There were 253 transactions totaling $315 million recorded in New York City from 4 p.m. on Friday, Dec. 19, through 4 p.m. on Monday, Dec. 22.
🏆 Residential: The top home sale recorded in New York City was in Tribeca, where a trust tied to Carl Kawaja, chair of Capital Research and Management Company, which is part of Capital Group, and his wife Gwendolyn Holcombe snapped up a condo at 67 Vestry Street for $15.3 million. The 3,000-square-foot pad has four bedrooms and three and a half baths; it had been on the market since October, when it was listed for $15.8 million. Corcoran’s Catherine Juracich, Tom Ventura and Lesley Schulhof had the listing. Iliad Realty Group and 7G Realty redeveloped the 13-unit building.
🏆 Commercial: Queens had the priciest commercial real estate transaction recorded in the Big Apple. A retail unit at the Corte luxury condominium at 21-30 44th Drive in Long Island City sold for just under $7 million. The buyer was Flushing-based Lumison Holdings LLC, tied to Jing Wan. The unit measures about 9,600 square feet. The deal works out to about $730 per square foot. SK Development, CB Developers and Ironstate Development are the project’s developers.
📊 Residential: An LLC tied to hedge funder Jason Capello shed a condo at 40 East 66th Street in Lenox Hill for $14 million. The buyer was an LLC managed by Ronnie Wexler, an executive at Barclays. The pad spans about 4,900 square feet and has six bedrooms and six and a half baths. The deal works out to roughly $2,900 per square foot. The unit hit the market in September 2024 for $18.5 million. Corcoran’s Carrie Chiang and Andres Perea-Garzon had the listing.
📊 Residential: In Lenox Hill, a sponsor unit at EJS Development’s 200 East 75th Street sold for just over $12 million. The buyers were Eileen Price Farban, a social justice philanthropist, and Steven Farbman, chairman at Touchpoint Media, via a trust. The pad spans about 3,700 square feet, pricing the transaction at more than $3,200 per square foot.
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