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New York City investment sales in July 2019

2 monthes ago   |   By The Real Deal New York

INVESTMENT SALES IN MANHATTAN AND BROOKLYN Manhattan investment sales slowed in July with $2.06 billion in deals recorded, a 41 percent drop from June and 17 percent below the 12-month average. The largest deal went to California-based DivcoWest Real Estate Investments, which paid Boston Properties $310 million for 540 Madison Avenue, Divco's second NYC office building. The Brooklyn market, meanwhile, continued to improve with $636 million in deals recorded, up 29 percent from June and...
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