There have been 136 transactions totaling $358 million filed in New York Metropolis data within the 24 hours earlier than 4 p.m. on Friday, Could 8, 2026.
🏆 Business: The highest business actual property transaction to hit data was in Chelsea, the place the Corlears Faculty bought its four-story, 19,800-square-foot property at 324 West fifteenth Avenue for $19 million because it shifts to specializing in early childhood schooling. The customer was a partnership led by Gabriel Saffayeh, Robert Saffayeh and Elie Fouerti, based on PincusCo. The deal breaks all the way down to about $960 per sq. foot.
🏆 Residential: The priciest dwelling sale was in Greenwich Village, the place a condominium at 130 West twelfth Avenue modified palms for $8.8 million. The vendor was Petri Haussila and the client was AMS1989 LLC. Haussila bought the unit in 2012 for $5.3 million. The unit spans about 2,400 sq. ft and has three bedrooms and three and a half bogs, based on a former itemizing for the unit. The newest deal, which breaks all the way down to about $3,700 per sq. foot, seems to have been off market.
📊 Residential: Matthew Goodman dropped $6.8 million on a rebuilt, four-story, 4,500-square-foot townhouse at 94 Douglass Avenue in Boerum Hill. The vendor, an organization managed by Omri Bar-Mashiah of Minerva Capital Holdings, bought the residence in 2021 for about $2 million. It has 5 bedrooms, 4 full bogs, three half baths, a personal rooftop deck, a terrace and a cellar. Nadia Bartolucci and Alex Tsao with Douglas Elliman had the itemizing. The house’s most up-to-date asking value was just below $7 million.
đź“Š Residential: Kelley Cornish bought a condominium at 720 West Finish Avenue on the Higher West Facet for just below $5 million. The residence, a sponsor unit, spans about 2,200 sq. ft and has three bedrooms and three and a half bogs. The sale works out to roughly $2,300 per sq. foot. Corcoran is advertising and marketing the property, which was developed by Glacier Equities and InterVest Capital Companions.
By the Numbers: Pandemic boom markets face a new affordability squeeze
Among the nation’s pandemic growth markets are getting hit from either side: dwelling costs are falling, however the cost of owning those homes retains climbing.Â
Final yr, the U.S. noticed record-high dwelling costs which have since begun to average, bringing the housing market extra into stability, based on some economists. However in elements of the Solar Belt, the place the pandemic-era shopping for frenzy despatched values hovering, owners are actually feeling one other delayed impact as native governments and insurers catch as much as these peak costs.Â
The affordability squeeze is extra obvious in Tampa, the place the median gross sales value fell almost 4 % yr over yr in 2025 to greater than $355,000, based on information from analysis agency Attom. That was the steepest annual drop among the many nation’s most populous metro areas. On the similar time, Tampa’s efficient tax fee soared 13 %, the ninth-highest enhance.
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