NYC’s top deals: LIC industrial building trades for $19M

July 10, 2025 / no comments

There were 270 deals recorded, totaling about $363 million, in New York City on Wednesday, July 9. 🏆Residential: The top residential sale recorded in New York was in Tribeca. Ryan Wilder parted with a condominium at 111 Murray Street. Jennifer Ellington paid $11.5 million for the unit, about 6 percent off its last trade price […]

This article originally appeared on The Real Deal. Click here to read the full story.

Foreign buyers and sellers are going strong in New York City

July 10, 2025 / no comments

In the early 2010s, wealthy individuals overseas flooded New York City’s residential market, creating a wave of demand that supported flashy new developments around the city.  That money began to trickle off before 2020 and disappeared further in the years around the pandemic as travel restrictions and geopolitical tensions made the U.S. a less-appealing place […]

This article originally appeared on The Real Deal. Click here to read the full story.

The Daily Dirt: Rise of the borough presidents? 

July 10, 2025 / no comments

Is it time for borough presidents to have more of a say over rezonings? That question is baked into a potential change that may be pitched to voters in November.  Today, borough presidents review applications that go through the city’s land use review process, known as the Uniform Land Use Review Procedure, or Ulurp.  Their […]

This article originally appeared on The Real Deal. Click here to read the full story.

Paul Newman’s former co-op sells for $4M above ask

July 9, 2025 / no comments

Almost 20 years after his death, Paul Newman is still churning out hits. The co-op unit he shared with his wife, Joanne Woodward, recently traded hands for about $14 million, the Wall Street Journal reported. The sale of the 1120 Fifth Avenue apartment in Carnegie Hill represented a premium on the property’s $9.95 million asking […]

This article originally appeared on The Real Deal. Click here to read the full story.