There were 201 transactions totaling $259 million recorded in New York City from 4 p.m. on Friday, Dec. 12, through 4 p.m. on Monday, Dec. 15.
🏆 Residential: The top home sale recorded in New York City was at 15 Central Park West, where a condo sold for $22 million. The seller, NYC 15 CPW LLC, purchased the unit in 2008 for $10.5 million. The unit’s new owner is The Verdant One LLC. The three-bedroom pad measures just over 3,100 square feet, pricing the deal at nearly $7,100 per square foot. Corcoran’s Deborah Kern had the listing, which went live in May for $25 million.
🏆 Commercial: Flushing had the top commercial transaction recorded in the Big Apple. A 12,000-square-foot store and adjacent parking lot at 99-32 Corona Avenue and 113 Corona Avenue traded for $14 million. The seller was an LLC led by Charles Scaturro, and the buyer was A & C Corona Realty LLC, managed by Andres Ferreira and Carlos Espinal. The properties had not traded in almost 40 years.
📊 Residential: Philanthropists Philip and Alyce de Toledo — he is a retired financier — parted with a condo at 200 Amsterdam Avenue in Lincoln Square for $10.4 million. The buyers were Diana Moore and James A. Williams. The de Toledos had owned the unit since 2021, when the couple purchased it for $9.2 million. The 2,700-square-foot condo has three bedrooms adn three and a half bathrooms. The sale pencils out to about $3,900 per square foot. The de Toledos put the residence on the market in June for $11.5 million. Brown Harris Stevens’ Lisa Lippman and Scott Moore represented the sellers.
📊 Residential: For $7.1 million, the asking price, the estate of investment banker Miner Warner and his wife Ellen Warner sold a townhouse at 148 East End Avenue in Yorkville that they had owned since the 1970s. The buyer was 148 East End Ave LLC. The five-bedroom home spans just over 3,000 square feet. It went up for sale earlier this month. Corcoran’s Pamela Marcus and Leighton Candler had the listing.
📊 Residential: In Lincoln Square, Craig and Denise Folise shed a condo at 220 Riverside Boulevard for $5.6 million. Craig Folise owns a trucking and shipping logistics company. The buyers were Lisa and Timothy LaLonde, an executive at Evercore. The Folises had owned the unit since 2012, when they purchased it for just under $6 million. The condo measures about 3,000 square feet. The most recent deal comes out to roughly $1,900 per square foot.
By the Numbers: Distressed U.S. mortgages jump 21% in November
Residential mortgage foreclosure filings across the country jumped 21 percent year-over-year in November.
The Charlotte metropolitan area recorded the greatest yearly gain of its foreclosure rate among metro regions with a population of at least 1 million, with an eye-popping 125 percent jump in the North Carolina enclave. One in every 3,156 housing units there had a foreclosure filing attached to it in November — 62nd among all the country’s metro areas, regardless of size.
If you like this digest, you can get it even earlier — every evening — by subscribing to TRD Data, here.