There were 218 transactions, a total of $ 302 million, included in New York City on Friday 29 August.
🏆 Residential: A resale at a ROETORS of a billionaire marked the most expensive housing sale that was included in the Big Apple before Labor Day weekend. An LLC managed by Biana Dudler separated with an apartment on the 52nd floor of 432 Park Avenue For $ 14.7 million. The buyer was another LLC. The unit sold with loss, because the seller bought it in 2016 for $ 16.4 million. The apartment comprises approximately 3,600 square feet, and praises the deal slightly less than $ 4,100 per square foot. The path with three bedrooms has been on and out of the market since 2017, when the asking price was $ 19.8 million, but it went for $ 16.8 million, according to Streeteasy. Corcoran’s Carrie Chiang And Andres Perea garzon represented the seller and Douglas Elliman Abraham Sarway brought the buyer.
🏆 Commercial: The best commercial deal in the city was in Woodhaven. Reasons two adjacent industrial buildings of one floor sold at 89-02 Atlantic Avenue And 94-33 89th Street For $ 10.7 million. The buyer was a branch of Rosemont, Illinois established Venture one real estate.
📊 Commercial: In East Williamsburg, a building for mixed use in 449 Buy Street Traded for $ 6.3 million. The seller of the three -storey ownership of 7,600 square feet was Cheskie Weisz CW RealtyWho bought the building in 2016 for $ 4.7 million. The buyer was an LLC bound to Morris Sabbagh of commercial real estate brokerage Realty Sabby.
📊 Commercial: The Police Athletic League picked up the house of his lead Start/Early Head Start programs, which offer previous education for the early childhood, at 452 Pennsylvania Avenue In Oost -Snew York for $ 6 million. The seller was a company that was managed by Lawrence Bernstein. The story is two floors long and comprises 18,000 square feet. It has been in the Bernstein family since the 1970s.
📊 Residential: The estate of Thomas McCormack Sold a Cooperative with Four Bedrooms on 50 Central Park West In Lincoln Square for $ 5.9 million. McCormack, who died in 2024, was once CEO of St. Martin’s Press. The buyer was a trust James and Dr. Gretchen Conroy. James Conroy is CEO of Ross Stores and Gretchen Conroy is a radiologist. The unit came on the market in November for just under $ 8 million. Compass’ Brian Lewis Had the list.
📊 Residential: Dom Tran And Aunt Nguyen Whose an apartment of 1500 square feet on the Greenwich Lane at 155 West 11th Street In Greenwich Village for $ 6.4 million. The buyer was a trust Steven Hazan. Tran and Nguyen bought the path with two bedrooms in 2021 for $ 6.6 million and brought it to the market for $ 6.8 million in May. Douglas Elliman’s Anthony Robles, Aran Scott And Bryan Pak Had the list.
By the figures: Bid at international CRE heats up
It is becoming more and more competitive to offer commercial real estate-especially multi-family and office homes in abroad.
JLL’s Global Bid Intensity Index, which analyzes the bidding data of the commercial real estate company, increased in July compared to the month before. It is the first month-over-month growth of the index since December.
However, the index was still falling from July 2024, when the real estate sector expected the Federal Reserve to lower its benchmark federal funds. The index was softened at the beginning of 2025 because of the market for volatile bonds and continuous uncertainty of trade policy.
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