New York City Commercial Real Estate Sales Total $2.9 Billion ...

New York City recorded over $2.9 billion in commercial real estate property sales in the first quarter of 2024, a 42% drop compared to the first quarter of ...

NYC Sales Drop in Q1 Except Multifamily - Globest

New York City recorded over $2.9 billion in commercial real estate property sales in the first quarter – a 42% drop compared to the first quarter of 2023.

'There is just no market at all': Why New York property owners aren't ...

There were about $2.9 billion worth of deals across 392 transactions and 442 buildings last quarter overall, the brokerage found. These were all ...

Manhattan Investment Sales Total $11.1 Billion in 2023, 45% Year ...

Manhattan commercial property sales (including hotels and retail) totaled $3.45 billion in 2023, a 41% increase year-over-year, however, transactions dropped 40 ...

A billion square feet of offices could become housing - New York Post

A billion square feet of new housing space to emerge in cities as America's office market faces a major crisis ... . Many office buildings, ...

Office Real Estate in New York City: A Review of Market Valuation ...

Despite the COVID-19 pandemic, in fiscal year. (FY) 2025, office properties are expected to contribute 20.6 percent of the total property tax.

New York City Transactions Poised To Rise: Here's The Opportunity

In Manhattan, office sales totaled $1.18 billion across 23 transactions in H1 2024, a 38% and 21% increase, respectively, from H2 2023 as ...

TPG Buys Two Manhattan Office Buildings for Residential Conversion

TPG and its partners are investing in two New York City buildings in the hope of converting them from office to residential.

Annual State of the City's Economy and Finances - NYC Comptroller

For FY 2025, the City faces a projected gap of $7.77 billion (7.3 percent total projected revenues). When FY 2024 surplus funds, General Reserve ...

MTA says dismal real estate taxes have taken big bite out of budget

... commercial sales have dropped $98.3 million compared to ... and opinion on how to navigate New York's complex business and political landscape.

NYC CRE Market Rebounds as Investor Confidence Fuels 63 ...

Manhattan's commercial real estate (CRE) market is seeing a strong rebound, with Q3 sales hitting $3.2B, more than doubling from the previous year.

New York City Commercial Real Estate Market Report - Crexi

... billion in property transactions and marketed assets valued at over $5 trillion total. Crexi is proud to serve New York City, Brooklyn ...

As New York Goes, So Goes The Country? Data Shows The NYC ...

HKS Real Estate Advisors, a commercial real estate advisory firm, released a report for the first half of the year showing that transaction ...

Comments on New York City's Preliminary Budget for Fiscal Year ...

Overall, PEGs are projected to reduce the gaps in FY 2024 and FY 2025 by $6.58 billion. Other routine adjustments have provided more than $2 ...

'The Worst Market I've Seen': NYC Commercial Real Estate Sales ...

The city is on pace to see fewer than $10B in commercial real estate deals, according to Avison Young figures, a shadow of the historical 10-year average of $ ...

The Kushners' Real Estate Empire Now Surpasses Trump's. Here's ...

After selling many of their New York assets, Kushner Companies began buying up apartment complexes in areas like New Jersey, Miami and other ...

Commercial Real Estate By The Numbers: 2023

These jobs include new commercial building development and ... Foreign investment in U.S. commercial real estate totaled $92 billion in 2021-2022,.

Adam Sonenshine - Senior Managing Director, Chief Operating ...

Chief Operating Officer & General Counsel | Commercial Real Estate Operations, Investments + Development | Lawyer. Holder Properties Georgia State University ...

Kushner Companies sees value soar to $2.9B, post-Trump presidency

The company has reached a valuation of $2.9 billion, up from a $1 billion worth eight years ago, Forbes reported. The company's value has now ...

Reading International Reports Third Quarter 2024 Results

With respect to our global real estate business: (i) our global real estate revenue decreased slightly by 3% to $4.9 million and (ii) global ...