Just call it Alphabet Alley. Google, whose parent company is now named Alphabet, is buying everyone’s favorite Chelsea Market from Jamestown for a price that sources say will hit — if not top — an astounding $2.5 billion. At that altitude, the deal will become the second-largest full single-asset sale ever in the Big Apple. The $2.8 billion sale of the GM Building in 2007 is No. 1. Google previously bought 111 Eighth Ave. in...Read More
October 21, 2017
New York, London and Dallas are World’s Most ‘Liquid’ Markets in 2017 According to CBRE, Tokyo, New York and Los Angeles are the world’s largest commercial real estate investment markets, with the global stock of investable commercial real estate assets standing at $27.5 trillion. CBRE examined the relationship between city market size and capital flows into real estate for 122 cities around the world.