"The top home sale recorded in New York City on Tuesday, Oct. 21, was for a combined condo in West Chelsea. Julia Rose Guevara shed the four-bedroom spread, which was once two separate units, at The Caledonia at 450 West 17th Street for $5.8 million. The buyer was Donna Milia, a former BlackRock executive. Guevara paid $4.7 million in 2020 for one unit and $1.6 million in 2020 for the other."
"Commercial: CIM Group's sale of the Dominick Hotel at 246 Spring Street in Soho closed, and it was the top commercial real estate deal recorded in the city. CIM, which acquired the property via foreclosure in 2014, offloaded the hotel for about $170 million. The buyer was Cain International. CIM refinanced the hotel, once known as the Trump Soho Hotel Condominium, in 2023 with an $83 million loan from Ramsfield Hospitality Finance and funds managed by Alliance Bernstein's CarVal alternative investment manager."
There were 163 transactions totaling $397 million recorded in New York City in the 24 hours before 4 p.m. on Oct. 21. The top residential sale was a combined four-bedroom condo at The Caledonia in West Chelsea, sold by Julia Rose Guevara to Donna Milia for $5.8 million; Guevara had paid $4.7 million and $1.6 million for the two units in 2020. CIM Group sold the Dominick Hotel in Soho to Cain International for about $170 million after acquiring it via foreclosure in 2014 and refinancing it in 2023 with an $83 million loan. A Citibank-anchored Bronx retail building at 1800 Williamsbridge Road traded for $9.9 million, and a trust linked to Anna Ortiz-Mortfit bought a three-bedroom at 60 Gramercy Park North for $5 million.
#new-york-city-real-estate #residential-condo-sale #commercial-hotel-transaction #retail-property-sale
Read at therealdeal.com
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