There have been 174 transactions totaling $452 million filed in New York Metropolis data within the 24 hours earlier than 4 p.m. on Thursday, March 5, 2026.
🏆 Residential: The priciest dwelling sale to hit data was on the Higher West Facet, the place trusts tied to Arnold Chavkin, a personal fairness govt, and Laura Chavkin picked up a co-op at 147 Central Park West for $14.7 million. The vendor was a belief linked to Brett Milgrim, additionally a personal fairness govt, who bought the unit in 2016 for $21.5 million. The unit has three bedrooms, 4 and a half baths and a personal elevator touchdown.
🏆 Business: The highest business deal recorded was in Flushing, the place the Union Plaza Care Heart, a talented nursing and rehabilitation heart inbuilt 1996, at 33-23 Union Avenue traded for $75 million. The vendor of the nine-story, 146,000-square-foot property was an affiliate of Marx Growth Group, and the customer was an organization tied to nursing dwelling proprietor Joel Leifer.
📊 Business: In Cobble Hill, a 20–story, mixed-use constructing at 350 Hicks Avenue modified palms for $33.2 million, an almost $20 million loss in comparison with its prior commerce value. The vendor was an LLC tied to Madison Realty Capital, which acquired the 48-apartment, 146,000-square-foot complicated in 2022 for $53. The customer within the newest deal was an LLC tied to Linzhong Zhuo.
📊 Residential: Legal professional Timothy Graulich and Mindy Graulich bought John Steinbeck’s townhouse at 330 East 51st Avenue in Turtle Bay for $6.85 million. The sellers had been Drs. Steven and Heidi Mandel. One other vendor was the entity 350 E 51 Realty LLC, which paid $7.9 million for the property in 2007. The five-bedroom residence measures 6,300 sq. ft. It went in the marketplace in September, with an asking value of $6.99 million. Douglas Elliman’s Ann Marie Folan, Jeremy Drucker and Claudia Hason had the itemizing.
By the Numbers: Mortgage applications jump as rates dip below 6%
Residential mortgage exercise continued its upward climb final week, as borrowing prices dipped below the 6-percent threshold for the primary time in practically 4 years and debtors took benefit of the fleeting window of alternative.
There was a 12.1 p.c weekly bounce in new mortgage purposes throughout the board, in accordance with the newest survey from the Mortgage Bankers Affiliation, which checked out mortgage exercise for the week ending Feb. 27. The variety of purposes additionally was up 23.1 p.c from 4 weeks prior and a hanging 53.1 p.c yr over yr.
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