🏆 Residential: The best record-setting home sales were on the Upper West Side. Gary Barnett’s Extell development company sold up another sponsorship unit in its ultra-luxury tower West66estraat 50 for $18.1 million. The buyer was Rise Park LLC. The 2,800-square-foot pad has three bedrooms and three and a half baths. Sales work out to about $6,500 per square foot.
🏆 Commercial: The most important commercial deal recorded in the Big Apple took place in the Bronx, where the City of New York has unloaded his golf course grounds Hutchinson River Parkway Unpleasant Bally’s for $156.6 million. On the site, Bally wants to build a casino with 3,500 slot machines and 250 table games, a hotel with 500 keys and an entertainment venue with 2,000 seats. The New York Gaming Commission late last year gave Bally’s permission to build a casino with two others, Steve Cohen’s Metropolitan Park and Resorts World.
📊 Commercial: In Washington Heights, a 19-story, 138-unit apartment building Riverside Road 1384 traded along the Hudson River for just over $24 million. The buyer was an LLC associated with it David BrecherCEO of FM Home Loans. The seller, an LLC affiliated with Vincent Garrowbought the property in the 1970s.
📊 Commercial: A development site of 0.4 hectares 1038 45th road sold in Long Island City for $15 million. The seller was RD managementand the buyer was George Xu’s Century Development Group. The vacant lot falls within a newly rezoned portion of the neighborhood that covers 54 blocks, the city said mentionwhich was held by Greiner-Maltz real estate.
📊 Residential: Financier George Raffini and his wife, Patricia Raffiniseparated with a cooperative 45 East 66th Street in Lenox Hill for about $9.9 million, the most recent asking price. The buyers were John and Madeline Hooper. The Raffinis have owned the unit since 2012, when they paid $6.3 million for it. The pad has four bedrooms and three and a half bathrooms. It also has a staff room and views of Central Park. Amanda Jordan at Sotheby’s International Realty had the listing, and Fritzi Kallop with Brown Harris, Stevens brought the buyers.
📊 Residential: In Park Slope, a 20-foot-wide mansion President Street 839 changed hands for $9.5 million. The seller was an LLC linked to David Slaven and a trust was attached to the buyer Jennifer Kurtz. The property, which last sold in 2024 for $4 million, has six bedrooms, four bathrooms and three powder rooms. It went on sale in September for $10.9 million. Douglas Elliman Nadia Bartolucci And Brandon Moore represented the seller.
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