The week in real estate market reports

A weekly feature bringing you the industry’s latest intel

New York /
Feb.February 17, 2016 03:20 PM

In the world of real estate market reports, Manhattan investment sales volume hit $50.2 billon in 2015 and the average sales price for condominiums and co-ops dipped slightly in January.

Residential

February 2016 Manhattan residential sales: CityRealty

The average sales price for condo and co-ops fell to $2.1 million in the final month of 2015 as the number of sales rose to 1,020 units. Read the full report here.

February 2016 national rents: Zumper

Average rent for one-bedroom New York City apartments remains up 7.3 percent over last year, but dropped to $3,220 in January from the prior month. Read the full report here.

Manhattan luxury sales February 8-12: Olshan Realty

Manhattan luxury sales picked up during the first week of February, with 21 contracts signed for apartments priced $4 million and above. Read the full report here.

Commercial

2015 Manhattan property investment sales: Ariel Property Advisors

Manhattan investment property sales reached $50.2 billion in 2015, a 56 percent jump from the previous year. Sales in Midtown East accounted for more than half of the city’s total dollar volume. Read the full report here.

Market volatility and the effect on U.S. commercial real estate: Savills Studley

The U.S. commercial real estate market could for a boost from recent tax legislation and a strengthening dollar is bringing in more international investors. Read the full report here.

To view more market reports, check out the new TRData page.


Related Articles

arrow_forward_ios
NYC’s office sublease surge slows as tenants move to reoccupy space
NYC’s office sublease surge slows as tenants move to reoccupy space
NYC’s office sublease surge slows as tenants move to reoccupy space
The Roger New York hotel at 131 Madison Avenue, Larry Korman of AKA Hotel Residences and Joe Lubeck of Electra America (Google Maps, Getty, Electra)
Electra America JV nabs Roger hotel for $71M discount
Electra America JV nabs Roger hotel for $71M discount
Oceanwide’s US business is sinking. Can it right the ship?
Oceanwide’s US business is sinking. Can it right the ship?
Oceanwide’s US business is sinking. Can it right the ship?
Demir Sabanci and 41-47 West 57th Street (Sedesco, Google Maps)
Sedesco seeks rezoning for new Billionaires’ Row skyscraper
Sedesco seeks rezoning for new Billionaires’ Row skyscraper
From left: Alvin Dworman, 155 East 55th Street, 65 West 55th Street, and 210 East 58th Street (Getty, Google Maps)
Alvin Dworman Sells 3 Manhattan Buildings for $65M
Alvin Dworman Sells 3 Manhattan Buildings for $65M
Anita Durst and images of Chashama (Photos via Getty, Chashama)
Durst-backed nonprofit puts startups into empty storefronts
Durst-backed nonprofit puts startups into empty storefronts
Berkshire Bank headquarters in 4 East 39th Street (Google Maps)
Major FiDi landlord resigns as bank chairman after stock windfall
Major FiDi landlord resigns as bank chairman after stock windfall
Nationally, just under one-third of office workers have returned to the office spaces they occupied before the pandemic. (iStock)
Employers face uphill battle luring staff back to the office
Employers face uphill battle luring staff back to the office
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...