NYC’s top deals: Tribeca’s Smyth Hotel trades for $40M

Overall, there were 185 deals, totaling about $241 million, recorded in New York City on Wednesday, Aug. 6. 🏆 Residential: The top residential sale recorded in New York City was in Yorkville. Mark Jenkins and Karen Holland scooped up a condominium at 20 East End Avenue for $8.5 million. The seller was an LLC that had purchased the unit in 2017 for $8.2 million. The unit spans about 3,000 square feet and has four bedrooms. The deal, which appears to have been off market, works out to about $2,800 per square foot. 🏆 Commercial: The priciest commercial transaction recorded in […]This article originally appeared on The Real Deal. Click here to read the full story.