According to CommercialCafe -- a nationwide commercial real estate search website -- investment in the New York City office market dipped in 2016, as the total office sales volume in amounted to $21.1 billion. This dollar amount is a 7% decrease year-over-year, but the first downturn since 2012. Last year's sales volume alone is higher than the 2012-2015 average of $15.5 billion and double the $10.3 billion sales volume recorded in 2012.

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