{"id":240460,"date":"2026-05-22T11:55:16","date_gmt":"2026-05-22T11:55:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/240460\/"},"modified":"2026-05-22T11:55:16","modified_gmt":"2026-05-22T11:55:16","slug":"new-york-top-real-estate-deals-thursday-may-21-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/240460\/","title":{"rendered":"New York Top Real Estate Deals: Thursday, May 21, 2026"},"content":{"rendered":"<p>There were 187 transactions totaling $271 million filed in New York City records in the 24 hours before Thursday, May 21.<\/p>\n<p>\ud83c\udfc6 Commercial: The priciest commercial deal to hit records was in the Garment District, where a 10,300-square-foot, vacant commercial building at 28 West 37th Street traded for $18 million or about $1,800 per square foot. The buyer was Sioni Group, which plans to build a 32-story, mixed-use property on the site, according to <a href=\"https:\/\/www.crainsnewyork.com\/real-estate\/commercial\/cny-sioni-group-midtown-south-building-20260330\/\" rel=\"nofollow noopener\" target=\"_blank\">Crain\u2019s<\/a>. The seller was an LLC tied to Leandro Vaysman, CEO at Sylvan Parking Corp.<\/p>\n<p>\ud83c\udfc6 Residential: The top home sale was on the Upper East Side, where a condo and storage unit at 1049 Fifth Avenue changed hands for $12.8 million. The seller was Wheels 1049 Fifth LLC, which purchased the 2,800-square-foot unit in 2018 for $11.8 million. The buyer was Callisto Properties LLC. The condo has three bedrooms, three and a half bathrooms and two landscaped terraces; the latest sale works out to about $4,600 per square foot. Donna Olshan with Olshan Realty had the listing. The unit\u2019s most recent asking price was $13.5 million.<\/p>\n<p>\ud83d\udcca Residential: A trust tied to Kimberly Anne Liggett parted with a penthouse at 75 Kenmare Street in Nolita for $5.8 million. The trust had owned the unit since 2015, when it paid just under $6 million. The buyers in the latest deal were Scott and Claudia Linstone. The condo spans about 1,900 square feet and has two bedrooms and two bathrooms. It also has a nearly 700-square-foot terrace. The deal pencils out to more than $3,100 per square foot.<\/p>\n<p>\ud83d\udcca Residential: Nick Advani sold a 2,100-square-foot, three-bedroom duplex condo at 92 Greene Street in Soho for $4.7 million. The buyer was a trust tied to Armin and Safoora Zerza. Advani had purchased the unit in 2007 for $3.4 million. The unit went on the market with Coldwell Banker Warburg\u2019s Bill Kowalczuk, Guy Hobson and Jane Katz in February with an asking price of $4.5 million.<\/p>\n<p>By the Numbers: <a href=\"https:\/\/therealdeal.com\/data\/new-york\/2026\/nyc-all-cash-luxury-home-tax-impact\/\" rel=\"nofollow noopener\" target=\"_blank\">New York\u2019s proposed all-cash luxury home tax would hit these neighborhoods hardest<\/a><\/p>\n<p>New York state legislators are weighing a tax on all-cash properties of home purchases of over $1 million in the Big Apple \u2014 but where would such a levy have the greatest impact?<\/p>\n<p>Unsurprisingly, the city\u2019s wealthiest enclaves \u2014 Lincoln Square, Chelsea and the Upper West Side \u2014 had the highest number of $1 million-plus, all-cash home sales in New York in 2025, according to a TRD Data analysis of residential deeds recorded in the city from January 2023 through May 2026.<\/p>\n<p>In general, all-cash purchases have been on the rise over the past couple of years, particularly as borrowing costs have also risen. From 2023 to 2025, the number of all-cash home sales over $1 million climbed by 15 percent to about 4,500 deals, according to the TRD Data analysis. So far this year, there have been 1,530 such sales.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1240\" height=\"944\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/05\/image-16.png\" alt=\"\" class=\"wp-image-1032662\"  \/><\/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 187 transactions totaling $271 million filed in New York City records in the 24 hours before&hellip;\n","protected":false},"author":2,"featured_media":240461,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9,5452,11,10],"class_list":["post-240460","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-new-york","tag-new-york-city-real-estate-deals","tag-new-york-headlines","tag-new-york-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/240460","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=240460"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/240460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/240461"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=240460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=240460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=240460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}