Building sales on pace for record

Manhattan building sales in the first half of 2007 totaled $34.1 billion, an 83 percent increase over the first half of last year, according to a report by Cushman & Wakefield. By comparison, 2006 saw a record $34.7 billion in sales closed for the entire year. Downtown alone saw more than $2.3 billion worth of office building sales in the first half of 2007, up from $647 million in the first half of 2006. more [Crain’s]

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