4Q records show only two Manhattan building sales over $90M

December 03, 2008 11:32AM

Only two Manhattan building transactions worth over $90
million have taken place so far this quarter. In October, Lloyd Goldman
purchased 1372 Broadway, between 37th and 38th streets, for $274 million. Private-equity firm Brickman
purchased 95 Morton Street, at Greenwich Street, last week for $96.5 million. According to Real
Capital Analytics, only nine office space transactions over $2.5 million have
occurred this quarter. There were 41 such transactions in the fourth quarter
last year.

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