NYC Real Estate Hits Big This Week

New York City real estate just hit a major milestone with nearly 300 transactions totaling over $480 million. The biggest commercial deal? Shinko Co. snapped up a Lower East Side mixed-use building for $24 million — nearly triple its purchase price just months prior. On the luxury end, a jaw-dropping penthouse at One High Line sold for $23.5 million, just shy of its $24 million asking price. Meanwhile, a historic Brooklyn Heights brownstone from the 1860s — unchanged hands for 60 years — sold for $15 million. And on the Upper East Side, a full-floor Park Avenue co-op changed hands for $8.9 million, down from its $12 million purchase price in 2014. The market’s still buzzing — even amid all the noise. 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/25f7fa3ed0b00c16