Research Center
Summer Slump
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Rents Remain Stable Despite Seasonal Slowdown
Yardi Matrix’s monthly rent report revealed continued strength in the multifamily sector.
Matrix Monthly: Multifamily Rents Hold Steady in November
Rents dip slightly nationwide, consistent with normal seasonal flattening.
CBRE Recognized for Transparency about Carbon, Energy
CDP has recognized CBRE Group for its perfect score in climate change transparency, marking the group’s highest score to date.
Manhattan Office Building Commands $115M
The Lower Manhattan building was considered one of the most modern in the area in its heyday in 1901, and a joint venture plans to restore its former glory.
Trading Spaces
The numbers are in and September registered some important commercial real estate deals. PropertyShark research shows the nine figure deals were based in Manhattan, outside of the Citibank Tower in Queens, but Brooklyn boasted some hot transactions as well. Here are NYC’s top 10 commercial real estate deals recorded in September 2015. #1 575-589 Lexington Avenue, Manhattan Sale Price: $510,000,000 Buyer: Angelo Gordon & Co Lp Seller: Normandy Real Estate Partners Midtown-based investment firm, Angelo Gordon & Co closed on 575 Lex, a 624,883 SF, 35 story office tower in late August. The building, built in 1958, offers 38…
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