New York City-The investment sales market slowed down in the third quarter after a robust second quarter, with sales volume slipping to $7.5 billion from more than $9 billion, according to a new report from Eastern Consolidated.

Another noteworthy change was a positive one: office property sales had a strong showing, with the sale of three buildings—100 Broadway, 180 Water St. and 5 Hanover Square—compared to only one in the past 12 months. But hotel sales were lackluster: only one property traded hands in the quarter, compared to the more typical five or six transactions in a quarter.

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