The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

October 21, 2015 | Commercial Observer | Bob Knakal

Frequent readers of this column know that I’ve often said 2014 was the best investment sales market I have seen in 32 years. Thus far, 2015 has been putting up a valiant challenge to that title. In some ways. it is not quite measuring up and, in others, it is well on the way to making history.

If we look at the dollar volume of sales in the New York City market, 2015 will undoubtedly set a new all-time record. In the third quarter of 2015, there was $17.9 billion in sales, bringing the year’s total to $55.43 billion...

Click here for full article