Sales of commercial properties in Manhattan plummet

Investment in commercial properties in Manhattan plummeted during the second quarter of this year. Sales dropped 60%, to about $5.6 billion, according to The Wall Street Journal. The average number... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 17th, 2017

Manhattan landlord expands Long Island City portfolio

Himmel & Meringoff Properties is expanding its Long Island City office portfolio. The firm, which owns roughly 2 million square feet of commercial space in the city, acquired a six-story,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 15th, 2017

Sales Of Ultra-Luxury Homes In Greenwich Continue To Plummet

It used to be that low state income taxes and practically non-existent property taxes, at least compared the neighboring county of Westchester in New York, was more than enough to lure Manhattan's hedge fund billionaires out to Greenwich, CT. .....»»

Category: blogSource: zerohedgeJun 2nd, 2017

Pre-leased commercial space sales up 17 per cent in first quarter

Real estate investors are shifting to pre-leased commercial assets from residential properties.....»»

Category: topSource: business-standardApr 5th, 2017

Steady Pricing Gains Seen in Lower End of Market as Top-End Sales Slow

The first release of CoStar Commercial Repeat-Sale Indices (CCRSI) data for 2017 showed pricing of lower-priced CRE properties moving back into positive territory during January, helping offset an ong.....»»

Category: realestateSource: costarMar 2nd, 2017

Morning Roundup: Sedgwick County home value rose in 2016; Kansas tax collections beat February estimates by $37M

Sedgwick County h o me value rose in 2016 Fifty percent of Sedgwick County residential properties rose in appraised value last year. According to a Wichita Eagle report, the median home sales price jumped nearly $5,100. Commercial property value als.....»»

Category: topSource: bizjournalsMar 2nd, 2017

List Leaders: The biggest commercial property sales in 2016

For big commercial property sales, 2016 was another big year. In all, the year had three properties sell for more than $100 million and the No. 25 deal was almost $43 million. Regarding the top five, three of the properties are located in downtown Min.....»»

Category: topSource: bizjournalsFeb 24th, 2017

Ground wars: Surging property values are upending commercial landlords" ground leases

As the city's largest commercial landlord, SL Green is used to plunking down huge sums for prime Manhattan properties. It paid $2.3 billion in 2015 to purchase a Madison Square Park building that... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 1st, 2017

Selling points: SDG closes on Washington Heights building for $18M, CBRE team sells Newark office tower

SDG Management SDG closes on Washington Heights building for $18M SDG Management, a Manhattan-based commercial real estate management, sales and acquisition firm, has purchased a six-story building in Washington Heights for $18 million or $264 per square .....»»

Category: realestateSource: realestateweeklyDec 14th, 2016

U.S. home sales stumble as prices hit record high

WASHINGTON (Reuters) - U.S. home resales volumes fell more than expected in June as a dearth of properties pushed house prices to a record high......»»

Category: topSource: reuters2 min. ago

General Motors may eliminate up to six cars from lineup, report says

The news comes as sales of cars continue to plummet.         The news comes as sales of cars continue to plummet.        .....»»

Category: topSource: usatodayJul 22nd, 2017

ON THE SCENE: Commercial sales and exclusives under $10M

AGENTS TerraCRG has been tapped to sell 96 Ingraham Street, an industrial building in East Williamsburg, Brooklyn.....»»

Category: realestateSource: realestateweeklyJul 21st, 2017

WABCO Reports Q2 2017 Results; Continues to Strongly Outperform Global Commercial Vehicle Market; Raises Guidance for 2017

Q2 2017 sales of $795.0 million, up 8.6 percent from a year ago and up 10.4 percent in local currencies Q2 2017 reported operating margin of 13.6 percent versus 14.2 percent a year ago; performance Q2 2017 operating margin of 14.7 percent .....»»

Category: earningsSource: benzingaJul 20th, 2017

​Oahu luxury sales up nearly 20 percent in 2017

The number of homes sold at $1.5 million or higher decreased 16 percent in June, though sales were up 18 percent during the first half of 2017, according to a luxury Oahu housing report by Coldwell Banker Pacific Properties. During the first six .....»»

Category: topSource: bizjournalsJul 19th, 2017

Lodha Group sells properties worth Rs 2,300 cr in Q2

Sales have grown by about 70% from same quarter of last fiscal.....»»

Category: topSource: business-standardJul 19th, 2017

Automobile sales growing at snail"s pace in recent years: Siam data

Automobile sales are growing at the slowest pace in recent years. Nut due to three-wheelers or commercial vehicles but the motorcycle, biggest segment of the industry by volume.Sata from the Society of Indian Automobile Manufactur.....»»

Category: topSource: business-standardJul 19th, 2017

Dalian Wanda amends Sunac property deal after China curbs funding

BEIJING (Reuters) - Chinese commercial property conglomerate Dalian Wanda Group altered a deal with Sunac China announced a week ago, after banks scrutinized their credit risk, by bringing in another developer Guangzhou R&F Properties ......»»

Category: topSource: reutersJul 19th, 2017

Chinese money is "sorely needed" in Manhattan"s ailing commercial-property market

ReutersIn the second quarter in Manhattan, Chinese entities accounted for half of the commerci.....»»

Category: topSource: businessinsiderJul 18th, 2017

BS-IV, GST led to fall in Q1 commercial vehicle sales, says Icra

M&HCV (truck) and bus sales collapsed by 33% and 23%, respectively during the quarter, says Icra.....»»

Category: topSource: business-standardJul 17th, 2017

Behind The List: What"s shaking among commercial real estate brokerages

There were quite a few changes in this year’s commercial real estate brokerages list, which is ranked by total real estate sales volume in 2016. Those changes include six newcomers to this year’s list: Marcus & Millichap Real Estate Investment .....»»

Category: topSource: bizjournalsJul 14th, 2017

Berkshire Hathaway launches commercial real estate division

Berkshire Hathaway HomeServices New York Properties announced the launch of its commercial division. The full-service real estate brokerage has tapped industry veteran Herb M. Hirs.....»»

Category: realestateSource: realestateweeklyJul 12th, 2017