A 23-story Manhattan office tower that sold in 2006 for $332 million has changed hands in an online auction for $8.5 million – a 97.5% loss. The New York Times reported the owner of the property, an investment fund run by UBS Realty Investors, had previously tried to...
Investment sales in Manhattan commercial real estate reached $5.8 billion over in the first half of this year, according to new data from Ariel Property Advisors. This represented a 14% increase from the second half of 2023. A total of 167 transactions were recorded...
“Breaking Bad” star Bryan Cranston has listed his co-op apartment on Manhattan’s Central Park South or $3.495 million. The Wall Street Journal reports Cranston acquired the apartment for $3.1 million in 2017 when he relocated to New York City to appear in the Broadway...
The historic Upper East Side brownstone that was Frank Sinatra’s New York City residence for most of the 1960s has been listed for sale at $4.45 million. The New York Post reported the legendary entertainer lived at 249 East 61st St. from 1963 to 1969. The...
New York City recorded $1.44 billion in multifamily sales during the first quarter of this year, according to new data from Ariel Property Advisors. This represented a 23% year-over-year increase. Predominantly free market building sales accounted for slightly more...