Office sales in the Big Apple last year hit $4.5 billion, according to a new report from Property Shark. That was roughly a 67 percent increase over the transaction volume in 2023.
But some of the biggest sales happened at significant discounts.Property Shark tallied the deals that saw the biggest losses, and the building with the largest discount, 1740 Broadway, sold for some $415 million shy of its acquisition price.
The buildings on the top 10 list below are all located below 60th Street and are focused mainly in the Theatre District-Times Square and the Financial District.
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