X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Manhattan, NYC.

NEW YORK CITY –The New York City investment sales market wrapped up unexpectedly as the industry was teetering that 2020 could see an economic slowdown. But that isn’t the case with the fourth quarter of 2019 ending on a strong note with a boost in dollar volume from office transactions, ground lease transactions, steady, low-interest rates, rapid leasing from tech tenants and a surfeit amount of capital on the sidelines, according to the Avison Young team at their press breakfast held at the Rainbow Room in 30 Rockefeller Center.

Mariah Brown

Mariah Brown is a reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.