{"id":257434,"date":"2026-06-06T11:41:08","date_gmt":"2026-06-06T11:41:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/257434\/"},"modified":"2026-06-06T11:41:08","modified_gmt":"2026-06-06T11:41:08","slug":"new-york-top-real-estate-deals-friday-june-5-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/257434\/","title":{"rendered":"New York Top Real Estate Deals: Friday, June 5, 2026"},"content":{"rendered":"

There were 132 transactions totaling $462 million filed in New York City records in the 24 hours before 4 p.m. on Friday, June 5.<\/p>\n

\ud83c\udfc6 Commercial: The biggest commercial sale to hit records was a hotel: the Innside New York NoMad at 132-142 West 27th Street traded for $208 million. The seller of the 147,200-square-foot building was an affiliate of Artimus, which built the 313-key hotel, and the buyer was Innside Ventures LLC. Built in 2016, the building stands 21 stories tall.<\/p>\n

\ud83c\udfc6 Residential: The top recorded home sale in New York was on the Upper West Side. Kenneth and Susan Hahn scooped up a sponsor unit at Extell Development\u2019s 50 West 66th Street for just under $24 million. The condo measures about 3,400 square feet, pricing the sale at roughly $7,100 per square foot.<\/p>\n

\ud83d\udcca Commercial: In Jamaica, Queens, Cirrus Real Estate Partners<\/a> and Resorts World purchased a parking garage at 92-02 165th Street for $46.1 million. The seller of the three-story, 246,200-square-foot facility was an LLC tied to the Greater Jamaica Development Corporation. Kevin Schmitz and Stephen Preuss Sr. of Ripco Real Estate represented the seller. The buyers plan to redevelop the site into a housing development with 700 properties.<\/p>\n

\ud83d\udcca Residential: A trust tied to Michael Maguire picked up a 3,900-square-foot sponsor unit at SJP Properties\u2019 200 Amsterdam Avenue on the Upper West Side for $12 million, or about $3,100 per square foot. Serhant is handling sales at the luxury development.<\/p>\n

\ud83d\udcca Residential: Jacquelyn Krese, a finance executive, purchased a 2,500-square-foot sponsor unit at Naftali Group\u2019s 255 East 77th Street for $6.9 million. The unit has four bedrooms and three and a half bathrooms. Compass\u2019 Alexa Lambert, Alison Black and Shelton Smith had the listing, and Manek Mathur with Sotheby\u2019s International Realty represented Krese. The sale pencils out to about $2,800 per square foot.<\/p>\n

By the Numbers: CRE deal volume fell 33% in April. Experts say: don\u2019t fret<\/a><\/p>\n

Should the commercial real estate industry panic?<\/p>\n

Deal activity, measured by sales volume, plunged 33 percent \u2014 to $24.7 billion \u2014 in April compared to the year before, according to the latest MSCI Capital Trends report.\u00a0<\/p>\n

If these figures concern industry watchers, they shouldn\u2019t, according to Jim Costello, executive director of MSCI\u2019s research and development team. Year to date, deal volume hit $163.5 billion, a 14 percent year-over-year increase, indicating that activity is not on a downward spiral.<\/p>\n

\"\"<\/p>\n

If you like this digest, you can get it even earlier \u2014 every evening \u2014 by subscribing to TRD Data, here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"There were 132 transactions totaling $462 million filed in New York City records in the 24 hours before…\n","protected":false},"author":2,"featured_media":257435,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[9,24,55,54,5452,56],"class_list":["post-257434","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\/257434","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=257434"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/257434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/257435"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=257434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=257434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=257434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}