First Half 2017 NYC Investment Sales Report

Citywide Investment Sales activity slowed markedly in the first half of 2017 compared to the first half of 2016. The total consideration, or total monetary value for recorded transactions, declined 39 percent to $18.0 billion in the first half of 2017. The total number of transactions declined six percent to 2,419 in the first half of 2017, a short cry from the 2,581 transactions that occurred in the first half of 2016.