Twitter LinkedIn Facebook NYC office investment sales rise by Andrea Zander Office property sales during the first seven months of the year totaled $11.6 billion, a 46 percent increase compared to the first seven months of 2017, according to Savills in its New York City office sector third quarter 2018 report. Recent NYC office transactions covered by IREN include: Korean investor buys NYC office for $195m Normandy, L&L and J.P. Morgan JV closes $880m acquisition of Terminal Stores in West Chelsea Fosun selling stake in Manhattan office tower BNY Mellon pays $352m for land beneath Manhattan office building Midtown Manhattan tower on the market with $1.3b price Rockpoint, Highgate to sell Meatpacking office development for $350m Savanna JV sells newly constructed Chelsea office for $257m Brookfield sells stake in NYC office portfolio for $1.8b
