NYC's top deals: Norges buys 1177 Sixth Avenue for $572M
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NYC's top deals: Norges buys 1177 Sixth Avenue for $572M
"Residential: The top home sale recorded in New York City was in Carnegie Hill. Brian and Cayla Davis shed a co-op at 1220 Park Avenue for just under $5.5 million, the asking price. The buyers were Willard Boothby, an attorney, and Alice Haven Thompson, an executive recruiter. The 3,200-square-foot, four-bedroom pad went on the market in June with Brown Harris Stevens' Amanda Brainerd and Gerard Ryan. The transaction works out to roughly $1,700 per square foot."
"Commercial: The top commercial transaction recorded in the city was in Midtown, as the sale of the Americas Tower, a 47-story skyscraper at 1177 Avenue of the Americas, posted to records. Norges Bank Investment Management and Beacon Capital Partners acquired the building for $572 million from Silverstein Properties and the California State Teachers' Retirement System. The office building spans 1 million square feet, pricing the deal at $572 per square foot."
"Commercial: In Boerum Hill, a townhouse sold for $5.7 million. Sellers Ruth Schulder, who ran a marketing agency, and real estate agent Forrest Zlochiver purchased the three-family home, consisting of an owner's triplex and two, one-bedroom rental units, in 2013 for $2.8 million. The buyers were neurosurgeon Dr. Erez Nossek and Sharon Berger. The townhouse went up for sale in June with Compass' Tamara Abir and Noah Plener. The asking price was $5.3 million."
There were 137 transactions totaling $820 million recorded in New York City over the 24 hours before 4:00 p.m. on Friday, Oct. 10. The top residential sale was a 3,200-square-foot, four-bedroom co-op at 1220 Park Avenue in Carnegie Hill that sold for just under $5.5 million, about $1,700 per square foot, to buyers Willard Boothby and Alice Haven Thompson. The top commercial sale was the Americas Tower at 1177 Avenue of the Americas, a 47-story, 1 million-square-foot office building that traded for $572 million, roughly $572 per square foot, bought by Norges Bank Investment Management and Beacon Capital Partners. Other notable sales included a Boerum Hill townhouse for $5.7 million and a Carroll Gardens four-family property for $5.5 million.
Read at therealdeal.com
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