🏆 Residential: The most significant residential transactions in New York City took place on the Upper West Side. A sponsor unit Extell Development Company’s 50 West 66th Street traded for $44.9 million. The buyer was Pipedream66 LLC. The nearly 7,000-square-foot pad has five bedrooms, five bathrooms and two half-baths. The deal works out to more than $6,400 per square foot.
🏆 Commercial: Astoria had the largest commercial transaction in the Big Apple. An LLC managed by Maria Visas has completed a one-story, 10,700-square-foot retail building Hoofdstraat 9-20 for just under $8 million. The buyer was an LLC managed by Xiaoping Chang. The property appears to have been in the hands of the Vissas family for at least twenty years.
📊 Residential: There is a cooperative located on the Upper East Side 1020 Fifth Avenue traded for $8 million. The seller was the estate of Christiane MacArthurwife of J. Roderick MacArthur, a Chicago businessman and philanthropist who died in 1984. The buyer was Laurie Doane Kefalidiswidow of the founder of KLM Bouw (now KLM Aandelen). The 3,500-square-foot house has nine rooms and views of Central Park and the Metropolitan Museum of Art. It had been on and off the market since at least 2021, when the asking price was $14 million. Brown Harris Stevens’ Mike Lubin represented the seller.
📊 Residential: Marie and Nicolas Geiger – he serves on the board of directors of L’Occitane Group – bought a 3,600-square-foot duplex at 1 Lexington Avenue in Gramercy Park for $5.9 million. The seller was the estate of James Benenson Jr. The apartment has five bedrooms and four bathrooms. It hit the market in July 2024 with an asking price of $7.5 million. Douglas Elliman Nadia Bartolucci And Alyssa Rainford had the mention.
📊 Residential area: Rachel and Glenn Greenberg bought a cooperative from the estate of Robert B. W. MacNeila journalist who co-founded the predecessor to PBS News Hour, for just under $5 million West77estraat 44 on the Upper West Side. The three-bedroom unit spans 2,700 square feet and costs approximately $1,900 per square foot. The house went on the market in March with an asking price of $5.5 million. Brown Harris Stevens’ Stacey Dolan And Leslie O’Shea had the mention.
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