Through periodically released market reports, our investment research professionals strive to provide our sales staff, clients and industry leaders with the latest market information. By keeping data at the heart of our platform, we are committed to ensuring that our clients have the right set of facts about market trends and economic indicators when making important investment decisions.
Our team has developed a proprietary database to track, monitor and store every piece of market information that crosses our desk. As a result, we have centralized the relevant data and use it to generate real time market reports and analyses for our customers and clients.
Our research professionals also produce popular New York City multifamily market reports on a monthly and quarterly basis. Browse the tabs below to learn more about activity and trends in the broader metropolitan area as well as individual boroughs.
For the month, New York City saw 66 transactions comprised of 112 buildings totaling $783.379 million in gross consideration. This represents a 43% increase in transaction volume, a 29% increase in dollar volume and an 8% increase in building volume compared to April 2014, which saw 46 transactions comprised of 104 buildings totaling $607.866 million in gross consideration. All submarkets covered saw year-over-year gains in transaction volume, while four out of five submarkets saw dollar volume increase year-over-year.