There have been 179 transactions totaling $486 million recorded in New York Metropolis within the 24 hours earlier than 4 p.m. on Tuesday, Dec. 16.
🏆 Residential: The highest house sale recorded in New York Metropolis was on the Higher West Facet. Alex Lasry, CEO of the host committee for subsequent yr’s FIFA World Cup and son of billionaire Marc Lasry, bought a penthouse at 535 West Finish Avenue for $20.7 million, or roughly $2,500 per sq. foot. The vendor was a belief tied to Tamar Wolchok and Simona Ganz, daughters of the late Slim-Quick mogul S. Daniel Abraham. The condominium has six bedrooms and 6 loos and went on sale in January with an asking worth of $26 million. It has a workers room, personal elevator touchdown and rooftop terrace. Corcoran’s Steven Cohen represented the vendor.
🏆 Industrial: The highest recorded industrial transaction was in Occasions Sq.. Tishman Realty Corp. and Metlife Funding Administration offloaded the 450,000-square-foot InterContinental New York Occasions Sq. resort at 300 West 44th Street for $230 million. The customer was a three way partnership between Highgate, Gencom and Argent Ventures. The resort stands 36 tales tall and opened in 2010. Eastdil Secured represented the vendor and organized the debt — a $190 million mortgage from Monroe Capital.
📊 Industrial: In Carnegie Hill, six industrial condos at 141 East 88th Street, often known as the Philip Home, offered for $13 million. The vendor was an LLC managed by Michael Aryeh, and the client was Philip Home Retail LLC. The items had beforehand been owned by Ben Ashkenazy, who bought them for $17 million in 2014. The Aryeh-managed entity took over the mortgage on the items in 2022 and finally the deed final yr amid a foreclosures case.
📊 Residential: At 15 Central Park West, Kathryn Olson Greenberg dropped just below $20 million on a condominium and a studio suite. Greenberg was an legal professional and is the widow of Alan Greenberg, former head of Bear Stearns. The vendor was Justin Metz, managing principal of Associated Fund Administration, who bought the three,500-square-foot, four-bedroom condominium in 2008 for $5.7 million after which the suite a couple of years later for about $905,000. The condominium hit the market in 2022 for $23 million, and the vendor was in search of an extra $1.7 million for the suite. Compass’ Kyle Blackmon had the itemizing.
📊 Residential: Extell Growth Firm offered one other sponsor unit at 50 West 66th Avenue on the Higher West Facet. A belief bought unit 7F for $8.4 million. The unit spans about 2,900 sq. ft and has three bedrooms and three and a half baths. The transaction works out to about $2,900 per sq. foot.
If you happen to like this digest, you may get it even earlier — each night — by subscribing to TRD Knowledge, here.
