Second Half 2017 NYC Investment Sales Report

Citywide Investment Sales activity retreated in the second half of 2017. The total consideration, or total monetary value for all recorded sales, was $17 billion citywide, a 37 percent decline compared to the second half of 2016. The total number of transactions was 2,334, a 19 percent drop compared to the second half of 2016. The total consideration for the investment sales market in each borough decreased except for the Bronx.