4Q records show only two Manhattan building sales over $90M
The Real Deal reports: Only two Manhattan building transactions worth over $90 million have taken place so far this quarter. In October, Lloyd Goldman purchased 1372 Broadway, between 37th and 38th streets, for $274 million. Private-equity firm Brickman purchased 95 Morton Street, at Greenwich Street, last week for $96.5 million. According to Real Capital Analytics, only nine office space transactions over $2.5 million have occurred this quarter. There were 41 such transactions in the fourth quarter last year.
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Posted by: Nina Turner