There were 119 transactions totaling $127 million filed in New York City records in the 24 hours before 4 p.m. on Friday, May 1, 2026.
🏆 Commercial: The most expensive commercial real estate sale to hit records was in the Bronx, where an apartment complex at 1285 Edward L. Grant Highway traded for $8.5 million. The seller was a Great Neck, New York-based company tied to Robert Kahen. The buyer of the eight-story building, which has 29 units, was an LLC linked to Joel Weiss and Isaac Silberstein.
🏆 Residential: Downtown Brooklyn logged the priciest recorded home sale in the Big Apple. A trust scooped up a penthouse at 9 Chapel Street for $3.5 million. The condo was a sponsor unit at the development, which was built by Tankhouse. The nearly 2,000-square-foot pad has three bedrooms and two and a half bathrooms. It first hit the market in September 2024 with an asking price of $3.7 million. Corcoran’s Behzad Amiri, Dan Chen and Noah Shapiro had the listing.
📊 Residential: Lisa Bardack paid $4.4 million for a newly built, 2,100-square-foot condo and storage unit at 310 East 86th Street in Yorkville. IGI-USA is the developer behind the building, called The Harper. The three-bedroom unit went on the market in October for $4.5 million. Core’s Doron Zwickel and Caleb Nickels had the listing.
📊 Residential: Statistician Nate Silver, founder of FiveThirtyEight, and his partner Robert Gauldin purchased a condo at 344 Bowery in Noho for just under $3 million. The seller was Justin Blatstein. The full-floor pad spans about 1,800 square feet and has two bedrooms and two bathrooms. Compass’ Leslie Meyers and Carl Gambino had the listing. Corrin Thomas with Serhant brought the buyer. The deal breaks down to roughly $1,700 per square foot.
By the Numbers: NYC’s co-op buyers increasingly turn to trusts for privacy, estate benefits
New York City’s notoriously rigid co-op boards are slowly opening their doors to trusts.
More than ever, New York City’s homebuyers are buying co-ops through trusts in an effort to preserve wealth, maintain privacy and avoid the city’s backlogged probate courts.
Over the past decade, the share of residential co-op buyers that were either trusts or LLCs increased to 5 percent from 2.4 percent in 2016, according to an analysis of city records by The Real Deal from April 25, 2016 to April 25, 2026.
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