There were 140 transactions totaling $202 million recorded in New York City in the 24 hours before 4 p.m. on Wednesday, Dec. 17.
🏆 Residential: The top home sale recorded in New York City was on the Upper East Side. Daniel and Joyce Straus parted with a co-op at 888 Park Avenue for $12.3 million. Daniel Straus is the founder of CareOne and president of The Straus Group. The buyer was Grant S. Johnson. The co-op spans about 3,800 square feet and has four bedrooms and four and a half bathrooms. The Strauses purchased the unit in 2009 for $5.4 million. It went on the market in July for just under $13 million. The Modlin Group’s Adam Modlin and Andrew Nierenberg represented the Strauses.
🏆 Commercial: The top recorded commercial transaction was in the West Village, as the sale of the “Friends” building at 90 Bedford Street for about $33 million hit records. The seller was Jeff Sutton’s Wharton Properties, which acquired the building in January 2024 for $18.3 million and renovated it. The buyers were JP Real Estate Group Limited and JP Real Estate Group USA. Wharton acquired the property in January 2024 for $18.3 million. The building spans about 15,600 square feet, has 22 apartments and stands six stories tall. It also has a restaurant called Little Owl on the ground floor. The deal was brokered by Michael Sherman of Baseline Real Estate Investors.
📊 Residential: A penthouse at 90 Riverside Drive on the Upper West Side changed hands for just under $11 million. The seller was Susan Winberg, a lawyer turned designer, and the buyer was Joshua Wachs. Winberg had owned the co-op since 2011, when she purchased it for $5.9 million. The three-bedroom pad was gut-renovated and has a private elevator landing, an office and a wraparound terrace. Winberg put the residence up for sale in March for nearly $15 million. Cocoran’s Steve Gold had the listing.
📊 Residential: For $5.5 million, Karen Miner-Romanoff, a criminology professor at New York University and researcher, sold a penthouse and a storage unit at 130 Williams Street in the Financial District. The buyer was an LLC managed by Joseph Hurwitz. Miner-Romanoff purchased the pad in 2022 for $7.5 million. The three-bedroom condo spans about 2,500 square feet, pricing the deal at roughly $2,200 per square foot. Nest Seekers International’s Tamir Shemesh and Livia Stival represented the seller. The unit first hit the market a year ago, when its asking price was just under $7 million.
By the Numbers: New York leads markets with discounted house listings
Among the nation’s largest housing markets, no city saw more sellers blink on price last November than New York.
In the New York metro area, 3.6 percent of home listings were marked down during the month, the highest share among the 25 most populous U.S. markets, according to data from Zillow.
Nationwide, 2.72 percent of homes had their prices discounted in November, essentially flat compared to both the month and year before.
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