The Real Deal New York

The NYC players who timed the market best

Ranking the investors who got in low and got out high

February 15, 2016 11:45AM
By Mark Maurer

Left to right: 11 Madison, The Helmsley Building, Lotte New York Palace Hotel and 86 Trinity Place

Left to right: 11 Madison, the Helmsley Building and the Lotte New York Palace Hotel

From the February issue: Every real estate investor’s dream is to buy low and sell high. But actually executing that strategy is not as easy as it sounds.

This month, as many in the industry are expressing concern about a possible downshift in the market, The Real Deal set out to find out who’s timed this economic cycle best — so far.

To do that, we analyzed 2015’s building sales above $50 million, but we only included buildings that the seller bought at some point since Jan. 1, 2010, when the market was still in the beginning of its recovery. Then we broke the deals down by both gross profit and percentage increase. [more]