Overall, there were 253 deals, totaling about $475 million, recorded in New York City on Wednesday, Aug. 13.
🏆 Residential: Central Park Tower at 217 West 57th Street in Midtown notched the highest residential sale in New York. Matthew Kaulig, owner of the NASCAR team Kaulig Racing, and his wife Lisa Kaulig dropped about $17.6 million — about $5,200 per square foot — on a sponsor unit at the Billionaires’ Row tower, which was developed by Gary Barnett’s Extell Development Company. The 3,400-square-foot, three-bedroom unit first hit the market in August of 2022, with an asking price of $22.6 million, but its most recent asking price was $18.9 million. Extell Marketing Group and Corcoran’s Kane Manera, Janet Wang, Gabriele Tonini and Tim Rizzo had the listing.
🏆 Commercial: New York’s top commercial real estate transaction was in Glendale. The Shops at Atlas Park, an open-air shopping center at 80-00 Cooper Avenue, traded for $72 million. The buyer was Ben Ashkenazy’s Askenazy Acquisition Corp., and the seller was California-based Macerich. The property, which is 97 percent leased, spans 370,000 square feet. The deal works out to about $195 per square foot. Macerich had owned the mall since 2011, when the firm purchased it via a foreclosure auction for $54 million.
📊 Commercial: In Bay Ridge, the Gindi family’s sale of the former Century 21 flagship store in Bay Ridge for $47.5 million hit records. The buyer was a joint venture between Baltimore-based MCB Real Estate and Istanbul-based Osiris Ventures. The 14-parcel property spans 95,000 square feet. The deal works out to about $500 per square foot. The buyers plan to redevelop the site into a grocery-anchored shopping center. JLL’s Ethan Stanton, Jeffrey Julien and Brendan Maddigan arranged the deal.
📊 Commercial: A company managed by Kim Soonbin offloaded a 36-unit apartment complex at 331 Keap Street in East Williamsburg. The buyer, an LLC tied to Janusz Sendowski, paid just over $9 million for the nearly 22,000-square-foot, six-story building. The seller bought the property about six years ago for $15.5 million. The latest deal marks a nearly 42 percent loss.
📊 Residential: Michael and Kelly Kong paid $9.8 million for a townhouse at 37 West 74th Street on the Upper West Side. The seller, Kensington Investments Limited, had owned the building for decades. The six-bedroom home measures about 6,600 square feet and has a garden, seven fireplaces, terrace and built-in barbecue. Sotheby’s International Realty’s Roberta Golubock had the listing.
📊 Residential: David and Virginia Apple parted with a five-bedroom co-op unit at 1220 Park Avenue on Carnegie Hill. The buyers were Brian Davis, a financial executive, and Cayla O’Connell Davis, a fashion entrepreneur, who paid just under $9 million for the pad. The Apples purchased the unit in 2013 for about $7.8 million, then listed it for sale in January for $9.5 million. Sotheby’s International Realty’s Amanda Cannon Goldworm, Megan Duryea Scott, Merrill Curtis and Geoff McKernan represented the sellers.
By the Numbers: Miami ranks No. 1 for super-rich second homeowners — but New York boasts most ultra-wealthy homeowners
Miami is the No. 1 spot — on the planet — for the super-rich to purchase second homes, according to a report from Altrata, a data provider for the wealth industry.
More than 13,200 ultra-high-net-worth people, or those with a net worth of more than $30 million, have second properties in Miami. That’s about three-fourths of Miami’s ultra-high-net-worth population — the greatest share of the top 20 cities.
The city with the most super-wealthy homeowners is New York, which has more than 33,200 owners in that category. The Big Apple ranks second for having the most second homes among the ultra-rich, with more than 12,800.
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