There have been 152 transactions totaling $691 million filed in New York Metropolis information within the 24 hours earlier than 4 p.m. on Friday, Might 15, 2026.
🏆 Industrial: The highest business actual property transaction to hit information was in Midtown, the place Gary Barnett’s Extell Growth Firm closed on the sale of a growth website at 405-407 Park Avenue for about $451 million, based on deeds filed with town. Sources beforehand instructed The Actual Deal that the sellers had been searching for north of $500 million for the positioning, and that Extell was additionally set to accumulate air rights from the close by Central Synagogue. Swedish investor Corem Property Group AB was the vendor of 407–417 Park Avenue, and Deutsche Financial institution’s asset administration arm and MRP Realty had been the sellers of 405 Park Avenue.
🏆 Residential: The priciest house sale was in Brooklyn Heights, the place a newly constructed, six-story townhouse at 299 Hicks Street modified fingers for $13.3 million. The vendor was an LLC tied to developer Vadem Brodsky, and the client was Blackberry Meadow Holdings LLC. The house has six bedrooms, six and a half bogs, a completed basement, a non-public backyard, a rooftop terrace and underground parking for six automobiles. It first went available on the market in September 2024, for just below $18 million. Its most up-to-date asking value was practically $15 million. Douglas Elliman’s Aran Scott, Anthony Robles, Peter Perez and Susan Lee had the itemizing.
📊 Industrial: An affiliate of Lightstone Capital acquired seven workplace condominium models at 32 West thirty ninth Road within the Garment District for $14.6 million. The vendor was an LLC tied to Montclair, New Jersey-based Trigild. The models measure about 33,600 sq. toes, pricing the sale at roughly $435 per sq. foot.
📊 Residential: Additionally in Brooklyn Heights, Ellen Marrone and Phillip Rosen dropped $8.2 million on a townhouse at 10 Sidney Place. The vendor was an LLC tied to Steven Ok. Chu, who had bought the residence within the early Nineties. The six-bedroom brownstone went available on the market in February for $8.5 million. Serhant’s Ravi Kantha, Cameron LeCates and Nicole Kats represented the vendor.
📊 Residential: A belief offered a 2,700-square-foot co-op at 150 Central Park South for $8 million. The client was Koruma, Inc. The sale pencils out to greater than $2,900 per sq. foot. The pad has three bedrooms and three and a half bogs. It additionally has a terrace. The residence first went on sale in September for $12.5 million. Douglas Elliman’s Matthew Gulker and Sabrina Saltiel had the itemizing.
By the Numbers: Residential foreclosures soar in Solar Belt metros
The residential foreclosures charges are accelerating in a number of key Solar Belt cities, signaling that the wave of house owners that bought properties in booming cities could also be fighting affordability will increase.
The difficulty is most obvious in Austin, which had the best annual foreclosures development fee in April — practically 199 %, based on a TRD Knowledge evaluation of foreclosures information of metropolitan statistical areas with at the least 1 million residents from analysis agency Attom. Austin’s fee was the eighth highest of the markets studied, with about 1 in each 2,000 properties having some sort of foreclosures submitting.
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