Clinton Hill Deal & Soho Sale

Big commercial deal in Clinton Hill: a stalled development at 929 Atlantic Ave just sold for $8M to KG Atlantic Realty Holding Inc., led by Fei Guo. On the residential front, Soho’s hottest sale was a spacious condo at 538 Broadway, bought last year for $8.9M and now selling for $12.8M — a solid gain. Also, Related Companies and Oxford Properties moved a Hudson Yards unit for $7.5M. Nationally, the number of underwater homes has surged past 2 million — up 15% from last year — signaling a broader market shift. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6d15a79ae5f5fc16