There have been 110 transactions totaling $377 million filed in New York Metropolis information within the 24 hours earlier than 4 p.m. on Thursday, April 30, 2026.
🏆 Industrial: The highest business actual property sale to hit information was in Turtle Bay, the place Hikari Energy Z Co. bought an condominium constructing at 246 East 53rd Avenue for $15.2 million. The sellers have been entities linked to Parke Leatherman and Jody Kriss, who had acquired the 12,900-square-foot property in February 2025 for $8.1 million. It stands six tales tall and has 20 residences.
🏆 Residential: Lincoln Sq. was dwelling to the highest residential deal recorded within the Massive Apple. A belief scooped up a penthouse at 1 Central Park West for $15.1 million. The vendor was Unit 48A CPW LLC, which paid $21.9 million for the 4,500-square-foot pad in 2013. The most recent sale works out to about $3,400 per sq. foot.
📊 Residential: A belief bought a newly constructed apartment at Madison Realty Capital’s 16 Fifth Avenue in Greenwich Village for $14.5 million. The three,700-square-foot unit has three bedrooms and 4 and a half loos. Corcoran’s Ryan Kaplan and Tara King-Brown had the itemizing, which went reside in November with an asking worth of $15 million.
📊 Residential: Shawn Pheng Keong Ng and Sze Ying Felicity Tan parted with a apartment at 90 East Finish Avenue in Yorkville for $5.8 million. The consumers have been David and Leah Casto. The sellers had bought the three,700-square-foot residence in 2020 for $4.8 million.
📊 Industrial: A four-story, 4,200-square-foot mixed-use property at 280 Bleecker Avenue within the West Village offered for $9.3 million. The vendor was an LLC tied to New York-based RYCO Capital, which paid $4.8 million for the property 5 years in the past. The customer within the newest deal was an LLC managed by Stella Repapinos-Sklias. The constructing has three residences above ground-floor retail.
By the Numbers: NYC’s pied-à-terre tax sounds simple. The math isn’t, comptroller report finds
If there’s one factor the proposed tax on high-end second houses in New York Metropolis makes clear, it’s this: defining what — and who — to tax is something however easy.
Gov. Kathy Hochul introduced the so-called pied-à-terre tax on second houses value $5 million and up weeks in the past, pitching it as a manner to make sure “the individuals who name [New York] dwelling,” aren’t left carrying the burden alone. Hochul has mentioned the tax might generate $500 million to assist shut town’s $5.4 billion price range hole. The concept, backed by Mayor Zohran Mamdani, shortly drew pushback from the actual property trade.
A brand new evaluation from town’s comptroller estimates the tax might apply to greater than 11,200 properties and generate roughly that quantity yearly.
However these figures depend upon assumptions which can be troublesome to standardize — and that would materially have an effect on how a lot income the tax in the end generates.
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