New York Building Sales Come Together

One individual is forging a path through the challenging landscape of today’s investment sales market, inspiring other commercial landlords to follow suit. Wharton Properties’ Jeff Sutton has recently achieved extraordinary success, amassing a staggering $1.8 billion from just three property transactions, all closed within a few weeks. If we include a fourth sale concluded in August, the total climbs closer to $2 billion. In a market that faced considerable turbulence in 2023, Sutton’s rapid success was a remarkable series of transactions that left many industry insiders astonished. For weeks after the sales, it remained a dominant topic of conversation among brokers and landlords in New York.

*Article courtesy Commerical Observer

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