There have been 209 transactions totaling $365 million recorded in New York Metropolis within the 24 hours earlier than 4 p.m. on Friday, Nov. 14, 2025.
🏆 Residential: The highest residential transaction recorded in New York Metropolis was in Nomad. A belief dropped $9.6 million on a penthouse at 30 East twenty ninth Avenue. The vendor, KFO Property NYC GMBH, had owned the condominium since 2023, when the entity bought the pad for $12.7 million. The unit, a duplex, spans 2,600 sq. toes and has three bedrooms and three bogs. It additionally has two fireplaces and greater than 600 sq. toes of outside house. The vendor put the residence in the marketplace in February 2024, searching for $13.2 million.
🏆 Business: Flushing had the priciest recorded industrial transaction within the Large Apple, with the sale of what seems to be a part of a mixed-use complicated at 131-02 fortieth Highway for $32 million. The vendor was Jade Century Properties and the customer was Tetra Enclosure.
📊 Business: In Bay Ridge, a former Century 21 retailer and parking storage spanning almost 187,000 sq. toes at 423 88th Avenue offered for $28 million. The vendor was the true property arm of the Gindi household, which based the low cost retailer. The client was the Abed household. A JLL Capital Markets workforce of Ethan Stanton, Jeffrey Julien, Brendan Maddigan and Michael Mazzara represented the vendor, and Specialised Realty Group’s Michael Feratovic represented the customer.
đź“Š Residential: On the Higher East Aspect, Isis and Christopher Louw — he’s a financier — dropped $9.4 million on a full-floor sponsor unit at 201 East 74th Avenue, which was developed by Elad Group. The three,800-square-foot unit has 5 bedrooms and 4 and a half bogs. Its most up-to-date asking value was just below $10 million. Douglas Elliman’s Barbara Russo, Danielle Englebardt, Elena Sarkissian and Christopher Salierno had the itemizing.
📊 Residential: Developer Stephen Ross offered his condominium at Superior Ink at 400 West twelfth Avenue for $6.6 million. Ross is the founding father of Associated Corporations, which developed the West Village constructing within the early 2000s. He was searching for just below $7 million for the 1,900-square-foot pad. Compass’ Stephen Ferrara and Clayton Orrigo had the itemizing for the two-bedroom unit.
By the Numbers: FARE Act’s first year — which borough saw the greatest rent spike?
Within the 12 months for the reason that New York Metropolis Council adopted laws that altered how brokers bought paid, one borough stood out with the starkest change in hire.
Adopted on Nov. 13, 2024, the Equity in Condo Rental Bills (FARE) Act mandates that whoever hires a rental dealer is chargeable for paying the dealer. Opponents of the laws predicted it could set off rents to extend as landlords labored to fold these charges into rents.
Citywide, the median hire grew by 8.2 p.c in October in comparison with the identical time final 12 months, and the median hire in every borough additionally elevated, based on an evaluation by The Actual Deal of rental knowledge from listings platform StreetEasy.
However Staten Island’s median hire grew essentially the most, surging by 16.4 p.c 12 months over 12 months in October to $3,200 a month, per TRD’s evaluation.
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