{"id":233644,"date":"2026-05-16T11:28:08","date_gmt":"2026-05-16T11:28:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/233644\/"},"modified":"2026-05-16T11:28:08","modified_gmt":"2026-05-16T11:28:08","slug":"new-york-top-real-estate-deals-friday-may-15-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/233644\/","title":{"rendered":"New York Top Real Estate Deals: Friday, May 15, 2026"},"content":{"rendered":"<p>There were 152 transactions totaling $691 million filed in New York City records in the 24 hours before 4 p.m. on Friday, May 15, 2026.<\/p>\n<p>\ud83c\udfc6 Commercial: The top commercial real estate transaction to hit records was in Midtown, where Gary Barnett\u2019s Extell Development Company closed on the sale of a development site at <a href=\"https:\/\/therealdeal.com\/new-york\/2026\/01\/25\/gary-barnetts-extell-in-contract-to-buy-midtown-assemblage\/\" rel=\"nofollow noopener\" target=\"_blank\">405-407 Park Avenue<\/a> for about $451 million, according to deeds filed with the city. Sources previously told The Real Deal that the sellers were seeking north of $500 million for the site, and that Extell was also set to acquire air rights from the nearby Central Synagogue. Swedish investor Corem Property Group AB was the seller of 407\u2013417 Park Avenue, and Deutsche Bank\u2019s asset management arm and MRP Realty were the sellers of 405 Park Avenue.<\/p>\n<p>\ud83c\udfc6 Residential: The priciest home sale was in Brooklyn Heights, where a newly built, six-story townhouse at <a href=\"https:\/\/therealdeal.com\/new-york\/2025\/12\/01\/brooklyn-townhouse-luxury-development-single-family-developers\/\" rel=\"nofollow noopener\" target=\"_blank\">299 Hicks Street<\/a> changed hands for $13.3 million. The seller was an LLC tied to developer Vadem Brodsky, and the buyer was Blackberry Meadow Holdings LLC. The home has six bedrooms, six and a half bathrooms, a finished basement, a private garden, a rooftop terrace and underground parking for six cars. It first went on the market in September 2024, for just under $18 million. Its most recent asking price was nearly $15 million. Douglas Elliman\u2019s Aran Scott, Anthony Robles, Peter Perez and Susan Lee had the listing.<\/p>\n<p>\ud83d\udcca Commercial: An affiliate of Lightsone Capital acquired seven office condo units at 32 West 39th Street in the Garment District for $14.6 million. The seller was an LLC tied to Montclair, New Jersey-based Trigild. The units measure about 33,600 square feet, pricing the sale at roughly $435 per square foot.<\/p>\n<p>\ud83d\udcca Residential: Also in Brooklyn Heights, Ellen Marrone and Phillip Rosen dropped $8.2 million on a townhouse at 10 Sidney Place. The seller was an LLC tied to Steven K. Chu, who had purchased the residence in the early 1990s. The six-bedroom brownstone went on the market in February for $8.5 million. Serhant\u2019s Ravi Kantha, Cameron LeCates and Nicole Kats represented the seller.<\/p>\n<p>\ud83d\udcca Residential: A trust sold a 2,700-square-foot co-op at 150 Central Park South for $8 million. The buyer was Koruma, Inc. The sale pencils out to more than $2,900 per square foot. The pad has three bedrooms and three and a half bathrooms. It also has a terrace. The residence first went on sale in September for $12.5 million. Douglas Elliman\u2019s Matthew Gulker and Sabrina Saltiel had the listing.<\/p>\n<p>By the Numbers: Residential foreclosures soar in Sun Belt metros<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1717\" height=\"1148\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-15-at-4.57.03-PM.png\" alt=\"\" class=\"wp-image-1031705\"  \/><\/p>\n<p>The residential foreclosure rates are accelerating in several key Sun Belt cities, signaling that the wave of homeowners that purchased properties in booming cities may be struggling with affordability increases.<\/p>\n<p>The issue is most apparent in Austin, which had the highest annual foreclosure growth rate in April \u2014 nearly 199 percent, according to a TRD Data analysis of foreclosure data of metropolitan statistical areas with at least 1 million residents from research firm <a href=\"https:\/\/www.attomdata.com\/news\/market-trends\/foreclosures\/april-2026-foreclosure-market-report\/\" rel=\"nofollow noopener\" target=\"_blank\">Attom<\/a>. Austin\u2019s rate was the eighth highest of the markets studied, with about 1 in every 2,000 homes having some type of foreclosure filing.<\/p>\n<p>If you like this digest, you can get it even earlier \u2014 every evening \u2014 by subscribing to TRD Data, <a href=\"https:\/\/therealdeal.com\/data\/latest\/\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"There were 152 transactions totaling $691 million filed in New York City records in the 24 hours before&hellip;\n","protected":false},"author":2,"featured_media":233645,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[9,24,55,54,5452,56],"class_list":["post-233644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-new-york","tag-new-york-city","tag-new-york-city-headlines","tag-new-york-city-news","tag-new-york-city-real-estate-deals","tag-ny"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/233644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=233644"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/233644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/233645"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=233644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=233644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=233644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}