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forbes.com
🌐 85% Global Worthiness
NYC Investment Sales Soar 26% in 2024 to $28 Billion
New York City's 2024 investment sales totaled over $28 billion, a 26% increase from 2023, driven by a 63% surge in office sales to $5.4 billion and a 53% rise in development sales to $5.5 billion, largely due to office-to-residential conversions spurred by new housing policies.
NYC Investment Sales Soar 26% in 2024 to $28 Billion
New York City's 2024 investment sales totaled over $28 billion, a 26% increase from 2023, driven by a 63% surge in office sales to $5.4 billion and a 53% rise in development sales to $5.5 billion, largely due to office-to-residential conversions spurred by new housing policies.
Progress
44% Bias Score
Sustainable Cities and Communities
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