From the March issue: Manhattan investment sales dipped slightly between December and January to $2.9 billion, but they remained higher than in any month since June, when buyers recorded $5.8 billion in commercial building sales, an analysis by The Real Deal of New York City property records showed.
The largest sale in January was the $1.04 billion purchase of a 95 percent stake in 60 Wall Street by the Singaporean sovereign wealth fund GIC, a review of Real Capital Analytics showed.
In Brooklyn, investment sales declined sharply between December and January.
The $377 million recorded was the second-lowest amount in the past 12 months.
