There were 173 transactions totaling $292 million filed in New York City records in the 24 hours before 4 p.m. on Tuesday, May 5, 2026. 🏆 Commercial: The top commercial real estate transaction to hit records was in Queens, where P & L Associates, LLC offloaded a six-story office building at 42-40 Bell Boulevard in Bayside for $13M. The buyers were two entities tied to Alex Lau. The building, which P & L Associates had owned for decades, spans about 61,600 square feet, pricing the sale at around $210 per square foot. 🏆 Residential: Chelsea was home to the top […]

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