Investment
New York City Spotlight: Going Up
(office transactions by quarter, 2012-2013)
New York City Spotlight: Leading the Market
(top 10 commercial transactions in fourth quarter 2013)
Annual Increase?
(commercial lis pendens) By Laura Gatea There were 662 commercial lis pendens in New York City in the third quarter of 2013, 3 percent more than the number recorded for the same quarter in 2012 but 7 percent lower than the previous quarter. Brooklyn compiled 53 percent of the total commercial lis pendens activity in the city in the third quarter, although the total number was down 3 percent from the second quarter. Manhattan recorded 76 such proceedings in the third quarter, 17 percent more than a year ago and 12 percent less than in the previous quarter. Lis pendens…
New York City Spotlight: Paying Up
By Laura Gatea Commercial lis pendens in New York City reached a five-year low in the first quarter of 2013, dropping by 25 percent from the previous quarter and by 46 percent from the peak, recorded in the second quarter of 2009. Brooklyn compiled 51 percent of the total commercial lis pendens activity in the city; however, the current number is down 27 percent from the fourth quarter of 2012 and 39 percent year over year. Manhattan followed the overall trend of the city, with commercial lis pendens down by 65 percent from the highest value, which was recorded in…