🏆Residential: The most costly recorded dwelling sale was in Nomad, the place a rental at JD Carlisle Improvement and Fosun Worldwide’s 15 East thirtieth Avenue, generally known as Madison Home, offered for $11.4 million. The client was Madison 59A LLC. The unit spans about 3,400 sq. toes and has 4 bedrooms and 4 and a half bogs. The deal breaks right down to about $3,400 per sq. foot. Douglas Elliman’s Justin Tuinstra had the itemizing.
🏆Industrial: The highest business deal to hit information was in Sundown Park, the place a 13,700-square-foot business rental at 6025 Sixth Avenue modified arms for $29.5 million. The vendor was an LLC tied to Leon Chen, and the customer was the Sundown Park Well being Council and Household Well being Facilities at NYU Langone, which already occupies the area. The middle supplies early childhood providers, household strengthening providers, older grownup providers and extra.
📊Residential: In Lenox Hill, Christopher and Nina Evison bought a co-op at 30 East 71st Avenue for $9.1 million. The vendor was a belief tied to Stacey Kaye Bronfman, an artwork collector and ex-wife of Seagram inheritor Matthew Bronfman. The unit spans about 3,800 sq. toes and has 4 bedrooms and 4 and a half bogs, in response to a 2018 itemizing for the property, which Kaye Bronfman bought in 2018 for $9.2 million.
📊Industrial: Within the Hamilton Heights part of Manhattan, an affiliate of Richmond Hill, New York-based Wavecrest Administration parted with two, five-story-tall condominium complexes at 1704 Amsterdam Avenue, which has 35 flats, and 504 West 145th Avenue, which has 20 models, for $19.2 million. The client was Metropolitan Realty Group, based mostly in Nice Neck, New York.
📊Industrial: In Brooklyn, an affiliate of The Jackson Group offloaded two properties at 2074 and 2080 McDonald Avenue for $18.6 million. The client was an affiliate of Atlanta-based Diamond Nationwide Investments. The constructing at 2074 is a business property standing two tales tall and spanning 18,700 sq. toes, and the opposite constructing is a one-story yeshiva measuring 7,500 sq. toes, in response to metropolis information.
By the Numbers: REITs outperform broader market in H1 2026
Real estate investment trusts within the first half of the yr outperformed the broader market as rates of interest stay elevated, largely because of sturdy working fundamentals.
Within the first and second quarters, the Nareit All Fairness REIT index posted complete returns of practically 15 %, in response to knowledge from Nareit, a REIT trade group. In the meantime, the Russell 1000’s returns have been 10.3 % and the S&P 500’s was 10.2 %.
When you like this digest, you may get it even earlier — each night — by subscribing to TRD Information, here.
