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Real Estate Briefing - Categorized | Commercial property Watch, Performance more

Manhattan commercial-property deals reached record in ’12

Posted on 23 January 2013

Manhattan had a record number of commercial real estate sales last year as landlords rushed to complete deals before an expected tax increase, according to Massey Knakal Realty Services.
Transactions totaled 1,148 for the area south of 96th Street on the east side and below 110th Street on the west side, the New York-based brokerage said in a report today. That represents about 4.2 percent of the area’s properties, the most since Massey Knakal began keeping records in 1984………………………………………..Full Article: Source


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