There were 238 transactions, a total of $ 469 million, included in New York City on Wednesday 27 August 2025.
🏆 Residential: The best home sales included in New York was for a cooperative in Greenwich Village. The four bedrooms, three-bath unit 43 FIFFH AVENUE Traded for $ 8.6 million. The seller was Palmer 8 LLC And the buyer was Ivy ShapiroFounder of art consultancy Ivy Shapiro & Partners. The unit has been on and out of the market since February 2024, when the initial asking price was $ 10.6 million. It was previously sold for $ 7.6 million in 2014. Douglas Elliman’s Abigail Agranat And Steve Halprin Had the list.
🏆 Commercial: The best commercial deal in the city was in Crown Heights; Bridges Development Group and Achs Management Corp. sold one Development site at 73-99 Empire Boulevard For $ 42.5 million. The buyer was Cheeskie Weisz by CW Realty. The site is one of the last remaining former parking garages that were Built to house traffic To Ebbet Field at the beginning of the 20th century. The joint venture had bought the site in 2021 for $ 15.2 million. The last deal is around 180 percent more than that. The city council approved a controversial re -use of the area in June. A S3 Capital Affiliate provided $ 43.5 million in financing for the last deal.
📊 Commercial: In Tribeca, an empty feature that was planned for conversion to a single -family home at 11 Hubert Street Changed hand for $ 17.4 million. The buyer was RIL USAThe American arm of Reliance Industries LimitedA conglomerate based in Mumbai whose chairman billionaire Mukesh Ambani is, the 18th-rich person in the world, according to Forbes. The seller, RJP The real estate Holdco LLCIn 2018, paid slightly less than $ 20 million for the property, which has two plans approved by the city for the luxury house of Maya Lin Studios and E. Cobb Architects. The building, a former office that still has to be converted, came on the market for the first time in 2021 for $ 25 million and was removed at the end of 2024. Compass’ AARON MAZOR With the Hudson Advisory Team, the seller represented in the Off-Market Deal. Manek Mathur Van Sotheby’s International Realty represented the buyer.
📊 Residential: Businessman Robert Tillis an apartment 502 Park AvenueThe Trump Park Avenue, for $ 7.3 million – about half of what Tillis, the CEO of Imperial Dade, and his wife Meryl paid for it in 2016. The purchase comes to around $ 1,700 per square foot. The buyer is a company linked to developer in California Hillcrest CompanyWhose director of acquisitions Ryan Afari told The real deal That the apartment will be added to the portfolio of the company. The unit comprises 4,200 square feet and the Tillises bought the unit of an LLC coupled to Donald Trump, although he never lived in it. Brown Harris Stevens’ Lisa Simonsen Had the list and that of Corcoran Whitney Dider represented the buyer.
📊 Residential: The Ashokan Trust $ 4.4 million in an apartment 42 White Street In Tribeca. The seller was Tomlinson Road LLCWho bought the unit on full floor in 2022 for $ 2.4 million. The two -bedroom apartment has a key locked lift that opens to a private foyer, a chef’s kitchen and nine foot adapted oak cupboards. The unit went on the market for $ 4.3 million in May. Douglas Elliman’s Jordan Shea And Austin Goodman the seller represented in the last transaction.
📊 Residential: Peter Descheneshead of monura greentech, and Dr. Margaret McNairyNewly appointed as a professor at medical school and department head at Washington University in St. Louis’ Medical School, separated with a cooperative at 115 East 67th Street. The buyer, financier Benner UlrichPaid $ 4.2 million for the Lenox Hill Residence, which was last traded for $ 2.9 million in 2019. The cooperative has four bedrooms, three and a half baths and a wood -firing fireplace. Sotheby’s International Realties Amanda Cannon Goldworm, Megan Duryea Scott, Merrill Curtis And Geoff Mckernan Had the list, and Holly Parker Elliman brought the copper with Douglas.
📊 Commercial: A trust tied to Kenneth Long, Jr. And Sean Long sold a house with three families at 362 Clinton Street In Cobble Hill for $ 4.7 million. The buyer was an LLC managed by Omri Bar-Mashiyah. The building has been in the Longtemps family since the 1970s. The houses of the red brick, four floors to the 1850s and on the market in March for $ 4.5 million. Brown Harris Stevens’ Brian Lehner Had the list.
By the figures: Non-payments to small mortgages with multiple families fall as the overdue delinquencies for housing loans
The share of mortgages for small, multi -family homes that are too late has long been increased, compared to other types of properties.
However, it is the only activa class for which the share of delinquent mortgages year after year in the first quarter has fallen, when 2.02 percent of the mortgages for properties with two to four units were 60 or more days late, according to data from the Federal Reserve Bank of Philadelphia. That figure fell from 2.07 percent last year, a decrease of approximately 2.4 percent.
In the meantime, the percentage of delinquent mansion mortgages rose the most, with 16.67 percent year after year. However, this share is generally lower than that of other groups. Only 0.56 percent of the mortgages for these properties were too late in the first quarter.
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