The Real Deal New York

The office building comeback: Commercial buildings dominate 2013’s top 10 investment sales list

Plus a look at last year’s biggest partial stake sales and offices leases in Manhattan

January 09, 2014 10:30AM
By Katherine Clarke

From left:

From left: the Time Warner Center, Stephen Ross of Related, 650 Madison Avenue and Vornado’s Steven Roth

From the January issue: Increased availability of debt and an uptick in office rents drove demand for large Manhattan office towers in 2013. The top 10 priciest building sales of the year included nine office buildings — a threefold increase over the three office towers that cracked the top 10 list in 2012. [more]

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