales hit lowest in decade
Manhattan investment sales continued to suffer the consequences of COVID-19 in the third quarter with 21 transactions, the lowest number of sales since the third...
Berkadia pushes further into affordable finance sector
Berkadia has acquired LIHTC Advisors, an Idaho-based brokerage firm that specializes in Low Income Housing Tax Credit (LIHTC) and other affordable housing properties. The acquisition...
Broker confidence hits all-time low
The Real Estate Board of New York (REBNY) today released two market reports illustrating the challenges the City faces as economic recovery begins. REBNY’s Monthly Investment...
Manhattan investment sales hit rock bottom
Manhattan saw an unprecedented halt in investment sales activity in the second quarter due to COVID-19, falling to its lowest level since the third quarter...
Development site sales decline in 2019 Q3, report says
Consistent with the broader New York City Investment Sales market, there were fewer sales of development sites in the third quarter of 2019. Total sales...