🏆 Residential: A Billionaires’ Row apartment once again took the top spot among the city’s recorded home sales on Thursday, November 13. Blue 50 West 48S LLC dropped just under $23.5 million on a sponsorship unit Extell Development Company’s 50 West 66th Street at Lincoln Square. The unit has four bedrooms and four and a half baths. It covers about 3,500 square feet and costs about $6,700 per square foot.
🏆 Commercial: The most important commercial deal was in Dumbo. Up a rental building Voorstraat 177 traded for $85 million. The seller was a subsidiary of the Carlyle Group and the buyer was an LLC associated with it HUB NYCled by John McCarthy. JLL Real Estate Capital took out a $43.3 million mortgage on the property, which is 12 stories high and has 105 apartments. It also has shops on the ground floor. Carlyle partnered with Megalith Capital Management and Urban Realty Partners to develop the previously vacant property in 2014. The project opened in 2018.
📊 Residential: Another apartment Extell’s 50 West 66th Street sold for $23.2 million. The buyer was Pacific Streamlet LLC. The four-bedroom sponsor unit has four and a half bathrooms. At 3,400 square feet, the price per square foot of the apartment came to approximately $6,800 per square foot.
📊 Residential: Guillaume and Anne Bebear – he is a senior director at Center Partners Management – also bought an apartment Extell’s 50 West 66th Streetfor $18.1 million. The three-bedroom unit has three and a half baths in approximately 2,800 square feet. The transaction works out to approximately $6,500 per square foot.
📊 Residential: A sponsorship unit at the Dajia USA-developed Waldorf Astoria Residences in Parklaan 301 in Midtown changed hands for $5.6 million. The buyer was an LLC managed by Alexander Rojas. The 1,600-square-foot unit has two bedrooms and two and a half baths. It hit the market in February, with an asking price of $6 million. Douglas Elliman Loretta Shanahan, Kai Wong And Jade Chan had the mention.
📊 Commercial: In Astoria, a 30,000-square-foot retail property, home to a Rite Aid pharmacy, on 33-01 30th Ave traded for $10 million. The seller was 3301 Properties LLCwhich had owned the building since the late 1990s. The buyer was 3301 30th Avenue Realty LLC, managed by Gaven Leibthe owner of Man-Dell Food Stores.
According to the numbers: New mortgage and refinancing applications increase in October
The share of homeowners looking to refinance their mortgage or take out a new one continues to rise, as typical mortgage rates have hovered around the low 6 percent range in recent months.
The Association of Mortgage BankersThe weekly index of refinanced mortgages rose 147 percent year over year this week, while the measure of new purchase loan applications rose 31 percent. New loans were also higher than last week, by 3 percent, although refinanced
Mortgages had fallen by 3 percent week after week.
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