The Real Deal New York

Sitt’s deal with city tops 4Q commercial deals

January 11, 2010 03:26PM


The Coney Island property at 1001 Boardwalk West

Developer Joseph Sitt’s sale of 6.9 acres of Coney Island property proved the largest commercial sale to close in the fourth quarter of 2009, according to data compiled by PropertyShark.com for The Real Deal. The Coney Island sale closed at $95.6 million, handily trumping the second place deal, which had a closing price of $84.35 million. The sales include all commercial properties. See the accompanying chart for the top five deals in the fourth quarter.
TRD

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