Stacking up sales brokers: a ranking of NYC’s investment firms

Commercial firms that targeted midsize trades surged as bigger brokerages stalled

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From the March issue: This is the first installment of reporter Adam Pincus’ five-part online and print series examining the top moneymakers of commercial brokerage in 2012.

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Commercial property sales in New York City surged in 2012, boosting transaction volume and revenue for most, but not all, of the city’s investment brokerage firms. Buyers spent $39.1 billion purchasing commercial real estate in New York City last year, according to figures from Massey Knakal Realty Services. [more]