There have been 187 transactions totaling $253 million filed in New York Metropolis information within the 24 hours earlier than 4 p.m. on Tuesday, June 16.
🏆 Business: The priciest industrial transaction to hit information was on Staten Island, the place a vacant lot at 191 Canal Road traded for $10.5 million. The parcel measures 0.9 acres. The vendor was an organization managed by Nazim Bashirov of United Land Realty, and the customer was an organization tied to Sheldon Perl.
🏆 Residential: Lenox Hill recorded the highest house sale within the metropolis. A belief dropped $16.5 million on a townhouse at 116 East 65th Street, which as soon as belonged to Ghislaine Maxwell, the previous socialite who’s serving a 20-year jail sentence for conspiring with financier Jeffrey Epstein to sexually abuse kids. The vendor within the newest deal was AstraNYC LLC, which bought the property in 2022 for $16 million. The five-story property dates to 1910 and measures 7,000 sq. toes.
📊Residential: Insurance coverage government Justin Foa paid just below $10 million for a 5,000-square-foot condominium at 900 Park Avenue on the Higher East Aspect. The sellers had been Carl and Dalia Cunow. Carl Cunow based clothes firm the Onia Group and Dalia Cunow is an inside designer. The unit has 4 bedrooms and 7 loos. It went available on the market in September for $11.9 million.
📊Residential: Alexandra Cooley, CEO of Nuveen Inexperienced Capital, bought a co-op at 36 East 72nd Road in Lenox Hill for $7.8 million. The vendor was a belief tied to late Wall Road government Charles Mott.
📊Business: An organization managed by developer David Halberstam bought a townhouse, at the moment configured as a household workplace/monetary agency however to be delivered vacant, at 115 East 69th Road in Lenox Hill. The property spans roughly 10,000 sq. toes and has 27 rooms throughout 5 tales and a basement. Marcus & Millichap’s John Stewart represented the vendor, Landmark Administration. The property went available on the market a yr in the past, with an asking worth of $11.5 million.
By the Numbers: DOGE promised lease cuts. The federal rent bill barely budged.
Final yr, the Trump administration made slashing the federal authorities’s office footprint a centerpiece of its cost-cutting marketing campaign.
However the financial savings have but to indicate up within the authorities’s lease invoice.
A brand new TRD Information evaluation of U.S. Basic Providers Administration information discovered that the federal authorities’s annual lease obligations had been primarily unchanged by Could, regardless of a whole bunch of lease terminations touted by the Division of Authorities Effectivity, or DOGE.
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