2019 turned into a pretty good year for New York City’s investment sales sector. Rising rents stoked investors appetite not only in Manhattan, but in Brooklyn, Queens and the Bronx.
And tech giants Amazon, Google and Facebook continue to expand their presence in the city, signaling to investors that the industry is thriving in the Big Apple.
Manhattan remains king when it comes to major office sales in New York City. 40 out of the 50 office deals on our list closed in Manhattan, for a combined dollar volume of $9.25 billion.