From left: 303 East 33rd Street, Amit Doshi, Brian Adams, Paul Wexler and 449-455 Audubon Avenue

Two distressed deals topped the list of commercial transfers that appeared last week on the city’s property records database Acris. In the first, Madison Capital took control of two buildings valued at $186 million. In the second distressed transfer, a partnership including Jacob Toll bought a stalled residential development in Williamsburg for $17.4 million. Other sales last week included two retail units and an apartment building in Fort George.

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Some of the top brokers of the week, from left: Aaron Jungreis, Maria Manuche, Guthrie Garvin, Ronald Solarz, Brian Sarath and Thomas Donovan

The top transaction recorded in city property records last week was Westbrook Partners selling a 197-unit apartment building to Clipper Equity in a deal brokered by Aaron Jungreis of Rosewood Real Estate. The other Manhattan deals were in Lenox Hill, Soho and Lincoln Square. In the fifth largest deal, Praedi [more]

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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