There were 168 transactions recorded in New York City in the last 24 hours before 4pm on Wednesday, October 22, totaling $328 million.
🏆 Residential: A sponsor unit West53estraat 53 in Midtown, developed by Pontiac Country Group And Heinmarked the most significant residential deal to hit New York City records on Wednesday, October 22. The buyer was NY Corporation mansionwhich paid $5.6 million for the pad. The 2,500-square-foot unit, which has been on the market for a decade, has three bedrooms and three and a half baths. The pad’s most recent asking price was $7.4 million. Douglas Elliman Renee Micheli, Jade Chan, Frances Katzen And Michelle Griffith had the mention.
🏆 Commercial: The most significant commercial deal recorded in the Big Apple involved 400 square feet of signage in Times Square. Broadway producer John Gore’s John Gore Organization Dropped $12.2 million – more than $1 million per square foot – to take over signage in the Brill building 1619 Broadway. Gore paid nearly $29 million earlier this year for six other apartments in the historic building. The seller was Mack Real Estate Group.
📊 Commercial: In Prospect Heights, a 58-unit apartment complex Lincoln place 347 changed hands for $4.9 million. The buyers were four LLCs affiliated with New York-based Great Neck Gilman Management Corp., and the sellers were three entities associated with the Brooklyn headquarters Sharp Management Corp. The 48,000-square-foot building last traded in 2014 for $5.4 million.
📊 Residential: Ilona and Leonid Koganwho runs an international meat export business, has left behind an apartment in The Mayfair Parklaan 610 in Lenox Hill for $4.9 million. The buyer was Park Avenue NYC 5 LLC. The Kogans have owned the property since 2003, when they bought it for $3.7 million.
According to the numbers: Dallas, Houston largest US markets for industrial construction
Southern cities dominate industrial construction in the US
Dallas-Fort Worth has about 28 million square feet of industrial space in use, the most in the country in August, according to Yardi data. Houston ranked second, with just under 17 million square feet under construction.
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