There were 110 transactions totaling $377 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, April 30, 2026.
🏆 Commercial: The top commercial real estate sale to hit records was in Turtle Bay, where Hikari Power Z Co. purchased an apartment building at 246 East 53rd Street for $15.2 million. The sellers were entities linked to Parke Leatherman and Jody Kriss, who had acquired the 12,900-square-foot property in February 2025 for $8.1 million. It stands six stories tall and has 20 apartments.
🏆 Residential: Lincoln Square was home to the top residential deal recorded in the Big Apple. A trust scooped up a penthouse at 1 Central Park West for $15.1 million. The seller was Unit 48A CPW LLC, which paid $21.9 million for the 4,500-square-foot pad in 2013. The latest sale works out to about $3,400 per square foot.
📊 Residential: A trust purchased a newly built condo at Madison Realty Capital’s 16 Fifth Avenue in Greenwich Village for $14.5 million. The 3,700-square-foot unit has three bedrooms and four and a half bathrooms. Corcoran’s Ryan Kaplan and Tara King-Brown had the listing, which went live in November with an asking price of $15 million.
📊 Residential: Shawn Pheng Keong Ng and Sze Ying Felicity Tan parted with a condo at 90 East End Avenue in Yorkville for $5.8 million. The buyers were David and Leah Casto. The sellers had purchased the 3,700-square-foot residence in 2020 for $4.8 million.
📊 Commercial: A four-story, 4,200-square-foot mixed-use property at 280 Bleecker Street in the West Village sold for $9.3 million. The seller was an LLC tied to New York-based RYCO Capital, which paid $4.8 million for the property five years ago. The buyer in the latest deal was an LLC managed by Stella Repapinos-Sklias. The building has three apartments above ground-floor retail.
By the Numbers: NYC’s pied-à-terre tax sounds simple. The math isn’t, comptroller report finds
If there’s one thing the proposed tax on high-end second homes in New York City makes clear, it’s this: defining what — and who — to tax is anything but simple.
Gov. Kathy Hochul announced the so-called pied-à-terre tax on second homes worth $5 million and up weeks ago, pitching it as a way to ensure “the people who call [New York] home,” aren’t left carrying the burden alone. Hochul has said the tax could generate $500 million to help close the city’s $5.4 billion budget gap. The idea, backed by Mayor Zohran Mamdani, quickly drew pushback from the real estate industry.
A new analysis from the city’s comptroller estimates the tax could apply to more than 11,200 properties and generate roughly that amount annually.
But those figures depend on assumptions that are difficult to standardize — and that could materially affect how much revenue the tax ultimately generates.
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