February 1, 2016 | The Real Deal | Mark Maurer
New York City had a stellar year in 2015 for building sales — with massive properties like Stuyvesant Town-Peter Cooper Village and 11 Madison trading hands. But while it’s the buyers and sellers who normally make headlines, the brokers on those deals made out pretty well, too.
This month, The Real Deal ranked the top 30 investment sales brokerages for 2015 citywide and by borough.
What we found was that Eastdil Secured not only bested all other firms but also set a city record — $22.7 billion — for the most-ever closed sales in a year by a single brokerage.
The company was miles ahead of its rivals. The other firms in the top five were: CBRE with $8.8 billion, Cushman & Wakefield with $3.4 billion, Rosewood Realty Group with $3.2 billion and JLL and HFF tied with $2.9 billion.
The ranking — which included closed investment sales of $1 million and up, ground leases and leasehold interests — was culled from Real Capital Analytics and CoStar Group, as well as from the firms. Minority-stake deals were not included because they are not generally publicly recorded.
In the years since the mid-2000s boom, the neck-and-neck rivalry between Eastdil and its closest competitor, CBRE, has softened. The two firms are further apart in terms of dollar volume now more than ever...
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Agents: Robert Knakal