First Half 2016 NYC Investment Sales Report

The New York City investment sales market observed a moderate drop in both total consideration (monetary value for completed transactions) and number of transactions in the first half of 2016 compared to the first half of 2015. This dip countered activity that occurred in the first half of 2015, which posted the largest total consideration and greatest number of transactions year-over-year since the Real Estate Board of New York (REBNY) began tracking activity in the first half of 2014.