"David Krohn, a crypto trader, and Phyllis Lee, an investment banker, scooped up a home at 330 West 88th Street for $8.5 million 89 percent more than what it last sold for several years ago. The seller was an LLC linked to Mount Vernon, New York-based architect Mohammad Badaly, who had purchased the residence in 2022 for $4.5 million and gut-renovated it, according to the listing. The six-story home spans over 7,000 square feet and has more than 1,400 square feet of outdoor space."
"Commercial: Weill Cornell Medicine's acquisition of a 10-story, 500,000-square-foot office building at 1334 York Avenue on the Upper East Side for $510 million marked the highest commercial real estate deal recorded in the city. The university, which had previously leased space in the building, was represented by a JLL team led by David Giancola, Geoff Goldstein, Steven Klein, David Cartlos and Joe Messina."
New York City recorded 216 property transactions totaling $890 million in the 24 hours before 4:00 p.m. on Oct. 15. An Upper West Side townhouse at 330 West 88th Street sold for $8.5 million to David Krohn and Phyllis Lee; the six-story, more-than-7,000-square-foot home was previously purchased for $4.5 million in 2022 and features over 1,400 square feet of outdoor space, an elevator, four bedrooms and six-and-a-half bathrooms. Weill Cornell Medicine acquired a 10-story, 500,000-square-foot office building at 1334 York Avenue for $510 million, with Sotheby's selling and leasing back four floors. Additional commercial sales included the Baudouine Building at 1181 Broadway for $24 million and a Bayside Wendy's for just under $8 million.
Read at therealdeal.com
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